NFI named partner of choice by 38 major transit agencies

WINNIPEG — NFI Group Inc. says its subsidiary New Flyer of America Inc. has been named partner of choice by 38 major transit agencies across the United States for its project awards from the Federal Transit Administration’s 2022 Low or No Emission Bus Grant Programs.

New Flyer supported the applications for over $380 million in grants awarded to 38 U.S. public transit agencies and was the named partner for two individual agency awards of over $25 million each.

This represented an increase from the $40 million in Low-No grants awarded to nine U.S. public transit agencies that NFI subsidiaries supported in 2021.

While New Flyer has been named as a partner, new awards will not be added to NFI’s backlog until contract documentation is completed and a formal purchase order is received.

“NFI is proud that subsidiary New Flyer has been selected as the partner of choice for numerous public transit agencies as they look to reduce emissions in their cities through these FTA grant programs” said Chris Stoddart, president, North American Bus and Coach, NFI in a statement.

“The growth in these FTA grant programs, from $182 million in 2021 to over $1.6 billion of funding in 2022, is a testament to the strong tailwind of public support that will inevitably transform America into an electric bus future.”

Grant funds support the procurement of ZEBs and the associated charging infrastructure from New Flyer. In addition to those awards where New Flyer is a named partner, almost $800 million of Low-No and Buses and Bus Facilities awards were made to other U.S. public transit agencies that have not yet to select a specific provider. The company expects these awards to create future bidding opportunities for NFI’s businesses as programs are released by agencies.