RTC of Southern Nevada exercises option for 50 more low-emission buses from NFI subsidiary New Flyer

Core Viewpoint - New Flyer of America Inc. has received an order from the Regional Transportation Commission of Southern Nevada for 19 sixty-foot and 31 forty-foot Xcelsior compressed natural gas buses, valued at approximately $56 million, which will enhance sustainable transit solutions for the region's 64 million annual riders [2][3]. Group 1: Company Overview - New Flyer is a leading provider of diverse and sustainable mobility solutions and a subsidiary of NFI Group Inc. [2] - The company has over 450 years of combined experience and offers a wide range of propulsion-agnostic bus and coach platforms, including electric models [5]. - NFI supports an installed base of over 100,000 buses and coaches globally, with a focus on sustainable drive systems [6]. Group 2: Contract Details - The order for the buses is part of two five-year contracts with RTC, supported by local and Federal Transit Administration funds, and complies with Buy America requirements [3]. - The low-emission buses will replace end-of-life vehicles, ensuring efficient, safe, clean, and sustainable transit [3]. Group 3: Partnership and Impact - New Flyer and RTC have partnered for over three decades, delivering more than 900 buses, with over 500 utilizing low-emission CNG propulsion [4]. - RTC's mission includes promoting sustainability, improving air quality, enhancing mobility, and elevating the quality of life in Southern Nevada [4]. Group 4: Product Features - Xcelsior CNG buses offer an extended range of 350-400 miles, making them suitable for the demands of Southern Nevada commuters [4]. - New Flyer actively supports over 35,000 heavy-duty transit buses currently in service, with a significant portion powered by electric motors and battery propulsion [8].