NFI NFI Group Inc.

NFI’s UK electric vehicle partnership with BYD achieves major milestone with delivery of its 500th electric bus and is well positioned for the future with an additional 500 EV buses on order across the UK

NFI’s UK electric vehicle partnership with BYD achieves major milestone with delivery of its 500th electric bus and is well positioned for the future with an additional 500 EV buses on order across the UK

WINNIPEG, Manitoba, May 20, 2021 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that the BYD UK and Alexander Dennis Limited (ADL) electric vehicle partnership, the UK’s leading electric bus producer, has delivered its 500th electric bus. This major milestone comes less than five years after rolling out its first battery-electric bus and will see the 500th vehicle, a zero-emission Enviro400 double deck bus, join the fleet of the partnership’s original customer, Go-Ahead London.

As the UK’s transition to zero-emission transport continues to accelerate, the BYD ADL partnership has already taken firm orders for the next 500 electric buses for public transit operators. In a testament to the UK’s leadership in zero-emission vehicle adoption, these 500 new vehicles are expected to be delivered over the next 12 months and will bring the partnership’s total deliveries to over 1,000 units.

BYD is a global leader in batteries, energy management and electric mobility, while ADL is a subsidiary of leading independent global bus manufacturer NFI. BYD and ADL combined their strengths in October 2015 to offer reliable and cost-effective electric buses for operators in the UK, Ireland and New Zealand. The partnership has been a tremendous success, and it continues to strengthen with plans for complete UK builds at ADL’s facilities to start later in 2021.

Go-Ahead London has worked closely with the BYD ADL partnership since its inception, becoming its launch customer in 2016 and continuing to support product development with its operational experience. The very first BYD ADL electric bus – a BYD ADL Enviro200EV single decker – joined the handover of the 500th as the manufacturers paid tribute to Go-Ahead London’s crucial role in the deployment of electric buses in the UK. Go-Ahead is now the country’s biggest operator of electric buses, having received nearly half of the 500 BYD ADL electric buses delivered so far.

Paul Soubry, President & Chief Executive Officer of NFI, said: “The milestone of 500 electric buses delivered is an exciting one, for NFI, for the BYD ADL partnership, and for the UK. It’s very fitting that our 500th bus be delivered to Go-Ahead, as they are a driving force in the UK’s adoption of zero-emission transit and have been supporting our partnership since the beginning. The world of transportation is changing, and NFI continues to lead the evolution to electrification in the UK and around the world through a focus on delivering the highest quality products and working with industry leading partners.”

NFI is leading the global electrification of mass mobility, operating in more than 80 cities in four countries that have completed over 40 million electric service miles. NFI also operates the Vehicle Innovation Center, the first and only innovation lab of its kind dedicated to advancing bus and motor coach technology and providing essential workforce development through electric bus training, now available online. NFI is testing automated vehicle technology and remains committed to the development of technology standards that deliver safe, clean, sustainable, connected mobility options to communities. In addition, NFI’s Infrastructure Solutions team, which provides safe and reliable infrastructure services for sustainable mobility projects, has installed over 200 chargers to date.

About NFI

Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation.

With 8,000 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motor coaches), Alexander Dennis Limited (single and double-deck buses), Plaxton (motor coaches), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts™. NFI currently offers the widest range of sustainable drive systems available, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. In total, NFI supports its installed base of over 105,000 buses and coaches around the world. NFI common shares are traded on the Toronto Stock Exchange under the symbol NFI. News and information is available at , , , , , and .

For media inquiries, please contact:

Lindy Norris

P: 320.406.3386

For investor inquiries, please contact:

Stephen King

P: 204.224.6382

A photo accompanying this announcement is available at



EN
20/05/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on NFI Group Inc.

 PRESS RELEASE

NFI provides update for the third quarter of 2025

NFI provides update for the third quarter of 2025 WINNIPEG, Manitoba, Sept. 26, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI or the Company) a leader in propulsion-agnostic bus and coach solutions, today provided an update on its deliveries and operations for the third quarter of 2025, including a battery recall filed with the National Highway Traffic Safety Administration and Transport Canada. All figures quoted in U.S. dollars unless otherwise noted. Operational and Supply Chain Update Deliveries: Some of NFI’s planned third quarter vehicle deliveri...

 PRESS RELEASE

NFI’s Alexander Dennis proposes to maintain bus manufacturing in Scotl...

NFI’s Alexander Dennis proposes to maintain bus manufacturing in Scotland LARBERT, United Kingdom, Sept. 15, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, subsidiary Alexander Dennis, today announced that following intensive engagement with internal and external stakeholders, the company intends to keep its Scottish manufacturing sites open and operational. The proposal to maintain operations was made possible through the advocacy and intervention of the Scottish Government and Scottish ...

 PRESS RELEASE

NFI releases its Sustainability Report for 2024

NFI releases its Sustainability Report for 2024 WINNIPEG, Manitoba, Aug. 12, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI, or the Company) a recognized leader in propulsion-agnostic bus and coach mobility solutions, today released its Sustainability Report for 2024 (the Sustainability Report, or Report), which can be found at . “At NFI, sustainability is more than a core value—it’s a guiding principle that shapes how we operate across our value chain.” said Janice Harper, Executive Vice President, People and Culture. “In 2024, our team took important...

 PRESS RELEASE

NFI’s Alexander Dennis opens Las Vegas manufacturing facility and deli...

NFI’s Alexander Dennis opens Las Vegas manufacturing facility and delivers local Enviro500 double deckers LAS VEGAS, Aug. 06, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, subsidiary Alexander Dennis, today celebrated the official opening of its U.S. manufacturing facility in Las Vegas. To commemorate the facilities launch it handed over the first two of 10 new Enviro500 double deck buses to the Regional Transportation Commission of Southern Nevada (RTC). The opening of the new manufac...

 PRESS RELEASE

NFI Announces Second Quarter Results

NFI Announces Second Quarter Results Improvements in Revenue, Gross Margin, Adjusted EBITDA1 and Liquidity with a total backlog of $13.5 billion WINNIPEG, Manitoba, July 31, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. ("NFI" or the "Company"), a leader in propulsion-agnostic bus and coach mobility solutions, today announced its unaudited interim condensed consolidated financial results for the second quarter of 2025. All figures quoted in U.S. dollars unless otherwise noted. Second Quarter Highlights Deliveries: 1,076 equivalent units ("EUs"), with 30.9...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch