NFI confirms BVG order for 198 ADL Enviro500 double deck buses for Berlin
April 05 2021 - 6:55AM
(TSX: NFI, OTC: NFYEF) NFI Group Inc. (“NFI”), one
of the world’s leading independent global bus manufacturers, today
announced that Berliner Verkehrsbetriebe (“BVG”) has exercised
options for 198 Enviro500 double deck buses, to be delivered to the
German capital by the end of 2022. Alexander Dennis Limited
(“ADL”), a subsidiary of NFI, will build these buses in its
factories in the United Kingdom.
NFI delivered the first two Enviro500 double
deck buses to BVG in October 2020 as part of a multi-year framework
contract signed in 2018. Following the successful completion of a
testing programme with this initial pair of vehicles, BVG’s
supervisory board approved the conversion of options for another
198 buses into firm orders, taking the fleet to 200. Options for an
additional 230 Enviro500 double deck buses remain in the
contract.
“This fantastic news is a testament to the
incredible efforts of our talented international team at ADL who
have yet again demonstrated that they can expand into new markets
and deliver for customers in multiple jurisdictions through their
ability to execute on highly complex product development projects,”
said Paul Soubry, President & Chief Executive Officer, NFI. “We
are extremely proud to support a world-class operator in BVG and
take a significant step in NFI’s global growth strategy.”
Production of all 198 units will take place at
ADL’s facilities in the United Kingdom, with the Scarborough site
in Yorkshire to lead final assembly. Once delivered, they will be
supported locally by an experienced team operating out of ADL’s
recently opened Berlin office, service workshop and parts
warehouse.
NFI is a leader and innovator in zero-emission
mobility. The Company’s battery-electric and fuel-cell electric
vehicles are in more than 80 cities in four countries and have
completed over 20 million electric service miles. NFI has the
broadest offering of electric vehicles including medium- and
heavy-duty transit buses, motor coaches and double-deck buses. NFI
subsidiary ADL is the UK’s largest bus manufacturer and continues
to lead the evolution to zero-emission mobility with sustainable
single-deck buses, double-deck buses, and coaches.
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.alexander-dennis.com,
www.arbocsv.com, and www.nfi.parts.
About Alexander Dennis
Alexander Dennis Limited (“ADL”) is a global
leader in the design and manufacture of double deck buses and is
also the UK’s largest bus and coach manufacturer. ADL offers single
and double deck vehicles under the brands of Alexander Dennis and
Plaxton, and has over 31,000 vehicles in service in the UK, Europe,
Hong Kong, Singapore, New Zealand, Mexico, Canada and the United
States. Further information is available at
www.alexander-dennis.com.
For ADL media inquiries, please contact:Jacqueline Anderson+44
7796 715 607jacqueline.anderson@alexander-dennis.com
For investor inquiries, please contact:Stephen
King204.224.6382Stephen.King@nfigroup.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/6eeb9b87-2a77-4cfb-acc5-34a6602aabad
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