NFI to Deliver 4 Additional Zero-Emission Battery-Electric Buses to New York’s CDTA

ST. CLOUD, Minn., May 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”) is currently delivering four zero-emission, battery-electric Xcelsior CHARGE™ forty-foot heavy-duty transit buses, equipped with next-generation high-energy batteries providing 440kWh of energy to Capital District Transportation Authority (“CDTA”).

The purchase, which follows CDTA’s first battery-electric bus order for four Xcelsior CHARGE™ buses delivered to CDTA in 2020, propels its Strategic Plan and helps the state to reach its goal of transitioning transit fleets to 100% renewable energy by 2035.

CDTA provides transit services to the Capital District of New York, including the counties of Albany, Rensselaer, Saratoga, and Schenectady, and delivers over 16 million passenger trips per year.

“Since 2015, NFI has delivered over 40 transit buses to CDTA and continues to support them through their transition to zero-emission,” said Chris Stoddart, President, North American Bus and Coach. “Our battery-electric Xcelsior CHARGE buses will benefit the New York region by delivering immediate emissions and noise reductions, and will help CDTA to meet its goals to enhance New York’s transportation through innovative, sustainable mobility solutions.”

Designed on the proven Xcelsior^® platform, each battery-electric Xcelsior CHARGE^™ bus can reduce up to 100 to 160 tons of greenhouse gas per year. For more information, visit newflyer.com/buses.

NFI is a leader in zero-emission mobility, with electric vehicles operating (or on order) in more than 80 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 65 million EV service miles.

Today, NFI supports growing North American cities with scalable, clean, and sustainable mobility solutions through a four-pillar approach that includes buses and coaches, technology, infrastructure, and workforce development. 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 300 interactive events, welcoming 5,000 industry professionals for EV and infrastructure training.

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