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NFI (TSX:NFI) receives order for 126 BYD ADL electric buses from First Bus for Glasgow

Transport
TSX:NFI
31 March 2021 14:00 (EDT)

NFI Group Inc. (NFI) works with the Alexander Dennis Limited and BYD UK electric vehicle partnership.

The UK’s leading electric bus producer has received a firm order from First Bus for a further 126 zero-emission buses for Glasgow.

The order is the largest ever for electric buses in Scotland and is partially funded by the Scottish Government through the Scottish Ultra-Low Emission Bus Scheme (SULEB). ADL is a subsidiary of NFI.

This firm order includes 91 double deck and 35 single deck buses.

These new vehicles will all be introduced to the Glasgow city bus network by March 2023.

They will join two BYD ADL Enviro200EV that have been in service since January 2020, as well as 22 similar single deck buses ordered in February 2021 for delivery ahead of the UN’s COP26 climate summit.

In total, ADL will have 150 electric buses in service in Scotland’s largest city.

Using BYD’s battery-electric driveline technology, ADL will assemble the buses at its factory in Falkirk, ensuring the investment benefits the local economy in Scotland’s Central Belt.

“We are excited about this large investment by First Bus in new zero-emission electric buses as NFI and our partner BYD continue to drive electric mobility in the UK,” said Paul Soubry, President & Chief Executive Officer, NFI.

Janette Bell, Managing Director, First Bus, said, “As leaders in sustainable mobility, we are fully aligned with the Government’s ambitions for a zero-carbon bus fleet and have already committed to this by 2035.”

Andrew Jarvis, Managing Director, First Glasgow, said, “We have led the way with bus operators in Glasgow as a key partner of Glasgow City Council for the country’s first-ever LEZ rollout.”

NFI is a leader and innovator in zero-emission mobility.

Its battery-electric and fuel-cell electric vehicles are in more than 80 cities in four countries and have completed over 20 million electric service miles.

NFI has the broadest offering of electric vehicles, including medium- and heavy-duty transit buses, motor coaches and double-deck buses.

NFI subsidiary ADL is the UK’s largest bus manufacturer and continues to lead the evolution to zero-emission mobility with sustainable single-deck buses, double-deck buses, and coaches.

Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world.

NFI meets today’s urban demands for scalable smart mobility solutions with zero-emission buses and coaches, infrastructure, and technology.

NFI Group Inc. (NFI) is up 1.86 per cent and is trading at C$27.99 at 1:10 pm ET.

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