Alternative Fuel SolutionsThe company will apply its relatively healthy balance sheet to partly focus on leveraging its HPDI technology to develop products for alternative fuel solutions, including LNG, CNG, RNG, and hydrogen systems.
Hydrogen MarketThe company is planning to open a Hydrogen Innovation Center and manufacturing facility in China to capitalize on the strong hydrogen market there.
Market ExpansionManagement indicated that business development efforts to drive Cespira's market expansion are now picking up to include multiple geographies outside Europe.