Market Herald logo

Subscribe

Be the first with the news that moves the market
  • NFI Group (NFI) has partnered with Kiwi Bus Builders to build electric buses in New Zealand
  • NFI subsidiary Alexander Dennis Limited will build two electric buses to be assembled in Kiwi Bus Builders’ local facility
  • Howick & Eastern by Transdev ordered the buses for use on Auckland Transport services
  • New Zealand is preparing to fully transition its bus fleet to zero-emission vehicles by 2035
  • NFI is focused on the electrification of mass mobility with zero-emission buses and coaches, infrastructure and technology
  • NFI Group (NFI) is up by 0.86 per cent and is currently trading at C$27.13 per share

NFI Group (NFI) has partnered with Kiwi Bus Builders to build electric buses in New Zealand.

The company’s subsidiary Alexander Dennis Limited will build two three-axle single-deck electric buses for Howick & Eastern by Transdev for use on Auckland Transport services.

ADL’s partner Kiwi Bus Builders will assemble the buses in its local facility.

The company has previously delivered 16 buses to New Zealand to date.

New Zealand is preparing to fully transition its bus fleet to zero-emission vehicles by 2035 to help meet the country’s 2050 carbon neutral target.

Sheryll Otway, Howick & Eastern by Transdev’s General Manager, commented,

“The future for zero-emission transport in New Zealand is exciting and Howick & Eastern by Transdev is proud to be an ongoing part of this incredible journey.”

Paul Soubry, President and CEO of NFI, added,

“NFI continues to lead the electrification of mass mobility around the world, and we are thrilled to be working with our partners in Auckland, New Zealand to support their zero-emission initiatives and goals.

Our electric vehicles enable smart city development, reduce the harmful impacts of climate change, traffic congestion and noise pollution, and create local economic opportunity.”

NFI is focused on the electrification of mass mobility with zero-emission buses and coaches, infrastructure and technology. The company’s battery-electric and fuel-cell electric vehicles are in more than 80 cities in four countries and have completed over 23 million electric service miles.

NFI Group (NFI) is up by 0.86 per cent and is currently trading at C$27.13 per share as of 9:37 am ET.

More From The Market Herald

" CAVU Mining (CSE:CAVU) to acquire the Star Copper-Gold Porphyry Project in BC

CAVU Mining Corp. (CAVU) has announced its plans to acquire a 100 per cent interest in the Star Project.
BlackBerry Limited - Vice President of Products and Strategy, Grant Courville.

" BlackBerry (TSX:BB) operating system receives safety certification in Europe

BlackBerry’s (BB) QNX® OS has been certified by the European Electrotechnical Committee for Standardization (CENELEC) for use in the railway industry.

" The Limestone Boat Company (TSXV:BOAT) closes private placement of unsecured debentures and announces additional offering

The Limestone Boat Company (BOAT) has closed a non-brokered private placement of debentures for gross proceeds of $340,000.
NanoXplore - President and CEO, Soroush Nazarpour (left)

" NanoXplore (TSX:GRA) and Molding Products LLC sign supply agreement for transportation market

NanoXplore (GRA) has signed a supply agreement with Molding Products LLC.