NFI Group Inc T.NFI

New Press Release - Sound Transit orders 33 Enviro500EV battery-electric double deck buses from NFI subsidiary Alexander Dennis

LARBERT, United Kingdom, Feb. 12, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (“Alexander Dennis”) today...read article.

[moneyguy87]

I don't think the market realizes what this could mean for NFI. National Bank put out a research  note last week (price target $18) outlining the possible outcomes of the task force set up by the US gov't to assist makers of EV buses. This due to the fact that there are only two left - NFI and a private - and the govt wants to convert their mass transit systems from diesel to

[TELEMARKER]

BLBD Blue Bird is a $1 billion market cap bus manufacturer in USA

[downwithdotcom1]

If i am not mistaken Blue Bird does NOT build transit buses right now.  Rather they build SCHOOL BUSES for many different applications. Similar, but not the same-maybe with govt funding they will but they have chosen to stick with what they do best (as NFI does the same building strictly transit)...dwdc