December 22, 2017 / 3:20 PM / in 10 months

BUZZ-Westport Fuel Systems: Up on MoU with China's Weichai Power

** Canadian auto parts maker’s U.S.-listed shares up 13.9 pct at $3.34

** Co signs non-binding MoU with Chinese auto parts maker Weichai Power Co for development, marketing and commercialization of Westport’s high-pressure direct injection technology in China

** Companies expect to enter into a definitive agreement in early 2018

** Westport’s Canadian shares up 13.4 pct at C$4.24

** Up to Thursday’s close, stock had risen 159 pct this year (Reporting by Karan Nagarkatti)

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