NFYEF - NFI nabs order for 165 hybrid-electric buses from Mississauga Ontario's MiWay

NFI (OTCPK:NFYEF) announced that Mississauga Transit has awarded its subsidiary New Flyer Industries Canada a 2-year contract for 127 Xcelsior 40-foot hybrid-electric buses and 38 Xcelsior 60-foot hybrid-electric buses for a total of 203 EUs. MiWay is Ontario’s third-largest municipal public transit system that operates 500 buses, delivering 55M+ annual rides. New Flyer equips all 165 hybrid-electric buses with BAE Systems nex-gen Modular Accessory Power System offering a multi-functional and light-weight modular design.

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NFI nabs order for 165 hybrid-electric buses from Mississauga Ontario's MiWay