NFI Group Inc T.NFI

Alternate Symbol(s): NFYEF | T.NFI.DB

Industrials

NFI Group Inc. is a Canada-based independent bus and coach manufacturer. The Company specializes in zero-emission electric mass mobility solutions. Its segments include Manufacturing Operations and Aftermarket Operations. Manufacturing Operations segment includes design, manufacture, service and support of new transit buses, motor coaches, medium-duty, cutaway buses, and installation of infrastructure for electric vehicles and fiberglass reinforced polymer components. It offers aftermarket parts for transit buses, coaches and medium duty/cutaway buses, both for the Company's and third-party products. It offers a range of sustainable drive systems, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. The Company's brands include New Flyer (heavy-duty transit buses), MCI (motor coaches), Alexander Dennis Limited (single- and double-deck buses), Plaxton (motor coaches), and ARBOC (low-floor cutaway and medium-duty buses).

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NFI Group Inc > Electrification of transit will require time to overcome-CBC

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Comment by northcoaston Dec 02, 2020 4:23pm

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RE:Electrification of transit will require time to overcome-CBC

Thanks for the CBC article on electric buses. Out of the three companies supplying buses, NFI is Canadian and the largest. Another tailwind upcoming for this company. Short term we have the quarterly dividend by the end of this month and introduction of vaccines in England where NFI has a presence. This company has been oversold for too long and is now regaining strongly. I think we'll see $22/share before the end of the month.

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