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NFI Group ($NFYEF) Receives Landmark Order for Zero Emission Next-Gen Buses from Stagecoach

25 June 2024

NFI Group (OTCMKTS: NFYEF) subsidiary Alexander Dennis, has announced that the company has received an order from Stagecoach for 244 next-generation zero-emission buses

The new purchase order will include 180 new Enviro 400 double-deckers, which will feature improved energy efficiency and batteries, to ensure low total cost of ownership.

Additionally, the order includes 54 Enviro200EV single-deckers in lengths of 10.9m and 11.7m, marking the first order for Alexander Dennis’s new integral single-decker model, launching next year.

Completing the order are 10 Enviro100EV small buses, measuring 8.5m in length, ideal for town services due to their maneuverability, durability, comfort, and 354kWh batteries.

Paul Davies, Alexander Dennis President & Managing Director stated: “This landmark deal with Stagecoach confirms the benefits of our next-generation electric buses, which have been carefully designed to deliver a highly attractive total cost of ownership proposition.”

NFI Group is a leader in zero-emission mobility, with electric vehicles operating in more than 120 cities in six countries. 

Shares of NFI Group trade on the OTC under the ticker symbol NFYEF.

 

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