12 Nov 2024

NFI subsidiary MCI ships its first electric coach out of Pembina, North Dakota

Pembina, North Dakota, USA – November 12, 2024: (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 Motor Coach Industries (MCI), today announced it has shipped the first of nine battery-electric coaches built by its Pembina, North Dakota facility. The production of electric coaches is a major milestone f...
06 Nov 2024

NFI announces third quarter 2024 results

Record backlog of $12 billion with significant year-over-year improvement in gross margin and Adjusted EBITDA2 All figures quoted in U.S. dollars unless otherwise noted. Comparisons are to 2023 Q3 results: 2024 Q3 revenue of $711 million; 994 equivalent units ("EUs") delivered, with 243 EUs, or 24% of total deliveries being battery- and fuel cell-electric buses ("ZEBs"). Total gross margin of 12.2%, with Manufacturing gross margin of 7.5% compa...
04 Nov 2024

NFI’s raises a record contribution of over $450,000 through annual United Way campaign

NFI and its subsidiaries have raised over $4.35 million for United Way agencies in North America since 2009 Winnipeg, Manitoba, Canada – November 4, 2024: (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, today announced that its annual United Way Workplace Campaign raised $451,597 – continuing NFI’s commitment to...
25 Oct 2024

NFI subsidiary New Flyer expands Winnipeg capability for all Canadian build of Xcelsior® Heavy-Duty Transit buses with funding support from the Government of Manitoba and PrairiesCan

Announcement includes planned expansion of New Flyer’s production capacity and zero-emission bus offering WINNIPEG, Manitoba, Oct. 25, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary New Flyer Industries Canada ULC (New Flyer), today announced an initiative to expand New Flyer’s Winnipeg manufacturi...
24 Oct 2024

New York’s RTS awards NFI subsidiary New Flyer order for 44 Xcelsior heavy-duty transit buses

ST. CLOUD, Minn., Oct. 24, 2024 (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 new firm order from Regional Transit Service, Inc. (RTS) for 44 Xcelsior® clean-diesel heavy-duty transit buses. The contract includes 24 Xcelsior 40-foot b...
21 Oct 2024

NFI subsidiary New Flyer awarded largest hydrogen fuel cell-electric contract in company history, 108 buses to California’s SamTrans

ST. CLOUD, Minn., Oct. 21, 2024 (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 mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), today announced a new firm order for 108 zero-emission hydrogen fuel cell-electric Xcelsior CHARGE FC™ 40-foot transit buses from San Mateo County Transit (SamTrans), marking the ...
10 Oct 2024

NFI schedules third quarter 2024 financial results

WINNIPEG, Manitoba, Oct. 10, 2024 (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, today announced it intends to release its third quarter 2024 financial results on Wednesday, November 6, 2024 after market close, with a conference call and webcast to discuss the results on Thursday, November 7, at 9:00 a....
03 Oct 2024

NFI subsidiary Alexander Dennis announces 32 Enviro100EV for Go-Ahead London in second next-generation order from capital

LARBERT, United Kingdom, Oct. 03, 2024 (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 Alexander Dennis Limited (Alexander Dennis), today announced that Go-Ahead Group subsidiary Go-Ahead London has ordered 32 Enviro100EV small electric buses in the second deal with an operator in the capit...
01 Oct 2024

NFI Board Chair Wendy Kei honoured with 2024 Visionary Award for strategic leadership from Women Corporate Directors

WINNIPEG, Manitoba, Oct. 01, 2024 (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, today announced Board Chair, Wendy Kei, has received Women Corporate Directors (WCD) Visionary Award for Strategic Leadership at WCD’s annual Visionary Awards Celebration in Orlando, Florida. WCD is the world’s largest comm...
06 Aug 2024

NFI subsidiary New Flyer named as partner of choice for more than $338 million in FTA Low- or No-Emission and Buses and Bus Facilities grants

         Total funding amount awarded to US transit agencies who named New Flyer as their partner of choice in 2024 grant applications has increased by 60% year-over-year. ST. CLOUD, Minn., Aug. 06, 2024 (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) to...
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