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CapMetro orders 30 chargers from NFI Infrastructure Solutions (TSX:NFI)

Shoran Devi, The Market Herald
0 Comments| January 3, 2023

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  • NFI Group (NFI) announced that CapMetro has exercised options to purchase 30 Heliox 180 kWh depot overhead chargers
  • The Heliox depot overhead chargers will support CapMetro’s initiative of transitioning to a battery-electric bus fleet
  • NFI Group is a Canadian automobile manufacturer
  • NFI Group Inc. (NFI) is up 0.42 per cent, trading at C$9.56 per share at 1:58 pm ET

NFI Group (NFI) announced that CapMetro has exercised options to purchase 30 Heliox 180 kWh depot overhead chargers.

Capital Metro Transportation Authority (CapMetro) provides public transportation services. It delivers more than 20 million annual trips through bus, paratransit, and commuter rail services.

The purchase includes 90 pantograph dispensers by NFI Infrastructure Solutions. The purchase is part of CapMetro’s five-year contract with the NFI subsidiary of New Flyer of America for up to 171 battery-electric buses and 427 chargers.

The Heliox depot overhead chargers will support CapMetro’s initiative of transitioning to a battery-electric bus fleet. The order will also support Project Connect, which is CapMetro’s and the City of Austin’s joint initiative to improve the public transportation network across the Central Texas region.

Chris Stoddart, President of North American Bus and Coach, NFI, commented on the news.

“For 25 years, NFI has supported CapMetro with efficient, safe, and accessible transit solutions. It has delivered more than 360 vehicles to CapMetro since 1997. NFI now continues to enable CapMetro’s transition to zero-emission mobility through its reliable, safe, and sustainable infrastructure services.”

NFI Group is a Canadian automobile manufacturer. NFI Infrastructure Solutions provides safe and reliable infrastructure services. The company offers the widest range of zero-emission battery and fuel cell electric buses and coaches.

NFI Group Inc. (NFI) is up 0.42 per cent, trading at C$9.56 per share at 1:58 pm ET.




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