New Jersey orders additional 375 Xcelsior® clean-diesel buses from New Flyer

Core Insights - NFI Group Inc. has received an order for 375 Xcelsior 40-foot clean-diesel transit buses from New Jersey Transit Corporation, part of a larger fleet replacement program [3][4] - The original contract included a base order of 550 buses with options for an additional 750 units, now fully completed [4] - The new buses are designed to enhance safety, accessibility, and reliability for NJ TRANSIT, supporting the modernization of its fleet by 2031 [5][6] Company Overview - NFI Group is a leader in bus and coach mobility solutions, with a focus on clean-diesel and electric buses, and operates under various brands including New Flyer and MCI [10][12] - The company supports over 100,000 buses and coaches globally, emphasizing sustainable transportation solutions [10] - NFI's Vehicle Innovation Center has hosted over 590 events since its opening in 2017, focusing on advancing bus technology and workforce development [8] Industry Context - NJ TRANSIT is the largest statewide transit system in the U.S., providing essential transportation services to hundreds of thousands of daily riders [6] - The investment in new buses is part of a broader strategy to modernize public transit infrastructure, improving service reliability and community connectivity [6][7] - The partnership with New Flyer reinforces the importance of domestic manufacturing and job security in the public transit sector [7]