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NFI Group Secures Major Zero-Emission Bus Contract with OCTA

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NFI Group Secures Major Zero-Emission Bus Contract with OCTA

NFI Group Inc ( (TSE:NFI) ) has shared an update.

NFI Group Inc.’s subsidiary, New Flyer, has secured a contract from the Orange County Transportation Authority (OCTA) for 50 zero-emission buses, including hydrogen fuel cell-electric and battery-electric models. This order, supported by federal and local funding, highlights OCTA’s commitment to advanced transportation technology and strengthens NFI’s position in the zero-emission transit market, enhancing economic growth and energy efficiency in Orange County.

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 of America Inc., focuses on delivering innovative transit solutions, including hydrogen fuel cell-electric and battery-electric buses.

YTD Price Performance: -18.36%

Average Trading Volume: 308,902

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$1.4B

See more insights into NFI stock on TipRanks’ Stock Analysis page.

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