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NFI Group Secures Major Order for Electric Buses from New York MTA

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NFI Group Inc ( (TSE:NFI) ) just unveiled an update.

NFI Group Inc.’s subsidiary, New Flyer, has secured an order from New York’s Metropolitan Transit Authority (MTA) for 265 zero-emission buses as part of their effort to transition to a fully electric fleet by 2040. This order is a significant step in the MTA’s plan to reduce greenhouse gas emissions by 85% by 2040, highlighting NFI’s role in supporting sustainable transit initiatives.

More about NFI Group Inc

NFI Group Inc. is a leading independent bus and coach manufacturer specializing in zero-emission electric mass mobility solutions. The company operates through its subsidiary, New Flyer of America Inc., and focuses on providing sustainable transit solutions.

YTD Price Performance: -30.21%

Average Trading Volume: 295,259

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$1.2B

Find detailed analytics on NFI stock on TipRanks’ Stock Analysis page.

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