NFI Group’s New Flyer Secures Major Bus Order from Durham Region Transit

An update from NFI Group Inc ( (TSE:NFI) ) is now available.

NFI Group Inc.’s subsidiary, New Flyer, has secured orders for 43 buses from Durham Region Transit, comprising seven battery-electric and 36 clean-diesel buses. This order aims to replace aging vehicles and expand DRT’s fleet, enhancing public transit services in Ontario’s Durham region and supporting sustainable mobility 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. Its subsidiary, New Flyer Industries Canada ULC, focuses on providing sustainable transit solutions across Canada.

YTD Price Performance: -21.83%

Average Trading Volume: 319,895

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$1.34B

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