NFI GROUP INC - NFYEF STOCK NEWS

Miami-Dade Transit (MDT) has awarded New Flyer with a firm order for 100 zero-emission, battery-electric buses. The order also includes chargers and power cabinets to support ZEB deployment in Miami County. The buses will be equipped with long-range batteries and will operate on the South Dade TransitWay BRT corridor. This order aligns with MDT's Resilient305 Strategy and Miami-Dade County's Climate Action Strategy.

NFI Group Inc. (NFYEF), a leader in zero-emission mass mobility, announced that Vice President Kamala Harris will visit its St. Cloud, Minnesota facility on February 9, 2023. This visit aims to highlight the Biden-Harris Administration's commitment to zero-emission public transportation, which supports job creation and skills development. NFI, which operates New Flyer, provides advanced zero-emission buses to numerous North American transit agencies. The company has seen increased demand due to the Infrastructure Investment and Jobs Act. The St. Cloud facility employs over 685 members and houses the innovative Xcelsior CHARGE NG electric bus.

NFI Group Inc. announced that the Regional Transportation Commission of Southern Nevada has exercised options for 24 Xcelsior CNG 60-foot buses, equating to 48 equivalent units, derived from its backlog in Q4 2022. This is part of a five-year contract initially set in 2021 for up to 130 buses, supported by funding from the Federal Transit Administration. RTC oversees public transport in a region with over 64 million annual rides. New Flyer's CNG buses are noted for their significant reduction in nitrogen oxide emissions, promoting cleaner air and sustainable transit solutions.

NFI Group Inc. (OTC: NFYEF) announced a new order from Central Ohio Transit Authority for 14 battery-electric Xcelsior CHARGE NG buses, enhancing its zero-emission fleet. This order follows a prior purchase of eight buses in May 2022. The transition is supported by Federal Transit Administration funds, aiming for a fully zero-emission fleet by 2035. NFI will also supply 20 ABB chargers to facilitate deployment. With over 186 buses delivered to COTA since 2001, NFI's innovations aim to deliver significant environmental benefits, with each bus expected to avoid 135 metric tons of greenhouse gas emissions annually.

NFI Group Inc. (OTC: NFYEF) has announced that the Capital Metro Transportation Authority (CapMetro) will purchase 30 Heliox 180 kWh depot chargers and 90 pantograph dispensers. This order is part of CapMetro's five-year contract for up to 171 battery-electric buses and 427 chargers. The chargers will facilitate CapMetro's transition to a zero-emission bus fleet, contributing to Project Connect, aimed at enhancing public transportation in Central Texas. NFI has supplied over 360 vehicles to CapMetro since 1997, reinforcing its commitment to sustainable mobility solutions.