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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.
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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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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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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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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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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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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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NFI Group Inc. announces Capital Metro's option for 26 zero-emission battery-electric buses
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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.
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FAQ
What is the current stock price of Nfi Group (NFYEF)?
The current stock price of Nfi Group (NFYEF) is $7.89 as of February 20, 2025.
What is the market cap of Nfi Group (NFYEF)?
The market cap of Nfi Group (NFYEF) is approximately 1.0B.
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.
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