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NFI Group Secures Major Contract for Zero-Emission Buses

NFI Group Secures Major Contract for Zero-Emission Buses

NFI Group Partners with OCTA for Eco-Friendly Transit Solutions

NFI Group Inc., a recognized leader in the manufacturing of buses and coaches, has recently announced a significant contract with the Orange County Transportation Authority (OCTA). This partnership highlights NFI's commitment to sustainable mass transit solutions, emphasizing the growing demand for environmentally friendly public transportation.

Contract Details and Specifications

The OCTA has commissioned a total of 50 zero-emission buses from NFI's subsidiary, New Flyer of America Inc. This includes 40 units of Xcelsior CHARGE FC™—40-foot hydrogen fuel cell-electric buses—and 10 Xcelsior CHARGE NG™—40-foot battery-electric buses. This order is an addition to NFI's Q4 backlog for the current year and is bolstered by a combination of Federal Transit Administration funding and local resources.

OCTA’s Role in Transportation Innovation

The Orange County Transportation Authority serves a crucial role in the transportation needs of over 3.2 million residents spanning 34 cities. By managing the area's vital transportation infrastructure, OCTA facilitates over 33 million passenger trips annually, ensuring safe and reliable transit across Orange County.

Commitment to Sustainable Practices

The authority has embarked on initiatives since 2020 aimed at promoting cleaner transportation options. Their hydrogen fuel cell-electric pilot program, alongside a battery-electric initiative started in 2022, showcases their commitment to innovative transit solutions powered by New Flyer buses. One of the notable developments is the establishment of the largest hydrogen fueling station for transit buses in the U.S., clearly demonstrating their dedication to advancing technology in public transport.

Statements from NFI Leadership

Chris Stoddart, President of North American Bus and Coach at NFI, expressed that OCTA's investment in high-performance transportation is a significant milestone for both the region and the U.S. bus manufacturing arena. He noted, "Our long-standing relationship, spanning nearly 35 years, underscores New Flyer’s reliability in delivering cost-effective and sustainable transit solutions that foster economic growth and energy efficiency in communities such as Orange County."

Proven Impact of NFI’s Technology

NFI’s advancements in technology are not only promising but have demonstrated significant results in urban areas prioritizing responsible and innovative investments in transit. Currently, NFI holds a leading position in the clean transportation sector, with zero-emission vehicles in operation or on order in over 150 cities across six countries. Collectively, these vehicles have completed over 220 million electric vehicle miles, reflecting their pivotal role in advancing sustainable mass transit.

About NFI Group Inc.

NFI holds a unique position in the transportation industry, leveraging a wealth of experience, which totals over 450 years. They are at the forefront of electrifying mass mobility, offering a wide variety of zero-emission vehicles and technologies that fulfill the growing urban needs for smart, clean transit solutions. With a workforce surpassing 9,100 personnel across ten countries, NFI manufactures transit solutions under several brands, including New Flyer, MCI, and Alexander Dennis.

Diverse Range of Sustainable Solutions

NFI's extensive line of sustainable drive systems includes options such as zero-emission electric, natural gas, hybrid electric, and clean diesel. This diversity allows them to support a vast network of over 100,000 buses and coaches globally, making them a crucial partner for communities looking to transition toward greener transportation options.

Contact Details for Inquiries

For media inquiries, individuals can reach out to Melissa Schnee at 385.910.6861 or via email at Melissa_Schnee@newflyer.com. For queries related to investment, Stephen King can be contacted at 204.792.1300 or via email at Stephen.King@nfigroup.com.

Frequently Asked Questions

What type of buses has NFI recently contracted with OCTA?

NFI has contracted to supply 50 zero-emission buses, which include hydrogen fuel cell-electric and battery-electric buses.

How does the contract support environmental goals?

This contract promotes the adoption of clean energy technologies in public transit, aligning with environmental sustainability targets.

What is the role of OCTA in the advancements of public transport?

OCTA facilitates public transportation for millions of residents and has initiated programs to enhance the operational efficiency of transit through cleaner technologies.

How many years has NFI been partnering with OCTA?

NFI has maintained a partnership with OCTA for nearly 35 years, focused on delivering advanced transit solutions.

What additional technologies does NFI offer aside from buses?

NFI also develops infrastructure solutions for charging and mobility, ensuring safe and reliable transit operations.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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