(TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc.
(“NFI”), a leading independent bus and coach manufacturer and a
leader in electric mass mobility solutions, today announced that
its subsidiary Motor Coach Industries (“MCI”) has unveiled its new
zero-emission, battery-electric high-floor commuter coach – the D45
CRT CHARGE™.
The D45 CRT CHARGE™ - a zero-emission version of
the best-selling D45 Commuter Rapid Transit (“CRT”) series public
transit coach - integrates proven CHARGE propulsion from New Flyer,
including regenerative braking, and features design advancements of
MCI's next generation D45 CRT commuter transit coaches, including
enhanced reliability, efficiency, and high performance.
“The D45 CRT CHARGE marks the eighth unique
zero-emission bus (“ZEB”) NFI has introduced in the past two years.
Our market-leading electric vehicle (“EV”) portfolio continues to
expand, demonstrating NFI’s undeniable leadership in the
electrification of mass mobility,” said Chris Stoddart, President,
North American Bus and Coach, NFI. “With electric drive components,
MCI’s smooth-riding suspension, and real-time smart analytics on
board, this fully accessible coach delivers an outstanding
combination of performance and sustainability benefits to transit
operators.”
The Buy America-compliant D45 CRT CHARGE™
harnesses three high-performing technologies to deliver a more
efficient and sustainable commuter vehicle, including a high-torque
electric drive system delivering up to 90% energy recovery and
designed to efficiently handle long-distance applications at
highway speeds; next generation, high-energy, long-range batteries
delivering a range of over 225 miles with 520 kWh of battery
capacity; and interoperable plug-in battery charging from empty to
full in less than 4 hours.
"MCI continues to support North America's
operators in transitioning to 100% zero-emission coach fleets,
ultimately advancing their climate change action plans for a more
sustainable future," said Jennifer McNeill, Vice President of
Public Sector Sales and Marketing, New Flyer and MCI. “The D45 CRT
CHARGE will avoid the equivalent of approximately 80 metric tons of
greenhouse gas emissions annually, delivering immediate emission
reduction for more sustainable and healthier communities across
North America.”
The Buy America-compliant D45 CRT CHARGE™ comes
with MCI's legendary quality and reliability, retaining the
class-leading features of the D45 CRT series, known as workhorses
in the public transit industry. Through common systems and
production, a rugged stainless-steel frame for maximum durability,
modern styling, and optional 360-degree camera system and tire
monitoring system, the D45 CRT series contributes to lower
operating costs and provides an outstanding passenger experience
during the entire life of the coach.
The D45 CRT CHARGE™ uses the same interoperable
charging equipment that supports all heavy-duty electric vehicles
and leverages NFI Infrastructure Solutions™, a full suite service
providing proven project management for smart mobility projects.
The D45 CRT CHARGE™ is also equipped with NFI Connect™, an
exclusive, advanced telematics solution providing real-time
oversight of an entire fleet, improving bus uptime, and lowering
operating costs.
Today’s launch continues MCI’s vision to bring
its common coach architecture to the market, which includes the new
D45 CRT and the other D series models, including the D4520 for
private sector operations. The common platform was initially
launched with the industry leading J4500, which is now available in
zero-emission and clean diesel, and brings best in class legroom
and common vehicle systems for improved quality and ease of
maintenance.
All MCI coaches are backed by MCI support
services, including in-field expertise, a technical call center,
and 24/7 roadside assistance; ongoing technical training from the
industry’s only Automotive Service Excellence (ASE) accredited MCI
Academy technician training center; parts support from NFI Parts™,
the industry’s largest parts supplier; MCI Service Centers; and
finally, on-the-go support with the MCI Operators App and MCI
Companion App.
To provide workforce development on D45 CRT
CHARGE™ technologies, MCI will host a no-cost virtual training
session on December 8, 2022, through NFI’s Vehicle Innovation
Center (“VIC”). To register for the VIC session or to learn more
about the D45 CRT CHARGE™ fuel cell-electric bus, visit
mcicoach.com/electric.
NFI is a leader in zero-emission mobility, with
ZEBs operating (or on order) in more than 110 cities in six
countries. NFI offers the widest range of zero-emission battery-
and fuel cell-electric buses and coaches, and its vehicles have
completed over 70 million EV service miles.
Today, NFI supports growing North American
cities with scalable, clean, and sustainable mobility solutions
through a four-pillar approach that includes buses and coaches,
technology, infrastructure, and workforce development. NFI
also operates the VIC, the first and only innovation lab of
its kind dedicated to advancing bus and coach technology and
providing workforce development. Since opening in late 2017, the
VIC has hosted over 300 interactive events, welcoming 5,000
industry professionals for EV and infrastructure training.
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 7,500 team members in nine 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’s common shares trade on the Toronto Stock
Exchange (“TSX”) under the symbol NFI and its convertible unsecured
debentures trade on the TSX under the symbol NFI.DB. News and
information is available at www.nfigroup.com, www.newflyer.com,
www.mcicoach.com, www.nfi.parts, www.alexander-dennis.com,
www.arbocsv.com, and www.carfaircomposites.com.
About MCI
MCI is North America’s public and private market
motor coach leader. Products include the
luxury J-Series (an industry best-seller for over a
decade), the workhorse D-Series, and the brand new
zero-emission luxury and commuter coaches: the
battery-electric J4500 CHARGE™, D45 CRT CHARGE™ and MCI D45
CRT LE CHARGE™. MCI also provides maintenance, repair, 24-hour
roadside assistance, parts, and technician training through the
industry’s only Automotive Service Excellence (“ASE”) accredited
and award-winning MCI Academy.
Forward-Looking Statement
This press release may contain forward-looking
statements which reflect the expectations of management regarding
Motor Coach Industries’ and NFI’s strategic initiatives, new
products, business prospects and opportunities, including the
future existence and growth of a market for battery-electric motor
coaches and the economic, efficiency and reduction in emissions
benefits arising therefrom. The words “believes”, “views”,
“anticipates”, “plans”, “expects”, “intends”, “projects”,
“forecasts”, “estimates”, “guidance” and “targets”, “may”, “will”,
and similar expressions, are intended to identify forward looking
statements.
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 battery-electric
motor coaches; the D45 CRT CHARGETM is still a prototype vehicle
which is currently being tested therefore the gathering and review
of operational and emissions data are still in earlier stages;
there may not be sufficient customer demand for battery-electric
motor coaches, including the D45 CRT CHARGETM, or at all, in order
to commence or maintain manufacturing for such products; the
expected economic and efficiency improvements and expected
emissions reductions described in this release may not be as great
as those anticipated or may not be realized at all; and the other
risks and uncertainties discussed in the materials filed with the
Canadian securities regulatory authorities and available on SEDAR
at http://www.sedar.com. Due to the potential impact of these
factors, NFI 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.
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.
For media inquiries, please contact:Melanie
McCreathMelanie.McCreath@nfigroup.com
For investor inquiries, please contact:Stephen
KingP: 204.224.6382Stephen.King@nfigroup.com
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