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NFI (TSX:NFI) receives order for 10 Xcelsior CHARGE NG buses

Transport
TSX:NFI
29 October 2021 14:45 (EDT)

Source: InsideEVs

NFI Group (NFI) has received a new order from Regional Transit Service (RTS) in Rochester, New York for 10 Xcelsior CHARGE NG™ buses.

The purchase, made from a five-year contract established in 2019 with RTS, follows RTS’ 2020 order of 10 zero-emission Xcelsior CHARGE®transit buses and is supported by funds from the Federal Transit Administration (FTA).

RTS, a regional transportation authority established by New York State, provides more than 15 million trips per year. RTS is working to meet New York State’s goal of having its fleet be 25 per cent zero-emission by 2025 and 100 per cent by 2035.

“Since 1998, NFI has delivered over 225 transit buses to RTS and continues to support it through the transition to zero-emission,” said Paul Soubry, President and Chief Executive Officer, NFI.

“With our high performance Xcelsior CHARGE NG – the most advanced EV on the market – RTS and NFI are helping to build more livable communities in New York. We are driving zero-emission, leveraging innovation for sustainability, and, ultimately, building a greener future for all.”

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

NFI Group Inc. (NFI) is up 2.18 per cent, trading at C$24.82 per share at 2:45 pm ET.

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