CA - NFI subsidiary secures contracts from PTD for up to 346 New Flyer low- and zero-emission vehicles
2023-05-25 07:59:38 ET
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New Flyer of America, a subsidiary of NFI Group ( OTCPK:NFYEF ) announced that its subsidiary New Flyer Industries has received new firm orders for six zero-emission fuel cell-electric and 20 low-emission hybrid-electric transit buses from the Phoenix Public Transit Department (PTD).
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The two five-year contracts include options to purchase up to 160 fuel cell-electric and 160 hybrid-electric transit buses in 40-foot lengths.
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In total, NFI added up to 346 low- and zero-emission buses to its backlog in the first quarter of 2023 from firm and option orders.
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The purchase of low- and zero-emission buses will deliver on PTD's Transportation 2050 plan, focused on extending the bus service to enhance transit connectivity across Phoenix.
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PTD provides transportation services in the city of Phoenix, the fifth largest city in the United States, and other cities across the Valley Metro, delivering more than 20 million annual revenue service miles on 644 transit vehicles.
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NFI subsidiary secures contracts from PTD for up to 346 New Flyer low- and zero-emission vehicles