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NFI Group (TSX:NFI) receives first electric-battery bus order from the University of Michigan

Renewable Energy, Transport
TSX:NFI
16 November 2021 09:00 (EST)

Source: InsideEVs

NFI Group (NFI) subsidiary New Flyer has received an order from the University of Michigan (U-M) Transportation Services.

The initial order is for three Xcelsior CHARGE NG™ transit buses and one articulated Xcelsior CHARGE NG™ bus

The renewable, one-year contract includes options for up to 50 Xcelsior® heavy-duty transit buses in 35-foot, 40-foot and 60-foot lengths in both electric and diesel propulsion.

U-M operates a large alternative-energy vehicle fleet. With nearly one thousand vehicles in its fleet, the university has committed to achieving university-wide carbon neutrality by 2040.

“NFI is proud to support U-M’s commitment to sustainability with our advanced battery-electric buses,” said Chris Stoddart, President, North American Bus and Coach. “Drawing on over 50 years of engineering experience in zero-emission mobility, our EVs offer up to 250 miles in range on a single charge and will immediately reduce greenhouse gas emissions, delivering cleaner, quieter, more sustainable mobility to the U-M community.”

NFI is a leader in zero-emission mobility, with electric vehicles operating in more than 80 cities in five countries. NFI offers the widest range of zero-emission battery and fuel cell electric buses and coaches, and the company’s vehicles have completed over 50 million EV service miles.

New Flyer is North America’s heavy-duty transit bus leader and offers the most advanced product line under the Xcelsior® and Xcelsior CHARGE®brands.

NFI Group Inc. (NFI) opened trading at C$25.69 per share.

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