Press Releases

ST. CLOUD, Minn., Nov. 30, 2022 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that its subsidiary New Flyer of America Inc. (“New Flyer”) has received new firm orders for 41 transit buses from the San Diego Metropolitan Transit System (“MTS”) with options for up to an additional 432 buses. In tot...

All figures quoted in U.S. dollars unless otherwise noted: Performance Highlights: 2022 Q3 revenue of $514 million; 783 equivalent units ("EUs") delivered, including 104 EUs of battery- and fuel cell-electric buses ("ZEBs"), which equates to 13% of total deliveries. 2022 Q3 Adjusted EBITDA2 of ($16) million; Net Loss per Share of $0.56 and Adjusted Net Loss per Share2 of $0.63.Ending liquidity2 position of $471 million, with a minimum liquidity...

LARBERT, Scotland, Nov. 10, 2022 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (“Alexander Dennis”) today announced that it has received an order for 200 low-emission Enviro400 double deck buses from Stagecoach. This represents the UK bus industry’s largest si...

NFI and its subsidiaries have raised over $3.5 million for United Way agencies since 2009   Winnipeg, Manitoba, CANADA – November 7, 2022: (TSX: NFI, OTC: NFYEF) NFI Group Inc. (“NFI” or “the Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that its annual United Way Workplace Campaign raised $381,868 – surpassing its goal by 13% and continuing NFI’s comm...

WINNIPEG, Manitoba, Nov. 04, 2022 (GLOBE NEWSWIRE) -- November 4, 2022: (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (“Alexander Dennis”) today announced that Alexander Dennis attended the Euro Bus Expo in Birmingham, United Kingdom earlier this week, connecting with customers, ...

WINNIPEG, Manitoba, Nov. 03, 2022 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that NFI subsidiary New Flyer of America Inc. (“New Flyer”) has been named partner of choice by a total of 38 major transit agencies across the United States for its successful project awards from the F...

Expect to deliver third quarter 20221 Adjusted EBITDA3 of ($15) million to ($17) million with results impacted by unreliable supplier performance for certain critical parts and components, and heightened inflation.Based on expected year-to-date results and continuing critical part supply delays, NFI is lowering its planned fourth quarter vehicle deliveries and updating its Fiscal 20222 Adjusted EBITDA3 guidance to ($40) million to ($60) million.Q...

The Mobility House, CTE, AC Transit, New Flyer, Schneider Electric to deploy electric transit buses as mobile emergency backup power for community centers Oakland, California, October 11, 2022 — A new project funded by the California Energy Commission (CEC) will demonstrate the value of bidirectional electric vehicle charging to support a first-of-its-kind vehicle-to-building (V2B) resilience hub. This groundbreaking project will leverage stor...

      NFI's long-range, sustainable, and smart city-capable coach delivers excellent performance through high-power batteries, interoperable plug-in charging, and a high-torque electric drive system https://www.youtube.com/watch?v=9GecfRe_IoU DES PLAINES, Ill., Sept. 28, 2022 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in electric mass mobility ...

LARBERT, United Kingdom, Sept. 22, 2022 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (“Alexander Dennis”) today announced that Transport for Greater Manchester has ordered 50 zero-emission double deck buses from Alexander Dennis for the first phase of the franchised Bee Network...