California’s SFMTA orders 42 hybrid transit buses from NFI subsidiary New Flyer
NFI Group Inc. (NFYEF) announced that its subsidiary New Flyer has received an order from the San Francisco Municipal Transportation Agency (SFMTA) for 42 Xcelsior® 40-foot hybrid buses. The order, included in NFI's Q4 2024 backlog, complies with Buy America requirements supporting U.S. manufacturing jobs.
SFMTA's Muni system, serving approximately 500,000 daily boardings with 158 million passenger boardings in 2024, operates a diverse fleet including hybrid buses, trolleys, battery-electric buses, street cars, light rail vehicles, and cable cars. New Flyer has delivered over 700 buses to SFMTA in the past decade.
The new hybrid-electric buses will replace aging vehicles, featuring advanced technology to enhance efficiency, power, and performance while reducing greenhouse gas emissions and fuel consumption.
NFI Group Inc. (NFYEF) ha annunciato che la sua sussidiaria New Flyer ha ricevuto un ordine dall'Agenzia di Trasporto Municipale di San Francisco (SFMTA) per 42 autobus ibridi Xcelsior® da 40 piedi. L'ordine, incluso nel backlog del Q4 2024 di NFI, è conforme ai requisiti del Buy America, sostenendo i posti di lavoro nella produzione negli Stati Uniti.
Il sistema Muni di SFMTA, che serve circa 500.000 accessi giornalieri con 158 milioni di accessi passeggeri nel 2024, opera con una flotta diversificata che include autobus ibridi, filobus, autobus elettrici a batteria, tram, veicoli di metropolitana leggera e funicolari. New Flyer ha consegnato oltre 700 autobus a SFMTA nell'ultimo decennio.
I nuovi autobus ibrido-elettrici sostituiranno i veicoli obsoleti, dotati di tecnologia avanzata per migliorare l'efficienza, la potenza e le prestazioni, riducendo al contempo le emissioni di gas serra e il consumo di carburante.
NFI Group Inc. (NFYEF) anunció que su subsidiaria New Flyer ha recibido un pedido de la Agencia de Transporte Municipal de San Francisco (SFMTA) por 42 autobuses híbridos Xcelsior® de 40 pies. El pedido, incluido en la cartera de NFI para el cuarto trimestre de 2024, cumple con los requisitos de Buy America, apoyando los empleos de manufactura en EE. UU.
El sistema Muni de SFMTA, que atiende aproximadamente 500,000 abordajes diarios con 158 millones de abordajes de pasajeros en 2024, opera una flota diversa que incluye autobuses híbridos, trolleybuses, autobuses eléctricos de batería, tranvías, vehículos de tren ligero y funiculares. New Flyer ha entregado más de 700 autobuses a SFMTA en la última década.
Los nuevos autobuses híbrido-eléctricos reemplazarán vehículos envejecidos, presentando tecnología avanzada para mejorar la eficiencia, la potencia y el rendimiento mientras reducen las emisiones de gases de efecto invernadero y el consumo de combustible.
NFI Group Inc. (NFYEF)는 자회사인 New Flyer가 샌프란시스코 시 교통국(SFMTA)으로부터 42대의 Xcelsior® 40피트 하이브리드 버스 주문을 받았다고 발표했습니다. 이 주문은 NFI의 2024년 4분기 백로그에 포함되어 있으며, 미국 제조업 일자리를 지원하는 Buy America 요구사항을 준수합니다.
SFMTA의 Muni 시스템은 약 500,000명의 일일 승차객을 서비스하며, 2024년 1억 5800만 명의 승차객을 기록하고 있습니다. 이 시스템은 하이브리드 버스, 트롤리, 배터리 전기 버스, 전차, 경전철 및 케이블카를 포함한 다양한 차량을 운영합니다. New Flyer는 지난 10년 동안 SFMTA에 700대 이상의 버스를 공급했습니다.
새로운 하이브리드 전기 버스는 노후된 차량을 대체하며, 효율성, 성능 및 전력을 향상시키는 첨단 기술을 특징으로 하여 온실가스 배출과 연료 소비를 줄입니다.
NFI Group Inc. (NFYEF) a annoncé que sa filiale New Flyer a reçu une commande de l'Agence de transport municipal de San Francisco (SFMTA) pour 42 autobus hybrides Xcelsior® de 40 pieds. La commande, incluse dans le carnet de commandes de NFI pour le quatrième trimestre 2024, est conforme aux exigences du Buy America, soutenant les emplois de fabrication aux États-Unis.
Le système Muni de SFMTA, qui dessert environ 500 000 montées quotidiennes avec 158 millions de montées de passagers en 2024, exploite une flotte diversifiée comprenant des autobus hybrides, des trolleybus, des autobus électriques à batterie, des tramways, des véhicules de métro léger et des funiculaires. New Flyer a livré plus de 700 autobus à SFMTA au cours de la dernière décennie.
Les nouveaux autobus hybrides électriques remplaceront des véhicules vieillissants, avec une technologie avancée pour améliorer l'efficacité, la puissance et les performances tout en réduisant les émissions de gaz à effet de serre et la consommation de carburant.
NFI Group Inc. (NFYEF) hat angekündigt, dass ihre Tochtergesellschaft New Flyer einen Auftrag von der San Francisco Municipal Transportation Agency (SFMTA) über 42 Xcelsior® 40-Fuß-Hybridbusse erhalten hat. Der Auftrag, der im Auftragsbestand von NFI für das 4. Quartal 2024 enthalten ist, erfüllt die Anforderungen des Buy America und unterstützt Arbeitsplätze in der US-Produktion.
Das Muni-System von SFMTA bedient täglich etwa 500.000 Fahrgäste mit 158 Millionen Fahrgästen im Jahr 2024 und betreibt eine vielfältige Flotte, die Hybridbusse, Trolleys, batterieelektrische Busse, Straßenbahnen, leichte Schienenfahrzeuge und Kabelbahnen umfasst. New Flyer hat in den letzten zehn Jahren über 700 Busse an SFMTA geliefert.
Die neuen hybrid-elektrischen Busse werden veraltete Fahrzeuge ersetzen und verfügen über fortschrittliche Technologien zur Verbesserung von Effizienz, Leistung und Funktionalität, während sie die Treibhausgasemissionen und den Kraftstoffverbrauch reduzieren.
- Secured major order for 42 hybrid buses from SFMTA
- Order included in Q4 2024 backlog
- Strong existing relationship with SFMTA (700+ buses delivered in past decade)
- Supports Buy America requirements, securing U.S. manufacturing presence
- None.
ST. CLOUD, Minn., March 07, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leading independent bus and coach manufacturer, subsidiary New Flyer of America Inc. (New Flyer), today announced a major order from the San Francisco Municipal Transportation Agency (SFMTA) for 42 Xcelsior® 40-foot hybrid buses. This order meets Buy America requirements supporting manufacturing jobs in the United States and is a part of NFI’s Q4 2024 backlog.
SFMTA, a critical component of San Francisco’s transportation network, manages all ground transportation within the city, including public transit, traffic management, cycling, and pedestrian infrastructure. The SFMTA Municipal Railway (Muni) operates a fleet of hybrid buses, trolleys, and battery-electric buses, as well as street cars, light rail vehicles, and cable cars. With approximately 500,000 daily boardings and a total of 158 million passenger boardings in 2024, Muni is one of the busiest and most essential transit systems in North America.
“In past the 10 years, New Flyer has delivered over 700 buses to SFMTA,” said Chris Stoddart, President, North American Bus and Coach, NFI. “By replacing aging vehicles in their fleet, these next-generation hybrid buses will integrate cutting-edge technology to maximize efficiency, power, and performance—ensuring a more reliable, sustainable, and cost-effective transit system for the people of San Francisco.”
New Flyer’s hybrid-electric buses are crucial in bridging today’s transit needs with the zero-emission future. These buses reduce greenhouse gas emissions and fuel consumption while leveraging innovative propulsion technology for improved reliability and performance.
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 over 9,100 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motorcoaches), Alexander Dennis Limited (single- and double-deck buses), Plaxton (motorcoaches), 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 100,000 buses and coaches around the world. NFI’s common shares trade on the Toronto Stock Exchange (“TSX”) under the symbol NFI and its convertible unsecured debentures trade on the TSX under the symbol NFI.DB. News and information is available at www.nfigroup.com, www.newflyer.com, www.mcicoach.com, nfi.parts, www.alexander-dennis.com, arbocsv.com, and 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.
Forward-Looking Statement
This press release may contain forward-looking statements relating to expected future events and financial and operating results of NFI that involve risks and uncertainties. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward-looking statements, and the differences may be material. Actual results may differ materially from management expectations as projected in such forward-looking statements for a variety of reasons, including market and general economic conditions and economic conditions of and funding availability for customers to purchase buses and to purchase parts or services; customers may not exercise options to purchase additional buses; the ability of customers to suspend or terminate contracts for convenience; production may be delayed or production rates may be decreased as a result of ongoing and future supply chain disruptions and shortages of parts and components, shipping and freight delays, and disruption to and shortage of labor supply; and the other risks and uncertainties discussed in the materials filed with the Canadian securities regulatory authorities and available on SEDAR at www.sedarplus.ca.
Due to the potential impact of these factors, NFI disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.
For media inquiries, please contact:
Melissa Schnee
P: 385.910.6861
Melissa_Schnee@newflyer.com
For investor inquiries, please contact:
Stephen King
P: 204.792.1300
Stephen.King@nfigroup.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4d93ce42-f3bb-4fea-a286-7cb9281c4194
FAQ
How many hybrid buses did SFMTA order from NFI (NFYEF) in March 2025?
What is SFMTA's current passenger volume according to the 2024 data?
How many buses has New Flyer delivered to SFMTA in the past 10 years?
When will the NFYEF hybrid bus order be included in the company's backlog?
