Welcome to our dedicated page for Nfi Group news (Ticker: NFYEF), a resource for investors and traders seeking the latest updates and insights on Nfi Group stock.
NFI Group Inc (NFYEF) drives innovation in sustainable mass transit as a leading manufacturer of electric and hydrogen-powered buses. This news hub provides investors and industry professionals with timely updates on the company’s technological advancements, strategic partnerships, and market developments.
Access comprehensive coverage of NFI Group’s milestones, including product launches, financial results, and supply agreements with key partners like Ballard Power Systems. Our curated news collection simplifies tracking the company’s progress in zero-emission transportation solutions.
Explore updates across core areas: fuel cell technology integrations, new vehicle deployments, regulatory compliance developments, and strategic expansions. Each update is verified for accuracy to support informed decision-making.
Bookmark this page for streamlined access to NFI Group’s evolving role in shaping eco-friendly public transportation. Check back regularly for authoritative reporting on innovations transforming urban mobility landscape.
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.
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