Westport Fuel Systems shares rise 12.43% premarket after Zacks highlights growth in alternative fuel adoption and defense demand.

Westport Fuel Systems surged 12.43% in premarket trading following a Zacks Equity Research report highlighting its strategic positioning in the automotive industry's shift toward alternative fuels. The report emphasized Westport's joint venture with Volvo (Cespira), which strengthens its role in low-carbon transportation, and noted its expansion in hydrogen and CNG markets through new manufacturing facilities in Cambridge and Changzhou. These developments, coupled with initial customer shipments in China's growing hydrogen commercial vehicle sector, underscored improved growth prospects. The Zacks report also cited Westport's operational streamlining via divestitures and its alignment with electrification trends, reinforcing its "Buy" Zacks Rank (#2). The stock's rally reflects optimism around its focus on high-potential HPDI technology and regional manufacturing capabilities amid industry-wide challenges.