NFI subsidiary New Flyer awarded 46 bus order from Las Vegas RTC
NFI Group (OTC:NFYEF) announced that its subsidiary New Flyer has received a firm order from the Regional Transportation Commission of Southern Nevada (RTC) for 46 Xcelsior® CNG 40-foot transit buses. The order, supported by Federal Transit Administration funds, is part of a larger contract for up to 129 buses added to New Flyer's backlog in Q1 2025.
The Xcelsior CNG buses will deliver 90% lower nitrogen oxide emissions compared to diesel engines and meet particulate matter requirements without filtration. This order builds on NFI's 30-year partnership with RTC, whose fleet exclusively comprises NFI Group vehicles, including ARBOC and Alexander Dennis buses, serving Clark County's population of over 2.3 million.
NFI Group (OTC:NFYEF) ha annunciato che la sua controllata New Flyer ha ricevuto un ordine fermo dalla Regional Transportation Commission of Southern Nevada (RTC) per 46 autobus da 40 piedi Xcelsior® CNG a metano compresso. L'ordine, supportato da fondi della Federal Transit Administration, fa parte di un contratto più ampio per un massimo di 129 autobus, che saranno aggiunti al backlog di New Flyer nel primo trimestre del 2025.
Gli autobus Xcelsior CNG garantiranno una riduzione del 90% delle emissioni di ossidi di azoto rispetto ai motori diesel e soddisferanno i requisiti sulle particelle senza necessità di filtri. Questo ordine rafforza la partnership trentennale di NFI con la RTC, la cui flotta è composta esclusivamente da veicoli NFI Group, inclusi autobus ARBOC e Alexander Dennis, che servono la popolazione di oltre 2,3 milioni di abitanti della contea di Clark.
NFI Group (OTC:NFYEF) anunció que su subsidiaria New Flyer ha recibido un pedido firme de la Comisión Regional de Transporte del Sur de Nevada (RTC) por 46 autobuses de tránsito Xcelsior® CNG de 40 pies. El pedido, respaldado por fondos de la Administración Federal de Tránsito, forma parte de un contrato más amplio para hasta 129 autobuses que se añadirán al backlog de New Flyer en el primer trimestre de 2025.
Los autobuses Xcelsior CNG ofrecerán una reducción del 90% en las emisiones de óxidos de nitrógeno en comparación con motores diésel y cumplirán con los requisitos de partículas sin necesidad de filtración. Este pedido fortalece la asociación de 30 años de NFI con RTC, cuya flota está compuesta exclusivamente por vehículos de NFI Group, incluidos los autobuses ARBOC y Alexander Dennis, que sirven a la población de más de 2.3 millones del condado de Clark.
NFI 그룹(OTC:NFYEF)의 자회사 뉴 플라이어(New Flyer)가 남부 네바다 지역 교통 위원회(RTC)로부터 46대의 40피트 Xcelsior® CNG 천연가스 버스에 대한 확정 주문을 받았다고 발표했습니다. 이 주문은 연방 교통국(Federal Transit Administration) 자금 지원을 받았으며, 2025년 1분기에 뉴 플라이어의 수주 잔고에 추가될 최대 129대 버스에 대한 대규모 계약의 일부입니다.
Xcelsior CNG 버스는 디젤 엔진 대비 질소산화물 배출량을 90% 감소시키며, 여과 장치 없이 입자 물질 기준을 충족합니다. 이번 주문은 NFI가 30년간 RTC와 맺어온 파트너십을 기반으로 하며, RTC의 차량 대수는 ARBOC 및 Alexander Dennis 버스를 포함한 NFI 그룹 차량으로만 구성되어 있으며, 클라크 카운티의 230만 명 이상의 인구를 지원하고 있습니다.
NFI Group (OTC:NFYEF) a annoncé que sa filiale New Flyer a reçu une commande ferme de la Regional Transportation Commission of Southern Nevada (RTC) pour 46 bus de transit Xcelsior® CNG de 40 pieds. Cette commande, soutenue par des fonds de la Federal Transit Administration, fait partie d'un contrat plus large portant sur jusqu'à 129 bus ajoutés au carnet de commandes de New Flyer au premier trimestre 2025.
Les bus Xcelsior CNG offriront une réduction de 90 % des émissions d'oxydes d'azote par rapport aux moteurs diesel et répondront aux exigences en matière de particules sans filtration. Cette commande renforce le partenariat de 30 ans entre NFI et la RTC, dont la flotte est exclusivement composée de véhicules du groupe NFI, y compris les bus ARBOC et Alexander Dennis, desservant la population de plus de 2,3 millions d'habitants du comté de Clark.
NFI Group (OTC:NFYEF) gab bekannt, dass seine Tochtergesellschaft New Flyer einen festen Auftrag von der Regional Transportation Commission of Southern Nevada (RTC) über 46 Xcelsior® CNG 40-Fuß-Stadtbusse erhalten hat. Der Auftrag, der durch Mittel der Federal Transit Administration unterstützt wird, ist Teil eines größeren Vertrags über bis zu 129 Busse, die im ersten Quartal 2025 in den Auftragsbestand von New Flyer aufgenommen werden.
Die Xcelsior CNG-Busse werden 90 % weniger Stickoxid-Emissionen im Vergleich zu Dieselmotoren ausstoßen und erfüllen die Anforderungen an Partikel ohne Filterung. Dieser Auftrag baut auf der 30-jährigen Partnerschaft von NFI mit der RTC auf, deren Flotte ausschließlich aus Fahrzeugen der NFI Group besteht, darunter ARBOC- und Alexander Dennis-Busse, die die über 2,3 Millionen Einwohner des Clark County bedienen.
- Order for 46 CNG buses strengthens backlog and revenue visibility
- 30-year relationship with RTC demonstrates strong customer loyalty
- Buses offer 90% reduction in nitrogen oxide emissions compared to diesel
- Exclusive supplier status for RTC's entire fleet
- None.
New Flyer further enhances RTC’s fleet, exclusively comprised of NFI’s advanced vehicles
ST. CLOUD, Minn., July 31, 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 a firm award from the Regional Transportation Commission of Southern Nevada (RTC) for 46 Xcelsior® CNG 40-foot transit buses.
The purchase was supported by Federal Transit Administration funds and comes from options included in a contract which were added to New Flyer’s backlog in the first quarter of 2025 for up to 129 Xcelsior® CNG 40-foot transit buses. The Xcelsior CNG buses in this order emit
“New Flyer takes great pride in our 30-year history of excellence with RTC and looks forward to continuing this partnership in the years ahead,” said Chris Stoddart, President, North American Bus and Coach, NFI. “RTC’s current fleet consists entirely of NFI Group buses, operating ARBOC and Alexander Dennis buses in addition to New Flyer, which reaffirms the value our vehicles deliver for the agency and the citizens of Southern Nevada every day.”
RTC is responsible for the oversight and expansion of transit, roadways, traffic management, transportation design, construction projects, and regional planning efforts in Southern Nevada through the Southern Nevada Strong Regional Plan. RTC Transit is a subsidiary of RTC that provides services in and around Clark County, Nevada, which has a population of more than 2.3 million people and includes the cities of Las Vegas, Henderson, and Boulder City.
Today, NFI supports growing North American cities 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 540 interactive events, welcoming 11,600 industry professionals for EV and infrastructure training.
About NFI
Leveraging 450 years of combined experience, NFI offers a wide range of propulsion agnostic bus and coach platforms, including market leading electric models. Through its low- and 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 nearly 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 (referring to propulsion systems that do not utilize internal combustion engines, such as 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 (including as a result of tariffs and other trade measures) and economic conditions of and funding availability for customers to purchase buses and to purchase parts or services (including as a result of recent U.S. policy developments); 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/6449bb73-0ddb-4f31-91bf-af3a446b273d
FAQ
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