12.12.19

Press Releases

Brampton extends sustainable BRT with low-emission, high capacity buses from New Flyer

Winnipeg, Manitoba, Canada – December 12, 2019: (TSX: NFI) New Flyer Industries Canada ULC (“New Flyer”), a subsidiary of NFI Group Inc. (“NFI”), one of the world’s leading independent global bus manufacturers, today announced that the City of Brampton, the governing body of Brampton Transit, has issued a new order for ten heavy-duty, sixty-foot Xcelsior® diesel-electric hybrid transit buses (20 equivalent units or “EUs”).

The new hybrid buses will expand the Züm bus rapid transit (“BRT”) fleet to meet the area’s growing population and transit demands. Featuring 40 percent more passenger capacity than forty-foot vehicles, the sixty-foot Xcelsior buses will increase service and improve the passenger experience along key routes connecting people and places within Brampton and the Greater Toronto Area. Using diesel-electric hybrid technology, the new buses will reduce fuel consumption by up to ten percent compared to conventional diesel vehicles.

The order follows Brampton Transit and the Canadian Urban Transit Research and Innovation Consortium’s (“CUTRIC”) July announcement of securing $11.15 million in federal funding from Natural Resources Canada to support the adoption of zero-emission transit with a purchase of six battery-electric New Flyer Xcelsior CHARGE™ buses.

“As the City of Brampton continues to grow, its mobility demands increase but the focus remains on sustainable transportation. New Flyer meets this need with hybrid electric technology and high-capacity BRT buses, which helps Brampton Transit improve the passenger experience,” said Chris Stoddart, President, New Flyer. “We are proud to deliver more fully-accessible BRT buses to support the Züm service, building on nearly 300 buses delivered to Brampton since 1979 and looking forward to the expansion of its low and zero-emission fleet in future.”

Xcelsior BRT buses offer the lowest interior and exterior noise levels, and feature an upgraded interior including LED lighting, skylight roof hatches, and styling upgrades. Advanced accessibility features also include a wider door and an increased entryway, with one of the lowest floors and best-in-class ramp inclinations on the market. New Flyer, a leader in fully-accessible and high-capacity bus rapid transit solutions, has BRT buses operating in cities such as Cleveland, San Bernardino, Eugene, San Jose, and Seattle.

Brampton Transit is one of Canada’s fastest-growing and most innovative transit providers, moving more than 31 million passengers in 2018 and committing to the reduction of Brampton’s carbon footprint and greenhouse gas (GHG) emissions through sustainable transit.

NFI has nearly 90 years of experience manufacturing buses in Canada, with over 50 years of experience manufacturing zero-emission buses. NFI actively advocates for the electrification of public transit vehicles and standardization of charging infrastructure, and in 2018, signed onto the Shared Mobility Principles for Livable Cities and celebrated CUTRIC’s launch of the Pan-Canadian Electric Bus Demonstration and Integration Trial – the world’s first multi-manufacturer interoperability demonstration for fast-charge electric buses – of which New Flyer was a contributing member.

About NFI

With 9,000 team members operating from more than 50 facilities across ten 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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Lindy Norris
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