24 May 2024

NFI subsidiary Alexander Dennis announces contract with BC Transit for 29 double deck buses

LARBERT, United Kingdom, May 24, 2024 (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 a firm order for 29 Enviro500 double deck buses from BC Transit in British Columbia, Canada. BC Transit is a provincial gov...
21 May 2024

NFI announces John Proven as President of NFI Parts and ARBOC

WINNIPEG, Manitoba, May 21, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI), a leading independent bus and coach manufacturer and a leader in zero-emission electric mass mobility solutions, is pleased to announce the selection of John Proven as the new President of NFI Parts and ARBOC Specialty Vehicles (ARBOC). John will start his new role on June 3, 2024, reporting directly to NFI’s President and Chief Exec...
17 May 2024

NFI subsidiary New Flyer announces contract with BC Transit for 33 battery-electric buses

WINNIPEG, Manitoba, May 17, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) New Flyer Industries Canada ULC (New Flyer), a subsidiary of NFI Group Inc. (NFI) and leading manufacturer of heavy-duty transit buses, today announced a contract with BC Transit Corporation (BC Transit) for 33 next-generation Xcelsior CHARGE NG™ 40-foot battery-electric buses (BEBs). The contract was added to New Flyer’s firm backlog in 2024 Q2. BC ...
13 May 2024

New Jersey awards NFI subsidiary New Flyer a contract for up to 1,300 Xcelsior® Transit Buses

This record award builds on NFI’s strong relationship with NJ TRANSIT, who currently operates both MCI coaches and New Flyer heavy-duty transit buses.ST. CLOUD, Minn., May 13, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) -- NFI Group Inc. (NFI), a leading independent bus and motor coach manufacturer and a leader in zero-emission electric mobility solutions, today announced that NFI subsidiary New Flyer of America Inc. (New Fly...
06 May 2024

NFI announces Election of Directors, including new Board member Anne Marie O’Donovan

WINNIPEG, Manitoba, May 06, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) The Board of Directors (the “Board”) of NFI Group Inc. (the “Company”), a leader in zero-emission electric mobility solutions, is pleased to announce that Anne Marie O’Donovan was elected as a new director of the Board at the Company’s annual general meeting of shareholders (the “Shareholder Meeting”) held on Friday May 3, 2024. Anne Marie has been appointe...
02 May 2024

NFI announces first quarter 2024 results

All figures quoted in U.S. dollars unless otherwise noted: 2024 Q1 revenue of $723 million; 1,127 equivalent units ("EUs") delivered, up 42% from 2023 Q1, with 201 of EUs delivered being battery- and fuel cell-electric buses ("ZEBs"). Ending total backlog2 position (both firm and options) reached a record high of 14,783 EUs (valued at $11.7 billion), with 365 EUs in bid award pending; ZEBs represent 39% of total backlog2.2024 Q1 Net loss...
29 Apr 2024

Boston orders 80 advanced zero-emission buses from NFI subsidiary New Flyer with options to purchase an additional 380 buses

Purchase of New Flyer’s zero-emission Xcelsior CHARGE NG™ buses marks a major step forward in Massachusetts Bay Transportation Authority’s effort to transition to an all-electric bus fleet ST. CLOUD, Minn., April 29, 2024 (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 the Massachusetts Bay Tra...
22 Apr 2024

NFI celebrates Earth Day 2024

WINNIPEG, Manitoba, Canada – April 22, 2024: (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, is pleased to celebrate Earth Day. For decades, NFI has been leading the evolution to zero-emission transportation, the ZEvolution, investing in the future of sustainable mobility solutions for our customers, our shar...
17 Apr 2024

NFI schedules first quarter 2024 financial results and Annual Meeting of Shareholders

WINNIPEG, Manitoba, April 17, 2024 (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 it intends to release its first quarter 2024 financial results on Thursday, May 2, 2024 after market close, with a conference call and webcast to discuss the results on Friday, May 3, 2024, at 8:30 a.m...
11 Mar 2024

NFI subsidiary New Flyer awarded two contracts from New York for up to 2,090 Xcelsior® transit buses

ST. CLOUD, Minn., March 11, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) New Flyer of America Inc. (New Flyer), a subsidiary of NFI Group Inc. (NFI) and North America’s leading manufacturer of heavy-duty transit buses, today announced that it has been awarded two new contracts from the New York City Transit Authority (NYCT) including firm orders for 429 Xcelsior® buses (671 equivalent units or EUs) with options to purchase up ...
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