Press Releases

LARBERT, United Kingdom, Nov. 30, 2023 (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 confirmed Stagecoach as the launch customer for its recently-launched Enviro100EV small zero-emission bus. The purchase has been supported by the Sc...

LARBERT, United Kingdom, Nov. 13, 2023 (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 been chosen in a competitive tender by Hong Kong’s MTR Corporation to supply 35 battery-electric Enviro500EV double deck buses...

All figures quoted in U.S. dollars unless otherwise noted: 2023 Q3 revenue of $710 million; 1,051 equivalent units ("EUs") delivered, up 34% from 2022 Q3, with 23% of deliveries being battery- and fuel cell-electric buses ("ZEBs"). Net loss of $40 million; Net loss per Share of $0.42, and Adjusted Net Loss per Share2 of $0.41; 2023 Q3 Adjusted EBITDA2 of $11 million. Ending liquidity2 position of $170 million.Ending total backlog2 position (both...

LARBERT, United Kingdom, Nov. 01, 2023 (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 launched its next generation of battery-electric buses for the UK and Ireland with the unveiling of the new Enviro100EV small bus and the Enviro400E...

NFI and its subsidiaries have raised over $3.9 million for United Way agencies since 2009 Winnipeg, Manitoba, CANADA – October 30, 2023: (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, today announced that its annual United Way Workplace Campaign raised $420,000 –continuing NFI’s commitment to supporting the communi...

ST. CLOUD, Minn., Oct. 18, 2023 (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, today recapped a successful week attending the American Public Transportation Association (APTA) TRANSform Conference and EXPO (EXPO) in Orlando, Florida. NFI showcased its mobility solutions ecosystem and market-leading ve...

New Flyer’s 3-door battery-electric buses ensure faster, more flexible BRT platform boarding and enhanced passenger experience St. Cloud, Minnesota, USA – October 10, 2023: (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 its subsidiary New Flyer of America Inc. (“New Flyer”) has received...

With the option to add on a seventh and eighth string of batteries, the Xcelsior CHARGE NG™ offers over 30% more range. St. Cloud, Minnesota, USA – October 9, 2023: (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI), a leading independent bus and motor coach manufacturer and leader in zero-emission electric mobility solutions, today announced subsidiary New Flyer of America Inc. (New Flyer) has innovated their 60-foot zero-em...

ST. CLOUD, Minn., Oct. 05, 2023 (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 (New Flyer), has been awarded a new two-year contract from Houston Metropolitan Transit Authority (METRO) for 160 Xcelsior® 40-foot clean-diesel transit buses with o...

ST. CLOUD, Minn., Oct. 04, 2023 (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 a partnership with American Battery Solutions (ABS) for the supply of custom battery packs to power NFI’s battery-electric transit buses and coaches in North America that will increase capacity and add resiliency to NFI’s Nor...