NFI subsidiary New Flyer secures two Maryland Transit Administration orders for a total of 117 low- and zero-emission Xcelsior® buses
NFI Group Inc. (NFYEF) has secured new orders through its subsidiary New Flyer for 117 buses from the Maryland Transit Administration. The orders include:
- 87 Xcelsior 40-foot hybrid-electric buses
- 20 Xcelsior CHARGE NG 40-foot battery-electric buses
- 10 Xcelsior CHARGE NG 60-foot battery-electric buses
These orders, totaling 127 equivalent units (EUs), were awarded across Q4 2024 and Q1 2025. The Maryland Transit Authority, which provides over 75 million passenger trips annually in the Baltimore region, has received more than 1,200 buses from NFI over the past 30 years. The new fleet combines hybrid and battery-electric technologies, offering emission reduction benefits and operational efficiency through parts commonality across the Xcelsior platform.
NFI Group Inc. (NFYEF) ha ottenuto nuovi ordini tramite la sua filiale New Flyer per 117 autobus dall'Amministrazione dei Trasporti del Maryland. Gli ordini comprendono:
- 87 autobus ibridi-elettrici Xcelsior da 40 piedi
- 20 autobus elettrici a batteria Xcelsior CHARGE NG da 40 piedi
- 10 autobus elettrici a batteria Xcelsior CHARGE NG da 60 piedi
Questi ordini, per un totale di 127 unità equivalenti (EU), sono stati assegnati nel quarto trimestre del 2024 e nel primo trimestre del 2025. L'Autorità dei Trasporti del Maryland, che fornisce oltre 75 milioni di viaggi passeggeri all'anno nella regione di Baltimora, ha ricevuto più di 1.200 autobus da NFI negli ultimi 30 anni. La nuova flotta combina tecnologie ibride ed elettriche a batteria, offrendo vantaggi in termini di riduzione delle emissioni ed efficienza operativa grazie alla comune compatibilità dei componenti sulla piattaforma Xcelsior.
NFI Group Inc. (NFYEF) ha asegurado nuevos pedidos a través de su subsidiaria New Flyer para 117 autobuses de la Administración de Tránsito de Maryland. Los pedidos incluyen:
- 87 autobuses híbridos-eléctricos Xcelsior de 40 pies
- 20 autobuses eléctricos de batería Xcelsior CHARGE NG de 40 pies
- 10 autobuses eléctricos de batería Xcelsior CHARGE NG de 60 pies
Estos pedidos, que suman un total de 127 unidades equivalentes (EU), se otorgaron entre el cuarto trimestre de 2024 y el primer trimestre de 2025. La Autoridad de Tránsito de Maryland, que proporciona más de 75 millones de viajes de pasajeros anualmente en la región de Baltimore, ha recibido más de 1,200 autobuses de NFI en los últimos 30 años. La nueva flota combina tecnologías híbridas y eléctricas a batería, ofreciendo beneficios de reducción de emisiones y eficiencia operativa a través de la compatibilidad de piezas en la plataforma Xcelsior.
NFI Group Inc. (NFYEF)는 자회사 New Flyer를 통해 메릴랜드 교통청으로부터 117대의 버스를 위한 새로운 주문을 확보했습니다. 주문 내용은 다음과 같습니다:
- 87대의 40피트 하이브리드 전기버스 Xcelsior
- 20대의 40피트 배터리 전기버스 Xcelsior CHARGE NG
- 10대의 60피트 배터리 전기버스 Xcelsior CHARGE NG
이 주문은 총 127개의 동등 단위(EU)에 해당하며, 2024년 4분기와 2025년 1분기에 걸쳐 수여되었습니다. 메릴랜드 교통청은 볼티모어 지역에서 매년 7,500만 건 이상의 승객 여행을 제공하며, 지난 30년 동안 NFI로부터 1,200대 이상의 버스를 수령했습니다. 새로운 차량은 하이브리드 및 배터리 전기 기술을 결합하여, Xcelsior 플랫폼 전반에 걸쳐 부품의 공통성을 통해 배출가스 감소 및 운영 효율성의 이점을 제공합니다.
NFI Group Inc. (NFYEF) a obtenu de nouvelles commandes par l'intermédiaire de sa filiale New Flyer pour 117 bus de l'Administration des Transports du Maryland. Les commandes comprennent :
- 87 bus hybrides électriques Xcelsior de 40 pieds
- 20 bus électriques à batterie Xcelsior CHARGE NG de 40 pieds
- 10 bus électriques à batterie Xcelsior CHARGE NG de 60 pieds
Ces commandes, totalisant 127 unités équivalentes (EU), ont été attribuées au cours du quatrième trimestre 2024 et du premier trimestre 2025. L'Autorité des Transports du Maryland, qui réalise plus de 75 millions de trajets de passagers par an dans la région de Baltimore, a reçu plus de 1 200 bus de NFI au cours des 30 dernières années. La nouvelle flotte combine des technologies hybrides et électriques à batterie, offrant des avantages en matière de réduction des émissions et d'efficacité opérationnelle grâce à la compatibilité des pièces sur la plateforme Xcelsior.
NFI Group Inc. (NFYEF) hat über ihre Tochtergesellschaft New Flyer neue Aufträge über 117 Busse von der Maryland Transit Administration gesichert. Die Aufträge umfassen:
- 87 Xcelsior 40-Fuß Hybrid-Elektrobusse
- 20 Xcelsior CHARGE NG 40-Fuß Batterie-Elektrobusse
- 10 Xcelsior CHARGE NG 60-Fuß Batterie-Elektrobusse
Diese Aufträge, die insgesamt 127 gleichwertige Einheiten (EUs) umfassen, wurden im vierten Quartal 2024 und im ersten Quartal 2025 vergeben. Die Maryland Transit Authority, die jährlich über 75 Millionen Passagierfahrten in der Region Baltimore anbietet, hat in den letzten 30 Jahren über 1.200 Busse von NFI erhalten. Die neue Flotte kombiniert Hybrid- und batterieelektrische Technologien und bietet Vorteile bei der Emissionsreduzierung sowie betriebliche Effizienz durch die gemeinsame Nutzung von Bauteilen auf der Xcelsior-Plattform.
- Secured large order for 117 buses (127 EUs) from major transit authority
- Demonstrates continued strong relationship with Maryland Transit Administration
- Order includes both hybrid and zero-emission vehicles, showing product diversity
- Parts commonality across fleet models reduces maintenance costs and improves efficiency
- None.
ST. CLOUD, Minn., March 17, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion agnostic bus and coach mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), today announced new firm orders from the Maryland Transit Administration (the agency) for a total of 117 buses (127 equivalent units or EUs). These awards consist of:
- 50 Xcelsior® 40-foot hybrid-electric buses (50 EUs) and 20 Xcelsior CHARGE NG™ 40-foot battery-electric buses (20 EUs) awarded in the fourth quarter of 2024.
- An additional 37 Xcelsior 40-foot hybrid-electric buses (37 EUs), and 10 Xcelsior CHARGE NG 60-foot battery-electric buses (20 EUs) awarded in the first quarter of 2025.
The combination of orders further solidifies New Flyer’s role in delivering sustainable, high-performance transit solutions to one of the nation’s leading transit agencies.
“NFI and its subsidiaries have delivered over 1,200 buses to the agency over the past 30 years,” said Chris Stoddart, President, North American Bus and Coach, NFI. “The combination of hybrid and battery-electric buses offers a seamless implementation process, an opportunity to significantly reduce emissions in the short term, and a scalable pathway to achieving their sustainability goals. Additionally, all models are built on our proven Xcelsior platform and feature a high degree of commonality in parts and service operations, ensuring efficiency and reliability across their fleet.”
The Maryland Transit Authority plays a critical role in operating a range of transportation services in the metropolitan Baltimore region while also directing funding and providing statewide support to locally operated transit systems across Maryland. Through its local bus services (CityLink, LocalLink, QuickLink, and Express BusLink) the agency delivers more than 75 million passenger trips annually, serving as a cornerstone of Maryland's transit infrastructure.
NFI is a leader in zero-emission mobility, with electric vehicles operating (or on order) in more than 150 cities in six countries. NFI offers the widest range of zero-emission battery and fuel cell-electric buses and coaches, and its vehicles have completed over 240 million EV service miles.
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 9,000 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
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/35a91aa3-e2e3-407e-93e8-bac2aadfd5e0
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