Press Releases

All figures quoted in U.S. dollars unless otherwise noted: Performance Highlights: 2022 Q4 revenue of $683 million; 1,034 equivalent units ("EUs") delivered, with 32% coming from battery- and fuel cell-electric buses ("ZEBs"). Full year sales of $2.1 billion; 3,039 EUs delivered, 23% ZEBs.2022 Q4 Adjusted EBITDA2 of ($5) million; Net Loss per Share of $1.94 and Adjusted Net Loss per Share2 of $0.31. Full year Adjusted EBITDA2 of ($59) million; ...

Vice President comments “Electric buses being built in this factory are a model of American innovation and key to the future of public transportation in America” ST. CLOUD, Minn., Feb. 10, 2023 (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, subsidiary New Flyer of America (“New Flyer”) today welcomed United Stat...

ST. CLOUD, Minn., Feb. 08, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in zero-emission mass mobility solutions, today announced that United States Vice President Kamala Harris will visit New Flyer of America’s (“New Flyer”) St. Cloud, Minnesota manufacturing facility on February 9, 2023, to highlight the Biden-Harris Administration’s investment...

  ST. CLOUD, Minn., Feb. 07, 2023 (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 the Regional Transportation Commission of Southern Nevada (“RTC”) has exercised options for 24 Xcelsior® compressed natural gas (“CNG”) 60-foot, heavy-duty transit buses (48 equivalent units or “E...

LARBERT, United Kingdom, Feb. 01, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (“Alexander Dennis”) today announced that it will continue development of autonomous bus technology in the CAVForth2 project, led by Fusion Processing Ltd and supported by the...

LARBERT, United Kingdom, Jan. 31, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (“Alexander Dennis”) today announced that transport group Stagecoach has placed the first order for the manufacturer’s next-generation battery-electric buses, taking 55 Enviro...

Larbert and Iver, United Kingdom – 23rd January 2023: Alexander Dennis (Alexander Dennis Limited, ADL) and BYD UK jointly announced today that their electric vehicle partnership has supplied 11 BYD ADL Enviro200EV electric single deck buses for Ireland’s first all-electric town bus service in Athlone, County Westmeath. Procured and funded by the National Transport Authority, the buses are operated by Bus Éireann. The new fleet will reduce ...

All amounts shown in this press release are in U.S. dollars unless otherwise indicated. WINNIPEG, Manitoba, Jan. 20, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that it has finalized agreements for the previously announced financial support package of approximately $1871 mi...

WINNIPEG, Manitoba, Jan. 18, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that it will release its fourth quarter and full year 2022 financial results on Wednesday, March 1, 2023, prior to market open. A conference call for analysts and interested listeners will be held on M...

ST. CLOUD, Minn., Jan. 17, 2023 (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”) received a new order from Central Ohio Transit Authority (“COTA”) for 14 zero-emission, battery-electric Xcelsior CHARGE NG™ forty-foot heavy-duty transit buse...