Westport Light Duty [WID]

CNG/LPG Engines and Components for Light-Duty Automotive and IndustryWestport Light Duty Inc.Investor DayIan Scott, President May 24, 2012

Rapid Growth in the Last Two Years First revenues recognized 26 months ago, today:  Q1 2012: USD 26.7M revenues  Sales in more than 50 countries  ~400 employees with operations centers on 5 continents  World leading CNG intellectual property portfolio  Leading OEM customers and partners 2

Significant Light-Duty Automotive Volumes Light Vehicle Sales Forecast 100 >90% of the 80 vehicles soldSales (millions) 60 globally are light-duty. 40 Westport 20 must play here 0 2012 2013 2014 2015 2016 Source: Polk 3

Significant Light-Duty Fuel ConsumptionCanada and USA natural gas fuel consumption by vehicle class (74 billion ft3/day) 32 billion ft3/day 25 billion ft3/day 14 billion 4 billion ft3/day ft3/day 4

Goal From Inception: Become the Leading Tier 1Alt Fuel Solution Provider Westport Key Elements Pedigree North American vehicle capabilities OEM European vehicle Tier 1 Competencies capabilities (AFV 2011) System On engine components Solutions (OMVL 2010, AEC assets 2012) Technology Off engine components (Emer 2011) Portfolio Industrial engines Organic Development Acquisition 5

Offering Complete Customer Solutions complete systems designed to specific complete engines OEM platforms for industrial off-engine on-engine components components 6

Strong Sales Growth byLeveraging Solid Product Foundation Top line growth will be through: 30  New OEMs Revenue (USD millions) 25  Increased content in 20 current OEMs  New geographies 15  New products 10 Challenges: 5  Euro zone slowdown -  Organizing for growth Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 7

Developing Global Competency CentersThese capabilities are leveraged across Westport LD and extended to the Westport Group Gothenburg, S Vancouver, Ca weden nada [HQ] Detroit, USA Busan, South Korea Louisville, Brescia/Pernumia, USA Italy New Delhi, India R&D production sales & tech. support Perth, Buenos Australia Aires, Argentina 8

Key Customers / Partners are GlobalWestport LD has relationships with most major OEMs in the CNG/LPG market Europe Russia China North America SE Asia India South America 9

Component Manufacturing & AssemblyWestport Italian component manufacturing and assembly capabilities provide ahigh volume product foundation. 10

European OEM Capabilities CNG system provider to Volvo Car Company (Sweden) Potential for strong growth with additional platforms and international markets “Volvo Car Company has always stood for safety, performance and durability. AFV’s expertise combined with Westport’s global leadership in natural gas technologies will be able to capture the growing market opportunity.” Jan Bengtsson, VP Vehicle Line Management, Volvo Car Company 11

North American OEM Capabilities The bi-fuel Westport™ WiNG Power System is launching now in Ford F-250/350 Super Duty trucks Fully tested to OEM specifications Sold and serviced through Westport LD authorized Ford Dealer Distributors Integration conducted in our Ford QVM-approved facility in Louisville 12

WiNG Power System Testing Program 13

Juniper Industrial Engines:Proven in Mobile and Stationary Applications Based on Hyundai high volume 2.4L engine platform Natural gas and LPG: EPA and CARB certified Supplying oilfield and forklift customers - growth potential in current and new segments 14

Core Strategy: Advanced Technology Collaboration The Westport global patent portfolio is being leveraged with light-duty OEMs Advanced engines require advanced alternative fuel technologies Top 10 Natural Gas Engine Companies* GE (% revenue + % locations + % litigation) 92company strength Bosch, 89 Siemens 115 Toyota GM 145 128 CAT Ford 114 127 Westport Honda 97 294 Fiat 98 intellectual property strength (% patents + % classifications + % citations) 15

Summary and Conclusions1. Strong progress on goal of becoming the Leading Tier 1 CNG/LPG Solution Provider2. Comprehensive offerings: complete systems, components and engines3. Firmly positioned for global growth in automotive/industrial markets4. Poised for strong out-of-the-gate position in North American market Westport LD Competitive Advantages complete long term advanced OEM engine and culture of vision and technology mindset vehicle innovation focus portfolio expertise 16

CNG/LPG Engines and Components for Light-Duty Automotive and IndustryThank youwww.westport-ld.comwww.wingpowersystem.com

Westport Light Duty [WID]

by Westport Innovations Inc.

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