- NFI Group (NFI) subsidiary New Flyer Industries has received an order from the Southeastern Pennsylvania Transportation Authority (SEPTA)
- The order is for 220 Xcelsior hybrid-electric transit buses with options to purchase up to 120 additional buses
- SEPTA is America’s sixth-largest transit agency, delivering 300 million annual rides across five counties surrounding Philadelphia, Pennsylvania
- NFI is a leader in zero-emission mobility, with electric vehicles operating in more than 80 cities in five countries
- NFI Group Inc. (NFI) opened trading at C$19.49 per share
NFI Group (NFI) subsidiary New Flyer Industries has received an order from the Southeastern Pennsylvania Transportation Authority (SEPTA).
The order is for 220 Xcelsior forty-foot, heavy-duty, hybrid-electric transit buses with options to purchase up to 120 additional Xcelsior buses under a five-year contract.
SEPTA is America’s sixth-largest transit agency, delivering 300 million annual rides across five counties surrounding Philadelphia, Pennsylvania.
“NFI has delivered over 2,070 buses to SEPTA since 1997, and today we continue to power the transition to sustainable mobility with our low-emission, quiet, efficient, and fully accessible hybrid-electric buses,” said Chris Stoddart, President, North American Bus and Coach.
“With best-in-class features on board, including enhanced batteries and regenerative braking, our hybrid-electric buses are a proven transition strategy to zero-emission mobility through high operational performance, smooth acceleration, fuel savings, and improved air quality.”
NFI is a leader in zero-emission mobility, with electric vehicles operating (or on order) 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 its vehicles have completed over 50 million EV service miles.
Shares of NFI Group Inc. (NFI) opened trading at C$19.49.