10 Mar 2022

NFI Announces Fourth Quarter and Full Year 2021 Results and 2022 Guidance

All figures quoted in U.S. dollars unless otherwise noted: Performance Highlights: 2021 Q4 revenue of $695 million; 1,087 equivalent units ("EUs") delivered, with 31% coming from battery- and fuel cell-electric vehicles ("ZEBs"). Full year sales of $2.3 billion; 3,783 EUs delivered, with 18% ZEBs.2021 Q4 Adjusted EBITDA(2) of $26 million; Net Loss per Share of $0.12 and Adjusted Net Loss per Share(2) of $0.21. Full year Adjusted EBITDA(2) of $1...
28 Feb 2022

NFI subsidiary ADL welcomes ScotZEB funding for 137 Scottish-built zero-emission buses

LARBERT, Scotland, Feb. 28, 2022 (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 Alexander Dennis Limited (“ADL”) today welcomed the Scottish Government’s announcement of the award of £62 million in funding to bus operators through Phase 1 of the Scottish Zero Emission Bus Challenge Fund (“ScotZEB”). The...
24 Feb 2022

NFI to release fourth quarter and full year 2021 financial results and host conference call on March 10, 2022

WINNIPEG, Manitoba, Feb. 24, 2022 (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, today announced that it will release its fourth quarter and full year 2021 financial results on Thursday, March 10, 2022, prior to market open. A conference call for analysts and interested listeners will be held on March 10, 2022...
23 Feb 2022

New Flyer signs onto APTA’s Racial Equity Commitment Program

Program provides signatories tangible roadmap for advancing racial equity; coalesces greater movement toward equity, diversity, and inclusion in public transit St. Cloud, Minnesota, USA – February 23, 2022: (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, today announced that its subsidiary New Flyer of America Inc. (“New Flyer”) ...
17 Feb 2022

NFI announces 130 BYD ADL electric double deck bus order for Zenobē’s National Express Coventry ETaaS fleet

LARBERT, Scotland, Feb. 17, 2022 (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 Alexander Dennis Limited (“ADL”) and BYD UK jointly announced today that their electric vehicle partnership will supply over 130 battery-electric double deck buses to EV fleet and battery storage specialist Zenobē and Nationa...
16 Feb 2022

Rhode Island's RIPTA orders 14 zero-emission buses and charging infrastructure from NFI

ST. CLOUD, Minn., Feb. 16, 2022 (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, today announced that its subsidiary New Flyer of America Inc. (“New Flyer”) has received a new contract from the Rhode Island Public Transit Authority (“RIPTA”) for 14 battery-electric, zero-emission Xcelsior CHARGE™ forty-foot heavy-dut...
15 Feb 2022

NFI announces new customer-focused features on 29 BYD ADL Enviro400EV electric double deck buses introduced by Abellio London

LARBERT, Scotland, Feb. 15, 2022 (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 Alexander Dennis Limited (“ADL”) and BYD UK jointly announced today that their electric vehicle partnership has supplied 29 BYD ADL Enviro400EV to Abellio for use on Transport for London (“TfL”) route 63. The zero-emission do...
14 Feb 2022

New York’s MTA orders 60 more zero-emission, battery-electric buses from NFI

ST. CLOUD, Minn., Feb. 14, 2022 (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, today announced that its subsidiary New Flyer of America Inc. (“New Flyer”) has received a new contract from the New York City Transit Authority (“NYCT”) for 60 battery-electric, zero-emission Xcelsior CHARGE NG™ forty-foot heavy-duty tr...
11 Feb 2022

Philadelphia’s SEPTA awards NFI a contract for up to 340 low-emission hybrid-electric buses

ST. CLOUD, Minn., Feb. 11, 2022 (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, today announced that its subsidiary New Flyer of America Inc. (“New Flyer”) has received a new contract from the Southeastern Pennsylvania Transportation Authority (“SEPTA”) for a firm order of 220 Xcelsior® forty-foot, heavy-duty, hybr...
09 Feb 2022

NFI announces first battery-electric bus order from Denver RTD for 17 battery-electric Xcelsior CHARGE NG™ buses

ST. CLOUD, Minn., Feb. 09, 2022 (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, today announced that its subsidiary New Flyer of America Inc. (“New Flyer”) has received a new contract from Denver’s Regional Transportation District (“RTD”) for 17 battery-electric, zero-emission Xcelsior CHARGE NG™ forty-foot heavy-du...
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