NFI presents at White House Roundtable focused on strengthening U.S. bus manufacturing and clean transit deployment - Seite 2

“NFI was honored to participate in the White House Roundtable,” said Mr. Soubry. “We appreciate the Biden-Harris Administration, the FTA, APTA, and fellow industry leaders’ efforts to ensure a resilient U.S. clean bus manufacturing base capable of supporting transit authorities’ evolution to zero-emission transportation.”

Following the Roundtable, the FTA released a Dear Colleague letter, describing actions the FTA is taking to strengthen the American bus manufacturing industry, reduce vehicle contract costs, and shorten vehicle delivery times to public transit agencies. The full Dear Colleague letter is available on the FTA website.

Additionally, on February 8, the FTA announced $1.5 Billion in federal funding through their Notice of Funding Opportunity to modernize bus fleets and deploy clean transit buses across America under the 2024 Low or No Emission Competitive Grant Program and the Buses and Bus Facilities Program, further illustrating the Administration’s commitment and support of national climate and equity goals. This new funding will place priority on grant applications that incorporate key best practices that will support the recovery of this vital industry.

“We are thrilled with the outcomes of this past week which will be transformative to our industry,” said Mrs. McNeill. “We now look forward to taking these important guidelines forward with our customers to modernize bus procurement practices and create a healthier contracting environment for U.S. bus manufacturers with both current contacts and future procurements.”

NFI will provide updates on the impacts any recommended or proposed changes to U.S. procurement or pricing structures may have on its operations or financial reporting, if or when they are implemented or take effect, through its regular quarterly and annual reporting.

Leading the ZEvolution

NFI is a leader in zero-emission mobility, with electric vehicles operating (or on order) in more than 150 cities in six countries. NFI offers the widest range of zero-emission battery and fuel cell-electric buses and coaches, and its vehicles have completed over 140 million EV service miles.

NFI supports growing North American cities with scalable, clean, and sustainable mobility solutions through its mobility solution ecosystem, which includes buses and coaches; infrastructure; parts and service; technology; workforce development and training; and vehicle financing. NFI also operates the Vehicle Innovation Center (“VIC”), the first and only innovation lab of its kind dedicated to advancing bus and coach technology and providing workforce development. Since opening in late 2017, the VIC has hosted over 350 interactive events, welcoming 7,000 industry professionals for EV and infrastructure training.