Core Insights - NFI Group Inc.'s subsidiary, New Flyer Industries Canada ULC, received an order from OC Transpo for 50 clean-diesel buses valued at approximately $75 million CAD, which will enhance transit reliability in Ottawa [2][3] Group 1: Company Developments - The order will replace aging buses and is part of a Metrolinx contract, adding 100 equivalent units to New Flyer's Q2 backlog [2] - This marks the fourth order from OC Transpo in two years, indicating a strong partnership and commitment to modernizing the fleet with high-capacity buses [3] - NFI's mobility solution ecosystem includes buses, infrastructure, parts, technology, and workforce development, showcasing its comprehensive approach to mass mobility [5] Group 2: Industry Context - OC Transpo operates an integrated transit system in Ottawa, facilitating nearly 100 million customer trips annually, highlighting the demand for reliable transit solutions [4] - NFI is positioned as a leader in the electrification of mass mobility, offering a wide range of sustainable drive systems, including zero-emission options [6][7] - New Flyer supports over 35,000 heavy-duty transit buses in service, with a significant portion powered by electric and zero-emission technologies, reflecting the industry's shift towards sustainability [9]
City of Ottawa’s OC Transpo Orders 50 New Flyer Xcelsior® Clean-Diesel 60-foot Buses
Globenewswire·2025-11-13 13:00