ST. CLOUD, MN, Jan. 21, 2020 /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 a new contract with the Regional Transit Service,
Inc. ("RTS") in Rochester, New
York for 10 forty-foot, zero-emission, battery-electric
Xcelsior CHARGE™ heavy-duty transit buses, with an option to
purchase up to 20 additional buses over the five year term of the
contract.
The buses will help RTS achieve its vision of being the
innovative mobility choice, while providing a more customer focused
transit experience. With no tailpipe emissions, the Xcelsior
CHARGE™ buses will commence a more efficient chapter of mobility
for the greater Rochester
area.
"As a longstanding partner to RTS, New Flyer looks forward to
evolving zero-emission mobility and improving public transit in the
greater Rochester area," said
Chris Stoddart, President, New
Flyer. "With the most electric buses on the road in America, New
Flyer will leverage deep experience in zero-emission buses,
infrastructure, and technology to help RTS eliminate emissions and
improve the transit experience."
Since 1999, New Flyer has delivered over 240 heavy-duty transit
buses to RTS in addition to coaches delivered by Motor Coach
Industries, another NFI subsidiary. There are currently more than
1,500 New Flyer buses in-service in New
York State, and this order represents the third
zero-emission bus program in New
York to add battery-electric buses from New Flyer.
RTS is a regional transportation authority established by
New York State, serving
Monroe, Genesee, Livingston, Ontario, Orleans, Seneca, Wayne, and Wyoming counties. It provides nearly 16
million trips per year and has been recognized as one of the
best-run transit systems in the nation.
New Flyer has more than 50 years of experience in manufacturing
zero-emission buses. In 2018, New Flyer became the first bus
manufacturer in the world to sign on to the Shared Mobility
Principles for Livable Cities, joined the Charging Interface
Initiative (CharIN) to support industry charging standards for all
electric vehicles, became the first licensee outside the Volvo
Group to join OppCharge in North
America, signed CALSTART's Global Commercial Drive to Zero,
and signed the Transportation Electrification Accord focused on
driving an equitable and prosperous future for electrified
transportation.
About NFI
With 9,000 team members operating from more than 50 facilities
across ten countries, NFI is a leading independent global bus
manufacturer providing a comprehensive suite of mass transportation
solutions under brands: New Flyer® (heavy-duty transit
buses), Alexander Dennis Limited (single and double-deck buses),
Plaxton (motor coaches), MCI® (motor coaches),
ARBOC® (low-floor cutaway and medium-duty buses), and
NFI Parts™. NFI buses and motor coaches incorporate the widest
range of drive systems available including: clean diesel, natural
gas, diesel-electric hybrid, and zero-emission electric (trolley,
battery, and fuel cell). In total, NFI now supports over
105,000 buses and coaches currently in service around the world.
NFI common shares are traded on the Toronto Stock Exchange under
the symbol NFI. News and information are 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 41,000 heavy-duty transit buses (New
Flyer, NABI, and Orion) currently in service, of which 7,300 are
powered by electric motors and battery propulsion and 1,600 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.
SOURCE New Flyer of America Inc.