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Be the first with the news that moves the market- NFI’s (NFI) subsidiary, New Flyer of America Inc., has received firm orders for 41 transit buses from San Diego Metropolitan Transit System
- The order comes with options for up to an additional 432 buses
- Metropolitan Transit System (MTS) is one of the oldest transit systems in Southern California
- NFI is a Canadian automobile manufacturer
- NFI Group Inc. (NFI) is up 0.82 per cent, trading at C$9.86 per share at 3:10 pm ET
NFI’s (NFI) subsidiary, New Flyer of America, has received firm orders for 41 transit buses from San Diego Metropolitan Transit System.
The order comes with options for up to an additional 432 buses. In total, NFI will add 617 Equivalent Units to its backlog from firm and option orders. These units were included in NFI’s pending awards at the end of the third quarter of 2022.
The firm orders include:
- 28 Xcelsior compressed natural gas (CNG) forty-foot, heavy-duty transit buses, and
- 13 Xcelsior CHARGE NG battery-electric forty-foot, heavy-duty transit buses
The five-year contract includes options to purchase forty-foot and sixty-foot Xcelsior CNG buses, as well as forty-foot and sixty-foot Xcelsior CHARGE NG battery-electric buses.
Metropolitan Transit System (MTS) is one of the oldest transit systems in Southern California. It has been serving the San Diego community for more than 135 years. MTS operates one of the cleanest public transit fleets in the United States, providing 88 million annual passenger rides on nearly 100 fixed bus routes.
This order will help MTS meet its goal of transitioning to a zero-emission fleet. New Flyer equips all zero-emission Xcelsior CHARGE NG buses with next-generation, long-range batteries, providing Xcelsior CHARGE NG sixty-foot and forty-foot buses with up to 763kWh and 654kWh of power, respectively. It ultimately delivers high performance, is more energy-efficient, and are longer-range battery-electric bus.
NFI is a Canadian automobile manufacturer. It offers the broadest range of zero-emission battery and fuel cell electric buses and coaches, and its vehicles have completed over 85 million EV service miles.
NFI Group Inc. (NFI) is up 0.82 per cent, trading at C$9.86 per share at 3:10 pm ET.
