NFI Group Secures Major Bus Contract with York Region Transit

Story Highlights
  • NFI Group Inc. is a leading bus manufacturer focusing on sustainable transit solutions.
  • New Flyer wins contract for 170 buses with York Region Transit, boosting regional connectivity.
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NFI Group Secures Major Bus Contract with York Region Transit

NFI Group Inc ( (TSE:NFI) ) has shared an update.

NFI Group Inc.’s subsidiary, New Flyer, has secured a contract with York Region Transit for 170 Xcelsior clean-diesel buses, enhancing its position in the sustainable mobility sector. This order, part of NFI’s Q4 2024 backlog, will support York Region Transit’s mission of connecting communities in Ontario, improving efficiency, and reducing operating costs.

More about NFI Group Inc

NFI Group Inc. is a leading independent bus and coach manufacturer, known for its subsidiary New Flyer Industries Canada ULC. The company specializes in providing sustainable mobility solutions, focusing on clean-diesel and battery-electric transit buses, which cater to various transit agencies and regions.

YTD Price Performance: -23.01%

Average Trading Volume: 339,424

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$1.31B

See more data about NFI stock on TipRanks’ Stock Analysis page.

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