San Diego MTS selects NFI with award for up to 473 low- and zero-emission buses

ST. CLOUD, Minn., Nov. 30, 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”) has received new firm orders for 41 transit buses from the San Diego Metropolitan Transit System (“MTS”) with options for up to an additional 432 buses. In total, NFI will add 617 Equivalent Units (“EUs”) to its backlog from firm and option orders. These units were included in NFI’s pending awards at the end of the third quarter of 2022. The firm orders include:

• 28 Xcelsior^® compressed natural gas (“CNG”) forty-foot, heavy-duty transit buses, and
• 13 Xcelsior CHARGE NG™ battery-electric forty-foot, heavy-duty transit buses.

The five-year contract includes options to purchase forty-foot and sixty-foot Xcelsior^® CNG buses, as well as forty-foot and sixty-foot Xcelsior CHARGE NG^™ battery-electric buses.

MTS is one of the oldest transit systems in Southern California, serving the San Diego community for more than 135 years. MTS operates one of the cleanest public transit fleets in the United States, providing 88 million annual passenger rides across San Diego County on nearly 100 fixed bus routes.

Supported by Federal Transit Administration (“FTA”) funds, this order will help MTS meet its goal of transitioning to a zero-emission fleet, which is outlined in its multi-year “Zero-Emission Bus Rollout Plan”. In addition, the purchase will deliver on the California Air Resources Board’s (“CARB”) Innovative Clean Transit regulation, requiring agencies to transition to 100% ZEB fleets by 2040.

“MTS and NFI have had a great working relationship for many years, and we look forward to continuing it with this new contract,” said Sharon Cooney, MTS chief executive officer. “To meet the demands of transitioning to all zero-emission bus fleet by 2040 we will need NFI to step up in a big way. As they continue to improve bus zero-emission technology and performance, I’m confident our transition will be successful.”

“The electrification of mass mobility is gaining momentum now, and NFI stands at the forefront of this evolution with its market-leading sustainable mobility solutions,” said Chris Stoddart, President, North American Bus and Coach, NFI. “Through a partnership spanning nearly 30 years, NFI has delivered over 840 buses and coaches to MTS, and we are excited to continue working together as we support MTS’ transition to cleaner, more sustainable mobility with our high-performance low- and zero-emission buses. Together, we’re building healthier and more livable communities across San Diego.”

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