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New Flyer (TSX:NFI) receives additional order from Ohio’s COTA

Market News, Renewable Energy, Transport
TSX:NFI
17 January 2023 09:15 (EDT)

Source: Columbus Underground

NFI Group (NFI) subsidiary New Flyer received a new order from Central Ohio Transit Authority (COTA).

The order is for 14 zero-emission, battery-electric Xcelsior CHARGE NG forty-foot heavy-duty transit buses.

NFI Infrastructure Solutions will provide 20 ABB HVC-C 150kW plug-in chargers and 40 dispensers.

Supported by Federal Transit Administration funds, this order follows COTA’s previous purchase of eight battery-electric Xcelsior CHARGE NG transit buses. These new zero-emission buses will support COTA’s goal of transitioning to a 100 per cent zero-emission bus fleet by 2035 to achieve net zero carbon emissions by 2045.

COTA provides public transit in the greater Columbus and central Ohio region, delivering more than 19 million passenger trips in 2019. 

“For over 20 years, COTA has relied on NFI’s efficient and safe mobility solutions. NFI has delivered over 186 transit buses to COTA since 2001. With this latest order of high-performance electric buses and infrastructure, we continue to enable COTA’s safe and successful transition to a net zero carbon future,” said Chris Stoddart, President of North American Bus and Coach, NFI.

“Each Xcelsior CHARGE NG will avoid up to 135 metric tons of greenhouse gas per year compared to a traditional diesel bus, delivering substantial clean air benefits to Columbus communities. Together with COTA, we are building more sustainable communities in Ohio.”

NFI Group is focused on the electrification of mass mobility with electric vehicles operating or on order in more than 80 cities in five countries.

Shares of NFI Group (NFI) opened trading at C$11.44.


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