- NFI Group (NFI) subsidiary New Flyer Industries Canada ULC has received new orders from the Toronto Transit Commission (TTC)
- The contract also includes 600 options made available to other Ontario-based transit agencies
- The TTC is the third-largest transit system in North America
- NFI Group is focused on the electrification of mass mobility with electric vehicles operating or on order in more than 80 cities in five countries
- Shares of NFI Group opened trading at C$14.56
NFI Group (NFI) subsidiary New Flyer Industries Canada ULC has received new orders from the Toronto Transit Commission.
The TTC has ordered 134 Xcelsior hybrid-electric forty-foot transit buses and 68 Xcelsior sixty-foot hybrid-electric buses for a total of 270 EUs.
The two four-year contracts include options for up to an additional 263 forty-foot hybrid-electric buses and 100 sixty-foot buses, respectively.
In total, NFI will add 733 EUs to its backlog from firm and option orders.
The TTC is the third-largest transit system in North America, delivering more than 526 million annual passenger trips through its bus, subway, streetcar, and paratransit services in Toronto, Ontario. The TTC currently operates the largest fleet of battery-electric buses in North America.
“NFI’s leadership in hybrid-electric mobility spans 20 years, supplying more hybrid buses in North America than any other manufacturer,” said Chris Stoddart, President, North American Bus and Coach.
“Our partnership with TTC started 55 years ago. Since 1968, we have delivered nearly 1,000 vehicles, including 25 battery-electric buses – making New Flyer the only provider of both hybrid-electric and battery-electric buses to TTC. With these new buses, NFI adds the ability to meet green zone regulations through intermittent zero-emission operation, and ultimately, is helping accelerate TTC’s transition to zero-emission and building a more livable GTA.”
All 202 of the buses will be equipped with BAE Systems’ next-generation Modular Accessory Power System. The buses are also configured with intelligent geofencing technology that, through GPS navigation, will turn off the diesel engine and operate in zero-emission electric mode when entering designated areas.
In addition to the awards received and added to the backlog, the forty-foot hybrid-electric heavy-duty transit bus contract also includes 600 options made available to other Ontario-based transit agencies.
NFI Group is focused on the electrification of mass mobility with electric vehicles operating or on order in more than 80 cities in five countries.
Shares of NFI Group opened trading at C$14.56.
