NFI Group (TSE:NFI) has released an update.
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NFI Group’s subsidiary, New Flyer, has landed two significant contracts from the New York City Transit Authority for up to 2,090 Xcelsior transit buses, bolstering their Q1 2024 backlog by 3,050 equivalent units. These contracts include firm orders for various models of battery-electric and clean diesel buses, aligning with NYCT’s environmental commitment to drastically reduce greenhouse gas emissions by 2040.
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