NFI Group, a leading independent bus and coach manufacturer, has announced that its subsidiary New Flyer Industries Canada has received an order for 16 battery-electric and fuel cell-electric buses from Winnipeg Transit in Manitoba, Canada.

The five-year contract includes options to purchase up to 150 zero-emission buses over the next four years, bringing the total number of buses to be added to NFI's backlog to 174 Equivalent Units (EUs). Winnipeg Transit is aiming to transition to a 100% zero-emission fleet by 2050, and the new buses will help to reduce greenhouse gas emissions and operating costs compared to diesel buses.

Funded through the Investing in Canada Infrastructure Program, the high-performance zero-emission buses will be built on New Flyer's Xcelsior platform.

“We’re proud to extend our partnership with NFI to modernize our transit fleet and move toward zero emissions,” said Mayor Scott Gillingham. “This purchase will also support local jobs and build Winnipeg’s reputation as a centre of excellence for transit manufacturing and sustainable transit technology.”

“NFI has led innovation in North American public transit for decades, and today we stand ready with our next generation zero-emission buses to help communities transition to no-emission mobility,” said Chris Stoddart, President, North American Bus and Coach, NFI. “NFI's partnership with Winnipeg Transit spans 35 years, and we have delivered more than 1,560 transit buses to Winnipeg Transit since 1987. We are now proudly enabling the agency’s transition to a low-carbon future through our efficient, long-range battery-electric and hydrogen fuel cell-electric buses for healthier Manitoba communities.”

About NFI

Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation.

With 7,500 team members in nine countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer^® (heavy-duty transit buses), MCI^® (motor coaches), Alexander Dennis Limited (single and double-deck buses), Plaxton (motor coaches), ARBOC^® (low-floor cutaway and medium-duty buses), and NFI Parts™. NFI currently offers the widest range of sustainable drive systems available, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. In total, NFI supports its installed base of over 105,000 buses and coaches around the world. The Shares are traded on the Toronto Stock Exchange under the symbol NFI and NFI’s convertible unsecured debentures trade on the Toronto Stock Exchange under the symbol NFI.DB. News and information is available at www.nfigroup.com, www.newflyer.com, www.mcicoach.com, www.nfi.parts, www.alexander-dennis.com, www.arbocsv.com, and www.carfaircomposites.com.

About New Flyer

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. It also offers infrastructure development through NFI Infrastructure Solutions™, a service dedicated to providing safe, sustainable, and reliable charging and mobility solutions. New Flyer actively supports over 35,000 heavy-duty transit buses (New Flyer, NABI, and Orion) currently in service, of which 8,600 are powered by electric motors and battery propulsion and 1,900 are zero-emission. Further information is available at www.newflyer.com.

NFI Receives New Contract for Battery Electric and Hydrogen Fuel Cell Electric Buses From Manitoba’s Winnipeg Transit