Washington Metropolitan Area Transit Authority awards contract to NFI subsidiary New Flyer for up to 500 low- and zero-emission Xcelsior® buses
NFI Group's subsidiary New Flyer has secured a significant contract with the Washington Metropolitan Area Transit Authority (Metro) for up to 500 Xcelsior buses. The initial firm order includes 75 hybrid-electric 40-foot transit buses and 25 Xcelsior CHARGE NG™ 35-foot battery-electric buses, with options for 400 additional buses.
Metro serves over six million people across the National Capital Region, operating a 1,500-bus fleet 24/7. The contract features flexible pricing and delivery timelines to address potential supply chain challenges. This builds on a 30-year partnership between New Flyer and Metro.
NFI maintains a strong presence in zero-emission mobility, with electric vehicles operating or ordered in more than 150 cities across six countries. Their vehicles have completed over 220 million EV service miles, and the company operates the Vehicle Innovation Center, which has hosted over 470 interactive events and trained 10,600 industry professionals.
La sussidiaria di NFI Group, New Flyer, ha ottenuto un contratto significativo con la Washington Metropolitan Area Transit Authority (Metro) per un massimo di 500 autobus Xcelsior. L'ordine iniziale comprende 75 autobus ibridi-elettrici da 40 piedi e 25 autobus a batteria-elettrica Xcelsior CHARGE NG™ da 35 piedi, con l'opzione di ulteriori 400 autobus.
Metro serve oltre sei milioni di persone nella National Capital Region, gestendo una flotta di 1.500 autobus 24 ore su 24, 7 giorni su 7. Il contratto prevede prezzi flessibili e tempistiche di consegna per affrontare le potenziali sfide della catena di approvvigionamento. Questo espande una partnership trentennale tra New Flyer e Metro.
NFI mantiene una forte presenza nella mobilità a zero emissioni, con veicoli elettrici operanti o ordinati in oltre 150 città in sei paesi. I loro veicoli hanno completato oltre 220 milioni di miglia di servizio EV, e l'azienda gestisce il Vehicle Innovation Center, che ha ospitato oltre 470 eventi interattivi e formato 10.600 professionisti del settore.
La subsidiaria de NFI Group, New Flyer, ha asegurado un contrato significativo con la Autoridad de Tránsito del Área Metropolitana de Washington (Metro) para hasta 500 autobuses Xcelsior. El pedido inicial incluye 75 autobuses híbridos-eléctricos de 40 pies y 25 autobuses eléctricos a batería Xcelsior CHARGE NG™ de 35 pies, con opciones para 400 autobuses adicionales.
Metro sirve a más de seis millones de personas en la Región de la Capital Nacional, operando una flota de 1,500 autobuses las 24 horas, los 7 días de la semana. El contrato presenta precios flexibles y plazos de entrega para abordar posibles desafíos de la cadena de suministro. Esto se basa en una asociación de 30 años entre New Flyer y Metro.
NFI mantiene una fuerte presencia en la movilidad sin emisiones, con vehículos eléctricos en operación u ordenados en más de 150 ciudades en seis países. Sus vehículos han completado más de 220 millones de millas de servicio EV, y la empresa opera el Vehicle Innovation Center, que ha albergado más de 470 eventos interactivos y capacitado a 10,600 profesionales de la industria.
NFI 그룹의 자회사인 New Flyer가 워싱턴 메트로폴리탄 지역 교통 공사(Metro)와 최대 500대의 Xcelsior 버스에 대한 중요한 계약을 체결했습니다. 초기 확정 주문에는 75대의 하이브리드 전기 40피트 대중교통 버스와 25대의 Xcelsior CHARGE NG™ 35피트 배터리 전기 버스가 포함되며, 추가로 400대에 대한 옵션이 있습니다.
Metro는 내셔널 캐피탈 리전에서 600만 명 이상의 사람들에게 서비스를 제공하며, 1,500대의 버스 플릿을 24시간 운영합니다. 이 계약은 잠재적인 공급망 문제를 해결하기 위해 유연한 가격 및 배송 일정을 특징으로 합니다. 이는 New Flyer와 Metro 간의 30년 파트너십을 기반으로 합니다.
NFI는 6개국의 150개 이상의 도시에서 운영 중이거나 주문된 전기차를 통해 제로배출 이동성에서 강력한 입지를 유지하고 있습니다. 이들의 차량은 2억 2천만 마일 이상의 EV 서비스 주행을 완료했으며, 회사는 470개 이상의 대화형 이벤트를 주최하고 10,600명의 업계 전문가를 교육한 차량 혁신 센터를 운영하고 있습니다.
La filiale de NFI Group, New Flyer, a remporté un contrat significatif avec l'Autorité de transport de la région métropolitaine de Washington (Metro) pour jusqu'à 500 bus Xcelsior. La commande ferme initiale comprend 75 bus hybrides-électriques de 40 pieds et 25 bus à batterie-électrique Xcelsior CHARGE NG™ de 35 pieds, avec des options pour 400 bus supplémentaires.
Metro dessert plus de six millions de personnes dans la région de la capitale nationale, exploitant une flotte de 1 500 bus 24h/24 et 7j/7. Le contrat comporte des prix flexibles et des délais de livraison pour faire face aux défis potentiels de la chaîne d'approvisionnement. Cela s'inscrit dans une partenariat de 30 ans entre New Flyer et Metro.
NFI maintient une forte présence dans la mobilité sans émissions, avec des véhicules électriques en service ou commandés dans plus de 150 villes dans six pays. Leurs véhicules ont parcouru plus de 220 millions de miles de service EV, et l'entreprise gère le Vehicle Innovation Center, qui a accueilli plus de 470 événements interactifs et formé 10 600 professionnels de l'industrie.
Die Tochtergesellschaft von NFI Group, New Flyer, hat einen bedeutenden Vertrag mit der Washington Metropolitan Area Transit Authority (Metro) über bis zu 500 Xcelsior-Busse gesichert. Die anfängliche feste Bestellung umfasst 75 Hybrid-Elektro-40-Fuß-Stadtbusse und 25 Xcelsior CHARGE NG™ 35-Fuß-Batteriebusse, mit Optionen für 400 zusätzliche Busse.
Metro bedient über sechs Millionen Menschen in der National Capital Region und betreibt eine Flotte von 1.500 Bussen rund um die Uhr. Der Vertrag bietet flexible Preis- und Lieferfristen, um potenziellen Herausforderungen in der Lieferkette zu begegnen. Dies baut auf einer 30-jährigen Partnerschaft zwischen New Flyer und Metro auf.
NFI hat eine starke Präsenz im Bereich der emissionsfreien Mobilität, mit Elektrofahrzeugen, die in mehr als 150 Städten in sechs Ländern betrieben oder bestellt werden. Ihre Fahrzeuge haben über 220 Millionen EV-Service-Meilen zurückgelegt, und das Unternehmen betreibt das Vehicle Innovation Center, das mehr als 470 interaktive Veranstaltungen ausgerichtet und 10.600 Fachleute geschult hat.
- Secured major contract for up to 500 buses with Metro
- Firm order of 100 buses (75 hybrid-electric and 25 battery-electric) with options for 400 more
- Contract includes flexible pricing and delivery terms to manage supply chain risks
- Strengthens existing 30-year relationship with major transit authority
- None.
ST. CLOUD, Minn., Feb. 06, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leading independent bus and coach manufacturer and a leader in zero-emission electric mass mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), today announced a significant contract award for a mix of zero-emission (ZEBs) and hybrid buses with the Washington Metropolitan Area Transit Authority (Metro).
The contract encompasses up to 500 buses, adding to New Flyer’s robust fourth-quarter 2024 backlog. This includes a firm order for 75 Xcelsior® hybrid-electric 40-foot transit buses and 25 Xcelsior CHARGE NG™ 35-foot battery-electric buses, and options for up to 400 additional buses.
Metro provides Metrorail and Metrobus transit services for more than six million people across the National Capital Region, which includes the District of Columbia, Maryland, and Virginia. Metrobus operates a fleet of 1,500 buses and provides services 24 hours a day, seven days a week.
“New Flyer and Metro have enjoyed working together for thirty years,” said Chris Stoddart, President of North American Bus and Coach, NFI. “This new contract for the latest bus technology embraces healthy contracting measures and is paving the way for long-term benefits for both Metro and New Flyer. By striking a balance between bonding and payment schedules, it offers flexibility in pricing and delivery timelines to mitigate potential supply chain disruptions or other challenges.”
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 220 million EV service miles.
Today, NFI supports growing North American cities with scalable, clean, and sustainable mobility solutions through its mobility solution ecosystem, which includes buses and coaches; infrastructure; parts and service; technology; workforce development and training; and vehicle financing. NFI also operates the Vehicle Innovation Center (VIC), the first and only innovation lab of its kind dedicated to advancing bus and coach technology and providing workforce development. Since opening in late 2017, the VIC has hosted over 470 interactive events, welcoming 10,600 industry professionals for EV and infrastructure training.
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/fc7e1717-6478-4953-8070-2080b00d88ef
FAQ
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