NFI GROUP INC - NFYEF STOCK NEWS

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NFI Group Inc. (NFYEF) is a leading North American bus manufacturer and a global bus solution provider. The company specializes in designing, manufacturing, and selling transit buses, motor coaches, and parts. With a strong relationship with NJ TRANSIT, NFI continues to innovate in the field of sustainable transportation, offering electric, hybrid, and clean diesel options for public transit. NFI is committed to environmental sustainability through its zero-emission transit solutions, contributing to the reduction of greenhouse gas emissions and promoting greener urban transport.

05/02/2024 04:30 PM

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NFI announces first quarter 2024 results

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NFI Group Inc. announced its first-quarter 2024 financial results, showcasing a revenue of $723 million, a record high backlog of 14,783 units valued at $11.7 billion, and a net loss of $9 million. Despite challenges like supply chain issues, the company remains optimistic about revenue growth and delivery improvements.

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04/29/2024 07:00 AM

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Boston orders 80 advanced zero-emission buses from NFI subsidiary New Flyer with options to purchase an additional 380 buses

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Boston has ordered 80 advanced zero-emission buses from NFI subsidiary New Flyer, with options for an additional 380 buses. The purchase marks a significant step in transitioning to an all-electric bus fleet for the Massachusetts Bay Transportation Authority. The contract includes a firm order for 80 Xcelsior CHARGE NG™ 40-foot battery-electric transit buses, funded by the FTA Low-No grant program. New Flyer's latest three-door design option ensures faster, more flexible boarding and an enhanced passenger experience.

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03/11/2024 06:45 AM

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NFI subsidiary New Flyer awarded two contracts from New York for up to 2,090 Xcelsior® transit buses

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New Flyer of America Inc., a subsidiary of NFI Group Inc., secures two contracts with the New York City Transit Authority for 429 Xcelsior buses with options for 1,661 more over five years. The contracts add 3,050 equivalent units to NFI's backlog, supporting NYCT's goal of transitioning to zero-emission buses by 2040.

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02/12/2024 07:40 AM

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Sound Transit orders 33 Enviro500EV battery-electric double deck buses from NFI subsidiary Alexander Dennis

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NFI Group Inc. announces a firm order for 33 zero-emission Enviro500EV buses by Sound Transit, marking the introduction of Alexander Dennis' next-generation electric bus technology to North America. The buses will serve the new Stride bus rapid transit in the Seattle metropolitan area, enhancing range and operational performance with inductive opportunity charging. NFI is a leader in zero-emission mobility with electric vehicles operating in multiple countries.

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02/09/2024 07:40 AM

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NFI presents at White House Roundtable focused on strengthening U.S. bus manufacturing and clean transit deployment

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NFI Group Inc. announces participation in a Clean Bus Manufacturing Roundtable at the White House, highlighting key recommendations and actions to support U.S. bus manufacturers. The company also discloses the release of a Dear Colleague letter by the FTA and $1.5 billion federal funding to modernize bus fleets.

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12/04/2023 07:00 AM

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NFI announces first order for Alexander Dennis double-decks from Spokane Transit, for 7 Enviro500 buses

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NFI Group Inc. (NFI) announced that its subsidiary, Alexander Dennis Limited, will supply Enviro500 double-deck buses to Spokane Transit Authority, marking the first double-deck transit buses in Spokane, Washington. The buses will serve the Cheney service, with a combined average weekday ridership of 1,900 daily boardings, and are expected to be delivered in 2025. The order reflects NFI's leadership in electric mass mobility solutions and its commitment to zero-emission mobility.

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11/30/2023 07:00 AM

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NFI subsidiary Alexander Dennis confirms Stagecoach as launch customer for Enviro100EV zero-emission bus with 20-unit order

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NFI Group Inc. (NFI) confirmed Stagecoach as the launch customer for its Enviro100EV small zero-emission bus, supported by the ScotZEB fund. The bus, powered by Voith Electrical Drive System, has a range of up to 285 miles and features a future-proof battery system. Stagecoach's Chief Operating Officer, Sam Greer, and Alexander Dennis President & Managing Director, Paul Davies, expressed their excitement for the partnership.

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10/18/2023 07:00 AM

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NFI recaps strong showing at APTA TRANSform Conference and EXPO; announces eligibility for U.S. Commercial Clean Vehicle Credit

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NFI Group Inc. recaps a successful week at the APTA TRANSform Conference and EXPO, showcasing its mobility solutions ecosystem and market-leading vehicle lineup.

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10/05/2023 07:00 AM

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NFI announces significant order for up to 210 high-performance New Flyer Xcelsior® buses for Houston’s METRO

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NFI subsidiary New Flyer has been awarded a two-year contract from Houston METRO for 160 clean-diesel transit buses with options for 50 more. This will add up to 210 buses to NFI's backlog in Q3 2023.

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10/04/2023 07:00 AM

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NFI announces battery pack supply agreement with American Battery Systems, increasing the resiliency of NFI’s North American battery supply chain

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NFI Group Inc. announces partnership with American Battery Solutions (ABS) for supply of custom battery packs to power NFI's battery-electric transit buses and coaches in North America. ABS will act as a second battery supplier to NFI, supporting their battery-electric production ramp-up planned for 2024 and 2025. NFI's battery and fuel cell-electric buses and coaches have collectively travelled over 120 million electric service miles globally.

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FAQ

What is the current stock price of NFI GROUP (NFYEF)?

The current stock price of NFI GROUP (NFYEF) is $10.45 as of November 22, 2024.

What is the market cap of NFI GROUP (NFYEF)?

The market cap of NFI GROUP (NFYEF) is approximately 1.3B.

What does NFI Group Inc. specialize in?

NFI Group Inc. specializes in designing, manufacturing, and selling transit buses, motor coaches, and parts.

What type of transit solutions does NFI offer?

NFI offers electric, hybrid, and clean diesel options for public transit, focusing on sustainable and zero-emission solutions.

Who is NJ TRANSIT and how does NFI collaborate with them?

NJ TRANSIT is a transportation corporation operating buses, commuter rail, and light rail services in New Jersey. NFI has a strong relationship with NJ TRANSIT, providing them with MCI coaches and New Flyer heavy-duty transit buses.

How does NFI contribute to environmental sustainability?

NFI contributes to environmental sustainability through its zero-emission transit solutions, which help reduce greenhouse gas emissions and promote greener urban transport.

What is the core focus of NFI's business operations?

The core focus of NFI's business operations is to provide innovative and sustainable transit solutions that meet the evolving needs of urban transportation.

What sets NFI Group Inc. apart from its competitors?

NFI stands out from its competitors by offering a wide range of transit options, including electric, hybrid, and clean diesel buses, demonstrating its commitment to environmental sustainability.

How does NFI Group Inc. drive innovation in the bus manufacturing industry?

NFI Group Inc. drives innovation in the bus manufacturing industry by constantly developing and introducing new technologies and sustainable solutions to improve urban transit.

What are some of the recent achievements of NFI Group Inc.?

Some of the recent achievements of NFI Group Inc. include building a strong relationship with NJ TRANSIT, offering a variety of zero-emission transit solutions, and promoting environmental sustainability.

Where can I find more information about NFI Group Inc.'s products and services?

For more information about NFI Group Inc.'s products and services, visit their official website or contact their customer service for assistance.

How is NFI Group Inc. contributing to the reduction of greenhouse gas emissions?

NFI Group Inc. is contributing to the reduction of greenhouse gas emissions by providing zero-emission transit solutions that help minimize the environmental impact of urban transportation.

What is NFI Group Inc.'s vision for the future of urban transit?

NFI Group Inc.'s vision for the future of urban transit is to continue innovating and developing sustainable solutions that support greener, more efficient public transportation systems.