NFI Group Inc ( (TSE:NFI) ) just unveiled an update.
NFI Group Inc.’s subsidiary, New Flyer, has secured a significant contract with the Washington Metropolitan Area Transit Authority for up to 500 low- and zero-emission buses. This contract, which includes firm orders for hybrid and battery-electric buses, strengthens New Flyer’s backlog and positions the company for long-term collaboration with Metro, addressing challenges like supply chain disruptions with flexible pricing and delivery terms.
More about NFI Group Inc
NFI Group Inc. is a leading independent manufacturer in the bus and coach industry, specializing in zero-emission electric mass mobility solutions. Its subsidiary, New Flyer of America Inc., contributes to this market focus by delivering innovative transit buses.
YTD Price Performance: -23.49%
Average Trading Volume: 301,488
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$1.31B
See more data about NFI stock on TipRanks’ Stock Analysis page.