NFI Group’s New Flyer Secures Major Orders for Sustainable Buses in Maryland

Story Highlights
  • NFI Group Inc. specializes in zero-emission buses and sustainable mobility solutions.
  • New Flyer secures orders for 117 eco-friendly buses from Maryland Transit Administration.
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NFI Group’s New Flyer Secures Major Orders for Sustainable Buses in Maryland

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

NFI Group Inc.’s subsidiary, New Flyer, has secured significant orders from the Maryland Transit Administration for 117 low- and zero-emission buses. This move strengthens New Flyer’s position in providing sustainable transit solutions and supports Maryland’s efforts to reduce emissions and enhance its transit infrastructure. The orders include hybrid-electric and battery-electric buses, which align with the agency’s sustainability goals and ensure operational efficiency.

More about NFI Group Inc

NFI Group Inc. is a global leader in mass mobility solutions, specializing in zero-emission buses and coaches. With a presence in over ten countries, NFI offers a wide range of sustainable drive systems, including electric, natural gas, and hybrid options. The company operates under several brands, including New Flyer, MCI, and Alexander Dennis Limited, supporting an installed base of over 100,000 buses and coaches worldwide.

YTD Price Performance: -7.00%

Average Trading Volume: 356,429

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$1.6B

For an in-depth examination of NFI stock, go to TipRanks’ Stock Analysis page.

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