- NFI Group (NFI) subsidiary has been awarded a contract from Mississauga Transit for 127 Xcelsior hybrid-electric buses and 38 Xcelsior sixty-foot hybrid-electric buses
- MiWay is Ontario’s third-largest municipal public transit system
- NFI has delivered 550 buses to MiWay since 1976
- 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$19.10 per share
NFI Group (NFI) subsidiary New Flyer Industries has been awarded a contract from Mississauga Transit (“MiWay”).
The two-year contract is for 127 Xcelsior hybrid-electric buses and 38 Xcelsior sixty-foot hybrid-electric buses.
MiWay is Ontario’s third-largest municipal public transit system that operates 500 buses, delivering over 55 million annual rides.
Through this order, MiWay is helping to fulfill its 40-year Strategic Plan, focused on developing a transit-oriented city through expanding its transit system and practicing environmentally responsible approaches to reduce emissions and improve air quality.
“NFI has been leading hybrid-electric innovation for over 20 years, supplying more hybrid-electric buses across North America – in more configurations – than any other manufacturer,” said Chris Stoddart, President, North American Bus and Coach.
“Our partnership with MiWay spans 45 years, having delivered 550 buses since 1976. Today, we continue to support MiWay in its transition to cleaner transportation by leveraging hybrid-electric mobility that will immediately reduce greenhouse gas emissions in the greater Mississauga community.”
NFI is a leader in zero-emission mobility, with electric vehicles operating 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 the company’s vehicles have completed over 50 million EV service miles.
Shares of NFI Group Inc. (NFI) opened trading at C$19.10.
