ST. CLOUD, Minn, Feb. 2, 2021 /CNW/ - (TSX: NFI) New Flyer of America Inc. ("New Flyer"), a subsidiary of NFI Group Inc. ("NFI"), one of the world's leading independent global bus manufacturers, today announced that King County Metro ("Metro") has awarded New Flyer 20 additional sixty-foot zero-emission, battery-electric Xcelsior CHARGE™ heavy-duty transit buses (40 equivalent units or "EUs").

New Flyer of America Logo (CNW Group/NFI Group Inc.)

Metro is one of the ten largest transit agencies in the United States, providing over 122 million annual passenger trips in King County, Washington, and including the city of Seattle. Metro's long-term commitment, first announced January 2020, is to achieve a 100% zero-emissions fleet powered by renewable energy no later than 2040.

The addition of 20 battery-electric buses marks another key milestone in reaching Metro's goal to improve air quality, reduce carbon, and provide equitable access to sustainable transportation. This order follows the completion of an 18-month electric bus evaluation of two 60-foot New Flyer Xcelsior CHARGE™ buses program initiated in 2018. The buses were purchased as option orders off of the Commonwealth of Virginia state contract.

"Metro has long been an early adopter of advanced innovation, and the transition to zero-emission mobility is no exception. New Flyer battery-electric buses offer significant noise reduction, cost savings, and reduced greenhouse gas emissions – all while consistently performing through rigorous operating environments to keep the community moving," said Chris Stoddart, President, New Flyer and MCI. "Having delivered over 1,830 buses to King County since 1979 – with over half comprised of zero-emission or hybrid electric propulsions on common and proven Xcelsior bus platforms – New Flyer technology has assisted Metro's transition to clean, quiet, reliable and sustainable transit."

New Flyer continues to lead the evolution toward scalable zero-emission mobility, offering battery-electric Xcelsior CHARGE™ and fuel cell-electric Xcelsior CHARGE H2™ buses, and supporting zero-emission deployments through New Flyer Infrastructure Solutions™, which provides safe and reliable infrastructure services for smart, sustainable mobility projects. For information on New Flyer's zero-emission buses, visit newflyer.com/CHARGE, and for information on infrastructure services, visit newflyer.com/infrastructuresolutions.

NFI subsidiary ARBOC Specialty Vehicles has also supported Metro's commitment to fast, equitable, and reliable service, with 37 low-floor cut-away buses delivered since 2011 including the Freedom, Independence, Liberty, and Mobility models.

New Flyer has been leading innovation in mobility for 90 years, and today supports growing North American cities with sustainable buses, technology, and infrastructure. It also operates the Vehicle Innovation Center, the first and only innovation lab of its kind dedicated to advancing bus and motor coach technology and providing essential workforce development through electric bus training, now available online. New Flyer is testing automated vehicle technology and remains committed to the development of technology standards that deliver safe, clean, sustainable, connected mobility options to communities.

About NFI

Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today's urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation.

With 8,000 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motor coaches), Alexander Dennis Limited (single and double-deck buses), Plaxton (motor coaches), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts™. NFI currently offers the widest range of sustainable drive systems available, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. In total, NFI supports its installed base of over 105,000 buses and coaches around the world. NFI common shares are traded on the Toronto Stock Exchange under the symbol NFI. News and information is available at www.nfigroup.com, 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 35,000 heavy-duty transit buses (New Flyer, NABI, and Orion) currently in service, of which 8,600 are powered by electric motors and battery propulsion and 1,900 are zero-emission. Further information is available at 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.

NFI Group Leading the ZEvolution™ Logo (CNW Group/NFI Group Inc.)

SOURCE NFI Group Inc.

Copyright 2021 Canada NewsWire

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