NFI recaps strong showing at APTA TRANSform Conference and EXPO; announces eligibility for U.S. Commercial Clean Vehicle Credit

ST. CLOUD, Minn., Oct. 18, 2023 (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 recapped a successful week attending the American Public Transportation Association (APTA) TRANSform Conference and EXPO (EXPO) in Orlando, Florida. NFI showcased its mobility solutions ecosystem and market-leading vehicle lineup, with attendance from all NFI subsidiaries.

“It was fantastic to reconnect with our customers, suppliers, and industry partners this past week at APTA EXPO, where we showcased NFI’s mobility solution ecosystem, which includes vehicles; infrastructure; parts and service; workforce development and training; connected technology; and vehicle financing. As we focus on ramping up our production rates to execute on our record backlog, we were proud to display our continued commitment and dedication to the transportation industry in North America. Thank you to the entire APTA team for another hugely successful event,” said Paul Soubry, President and Chief Executive Officer, NFI.

NFI hosted numerous events and training sessions in its booth—covering NFI’s innovative battery-electric and fuel cell-electric bus offering, the NFI Connect data platform, NFI Service Centers, and NFI Infrastructure Solutions—bringing together customers, suppliers, and industry partners for collaborative conversations. NFI also honoured the late David Warren’s contributions to the transit industry.

On October 9, NFI announced the option to add a seventh and eighth string of batteries to New Flyer's battery-electric Xcelsior CHARGE NG 60-foot bus, which increases the range of the bus by over 30%. The additional range provided by these new battery options, combined with the large passenger capacity of the 60-foot model, makes the New Flyer 60-foot EV ideal for use in high-volume traffic routes and bus rapid transit (BRT). Click here to watch a video about these exciting updates.

On October 10, NFI introduced another technology advancement – New Flyer's battery-electric Xcelsior CHARGE NG 40-foot transit bus designed with a three-door configuration to enable more efficient and flexible boarding for BRT projects. NFI announced California’s Omnitrans as the first transit agency that ordered the new 40-foot EV with three doors, which was jointly announced with Erin Rogers, CEO and General Manager, Omnitrans. The order included 18 battery-electric Xcelsior CHARGE NG 40-foot buses and four fuel cell-electric Xcelsior CHARGE FC 40-foot buses. Click here to watch a video about the new three-door configuration.