07.11.19

Press Releases

Trinity Metro launches Fort Worth’s zero-emission service with buses from New Flyer

St. Cloud, Minnesota, USA – July 11, 2019: (TSX: NFI) New Flyer of America Inc. (New Flyer), a subsidiary of NFI Group Inc. (NFI), one of the world’s largest independent global bus manufacturers, today announced that the Fort Worth Transportation Authority (“Trinity Metro”) has awarded New Flyer a contract for four heavy-duty, thirty-five-foot Xcelsior CHARGE™ battery-electric buses.

The zero-emission buses (“ZEBs”) support a new route called The Dash, a zero-emission service connecting Downtown Fort Worth with its Cultural District and utilizing Trinity Metro’s first all-electric buses; ultimately delivering reduced emissions and continued economic growth in the area. New Flyer is further supporting the deployment with management of ABB charger installation and commissioning through New Flyer Infrastructure Solutions™.

“As a technology-forward community, Fort Worth is putting its sustainable vision in motion and New Flyer is proud to serve as a true mobility partner, including zero-emission Xcelsior CHARGE buses and charging infrastructure,” said Chris Stoddart, President, New Flyer. “Since 1990, NFI has delivered nearly 130 buses to Fort Worth including buses from New Flyer, MCI, and ARBOC. Today, we’re proud to further serve Trinity Metro in reducing emissions and supporting exceptional growth in Fort Worth with safe, efficient, and sustainable transportation.”

Trinity Metro’s first Xcelsior CHARGE™ was unveiled in Fort Worth during a May 2019 event, which previewed The Dash service. The bus showcased reduced air and noise pollution, and enhancements such as wood-like floors and USB charge ports for passengers. The purchase was supported by local, state, and federal funds. The Dash is in the testing phase and will begin operations on September 22.

“We are thrilled to introduce these distinctive red buses to Fort Worth. The Dash will connect these two unique areas of our community with state-of-the-art, zero-emission technology. We expect the buses to be a welcomed attraction in this growing area of Fort Worth,” said Wayne Gensler, Trinity Metro’s Vice President and Chief Operating Officer for bus and paratransit.

Trinity Metro is a regional transportation system providing public transportation in Fort Worth, Texas, and other cities in Tarrant County, part of the Dallas-Fort Worth metropolitan area. It delivers nearly 10 million passenger trips per year.

New Flyer has more than 50 years of experience in manufacturing zero-emission buses (ZEBs), with more electric buses on the road in America than any other manufacturer. In 2018, New Flyer became the first bus manufacturer in the world to sign on to the Shared Mobility Principles for Livable Cities, joined the Charging Interface Initiative (CharIN) to support industry charging standards for all electric vehicles, became the first licensee outside the Volvo Group to join OppCharge in North America, signed CALSTART’s Global Commercial Drive to Zero to support fast-tracking adoption of clean trucks and buses, and also signed the Transportation Electrification Accord focused on driving an equitable and prosperous future for electrified transportation.

About NFI

With over 8,900 team members operating from more than 50 facilities across 10 countries, NFI is a leading independent global bus manufacturer providing a comprehensive suite of mass transportation solutions under brands: New Flyer® (heavy-duty transit buses), Alexander Dennis Limited (single and double-deck buses), Plaxton (motor coaches), MCI® (motor coaches), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts™. NFI buses and motor coaches incorporate the widest range of drive systems available including: clean diesel, natural gas, diesel-electric hybrid, and zero-emission electric (trolley, battery, and fuel cell).  In total, NFI now supports over 105,000 buses and coaches currently in service around the world. NFI common shares are traded on the Toronto Stock Exchange under the symbol NFI. News and information are available at www.nfigroup.com, www.www.newflyer.com, www.mcicoach.com, www.arbocsv.com, www.alexander-dennis.com, and www.nfi.parts.

About New Flyer

New Flyer is North America’s heavy-duty transit bus leader and offers the most advanced product line under the Xcelsior® and Xcelsior CHARGE™ brands. It also offers infrastructure development through New Flyer Infrastructure Solutions™, a service dedicated to providing safe, sustainable, and reliable charging and mobility solutions. New Flyer actively supports over 41,000 heavy-duty transit buses (New Flyer, NABI, and Orion) currently in service, of which 7,300 are powered by electric motors and battery propulsion and 1,600 are zero-emission. Further information is available at www.www.newflyer.com.

Forward-Looking Statements

This press release may contain forward-looking statements relating to expected future events and financial and operating results of NFI Group that involve risks and uncertainties. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward-looking statements, and the differences may be material. Actual results may differ materially from management expectations as projected in such forward-looking statements for a variety of reasons, including market and general economic conditions and economic conditions of and funding availability for customers to purchase buses and to purchase parts or services, customers may not exercise options to purchase additional buses, the ability of customers to suspend or terminate contracts for convenience and the other risks and uncertainties discussed in the materials filed with the Canadian securities regulatory authorities and available on SEDAR at www.sedar.com. Due to the potential impact of these factors, the NFI Group disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.

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