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NFI (TSX:NFI) subsidiary New Flyer receives order for six zero-emission fuel cell buses

Transport
TSX:NFI
18 October 2021 09:15 (EDT)

Source: Mass Transit

NFI Group (NFI) subsidiary New Flyer has received an order from the Culver City Transportation Department.

The order is for six battery-electric six zero-emission battery-electric Xcelsior CHARGE NG40-foot transit buses.

Culver CityBus provides public transit in Culver City, California, delivering over 5 million annual passenger trips.

The order evolves its fleet toward zero-emission propulsion and pursues fulfillment of the California Air Resources Board’s (“CARB”) Innovative Clean Transit (“ICT”) regulation, which mandates transition to 100% zero-emission bus (“ZEB”) fleets by 2040.

Paul Soubry, President and Chief Executive Officer, NFI commented on the order.

“NFI’s leadership of zero-emission vehicles in North America is unrivalled. With this order from Culver CityBus, we continue expanding our EV presence in California,” said  “Since 1998, NFI has delivered nearly 100 buses to Culver CityBus. With these new electric buses, the agency immediately reduces greenhouse gas emissions while experiencing 13% longer range and up to 90% better energy recovery.”

Rolando Cruz, Culver City Chief Transportation Officer remarked,

“We are thankful to partners like New Flyer who have continuously supported our efforts to do our share for clean air. Culver CityBus is excited to lead the evolution to electricity as a clean renewable fuel source. With these new additions to our fleet, we continue our journey to an even cleaner future, with electric buses. With this next evolution to cleaner, quieter zero-emission buses, Culver CityBus is affirming its commitment to fully electrifying our fleet by 2028 – our 100th anniversary – beginning the next 100 years with a renewed commitment to sustainability.”

New Flyer’s Xcelsior CHARGE NG™ battery-electric buses provide up to 525kWh of power and 250 miles of range on a single charge, and over a 12-year lifespan, can deliver up to $125,000 in maintenance and $400,000 in fuel savings.

NFI is a leader in zero-emission mobility, with electric vehicles operating in more than 80 cities in five countries.

The company offers the widest range of zero-emission battery and fuel cell electric buses and coaches, and its vehicles have completed over 40 million EV service miles.

NFI Group Inc. (NFI) opened trading at C$23.64 per share.

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