WINNIPEG, MB, Jan. 18, 2021 /CNW/ - (TSX: NFI) New Flyer
Industries Canada ULC ("New Flyer"), a subsidiary of NFI Group Inc.
("NFI"), one of the world's leading independent global bus
manufacturers, today announced that the City of Winnipeg, the owner and operator of
Winnipeg Transit, has awarded New Flyer a new contract for 32 clean
diesel, forty-foot Xcelsior® heavy-duty transit buses,
with an option to extend the contract for five years.
Named one of the most efficient transit systems in Canada, Winnipeg Transit is the public transit
agency serving Winnipeg, Manitoba,
and delivering over 48 million passenger trips per year.
The buses replace end-of-life vehicles and advance the
City of Winnipeg's 2050
Transportation Master Plan, aimed at safe and efficient movement of
people while meeting a growing demand for environmentally
sustainable and inclusive transit.
"We've delivered nearly 1,000 buses to Winnipeg Transit over 30
years, continually improving propulsion technology to lend enhanced
operational and environmental benefits," said Chris Stoddart, President, New Flyer. "As
Winnipeg Transit evolves its fleet to more sustainable options in
the future, we will continue advancing our technology, buses, and
infrastructure to pave the way for the scalable transition to
cleaner, safer, and more efficient mobility."
New Flyer's clean-diesel technology combines ultra-low sulfur
diesel fuel, advanced engines, and effective emissions controls,
resulting in a highly efficient and virtually smoke-free engine
that can achieve lower emissions, reduce greenhouse gases, and
reduce the cost of bus operation. Over the past 20 years, New Flyer
has innovated clean diesel technology to reduce particulate
emissions by 90%.
For 90 years, New Flyer has led the innovation of mass mobility
and today supports growing North American cities with scalable
clean mobility solutions 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 coach technology and providing workforce development on
electric bus training, now available online. New Flyer has also
developed automated bus technology to improve safety in public
transit, with testing currently underway.
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.
SOURCE New Flyer Industries Inc.