Share this story:

NFI Group ($NFYEF) Receives Order for 10 Zero-Emission Buses from San Mateo County Transit Authority



Green Stock News LLC
 

 

August 17, 2022 – TheNewswire - NFI Group ($NFYEF) has announced that its subsidiary, New Flyer of America, has received a contract order from California’s San Mateo County Transit Authority for 10 of its next-generation, battery-electric Xcelsior CHARGE NG™ heavy-duty transit buses. 

 

The order will also include 20 ABB 150kWh plug-in chargers as well as project coordination and commissioning to support the zero-emission bus deployment in San Mateo County.

 

Supported by Federal Transit Administration funds, the order follows SamTrans’ 2021 purchase of seven Xcelsior CHARGE NG™ buses. The company says that the purchase will advance fulfillment of the California Air Resources Board’s Innovative Clean Transit regulation which requires agencies to transition their bus fleets to 100% zero-emissions by 2040.

 

Chris Stoddart, President, North American Bus and Coach, NFI, commented: “SamTrans is one of ten California agencies to rely on our advanced battery-electric bus and infrastructure solutions to enable the transition to zero emission at scale.”

 

Leveraging 450 years of combined experience, NFI Group is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, the company meets today’s urban demands for scalable smart mobility solutions.

 

Shares of NFI Group trade on the OTC Markets under the ticker symbol NFYEF. For more information visit greenstocknews.com

 

Disclaimer

 

This content is not financial advice and is for information, education and entertainment purposes only. Green Stock News is not responsible for any losses related to the financial decisions made by you. Video content and other materials including web content are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Green Stock News is not responsible for any gains or losses that result from the opinions expressed in this video or in other investor relations materials that it publishes electronically.

 

View original video news clips here: https://greenstocknews.com/green-stock-newswire