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NFI subsidiary gets order for 33 zero-emission double deck buses

Jim Wilkie Jim Wilkie, The Market Online
0 Comments| February 12, 2024

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  • NFI Group Inc. subsidiary Alexander Dennis Ltd. announced Monday that Sound Transit has ordered 33 zero-emission Enviro500EV buses.
  • The double deck buses for the authority that provides regional transit in the Seattle metropolitan area are scheduled for delivery in 2026
  • The buses will be built in the United States by Alexander Dennis’ partner Big Rig Manufacturing and comply with Buy America regulations
  • NFI Group shares were up 1.38 per cent to C$12.17 as of 11:42 am.

NFI Group Inc. (TSX:NFI, OTC:NFYEF, TSX:NFI.DB) subsidiary Alexander Dennis Ltd. announced Monday that Sound Transit has ordered 33 zero-emission Enviro500EV buses.

The double deck buses for Sound Transit, which provides regional transit in the Seattle metropolitan area, are scheduled for delivery in 2026 by Alexander Dennis Inc., the U.S. affiliate of Alexander Dennis, and will be built in the United States by Alexander Dennis’ partner Big Rig Manufacturing.

“We are excited to once again be working with our long-standing customer Sound Transit in the Puget Sound region who have selected our Enviro500EV with next-generation technology for their new Stride bus rapid transit service,” Stephen Walsh, vice president for Alexander Dennis in North America, said in a news release.

Alexander Dennis stated that this order will introduce its next-generation electric bus technology to North America after successfully launching in the United Kingdom and Asia-Pacific Region.

The electric buses will serve the new Stride bus rapid transit, which Sound Transit is developing along Interstate 405 to link communities north, east, and south of Lake Washington to one another and to light rail connections.

“This award highlights the resurging demand for Alexander Dennis’ double deck buses in North America following the relaunch of Buy America compliant production with Big Rig Manufacturing,” Walsh said in a statement. “The order was placed after we completed extensive route mapping exercises in conjunction with Sound Transit, using automotive-grade modelling to fully understand the operational requirements. This ensures that the Enviro500EV will take Stride in their stride and give riders a smooth journey experience.”

Sound Transit was an early adopter of double deck buses and uses a fleet of 50 Enviro500 on express routes operating out of Everett, Washington.

Click to enlarge
Sound Transit’s Stride Enviro500EV double decker bus. (Source: Alexander Dennis Ltd.)

The Stride Enviro500EV will be the first Alexander Dennis in North America using the manufacturer’s next-generation zero-emission technology platform, according to the NFI Group. They combine the efficient Voith Electrical Drive System with increased energy storage capacity and the North American industry-first use of inductive opportunity charging, via Pennsylvania-based InductEV, on double deck buses to enhance range and operational performance.

NFI Group is a leader in zero-emission mobility, with electric vehicles operating (or on order) in more than 150 cities in six countries. NFI offers the widest range of zero-emission battery and fuel cell-electric buses and coaches, and its vehicles have completed more than140 million EV service miles.

NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation.

Alexander Dennis Ltd. is a global leader in the design and manufacture of double deck buses and is also the UK’s largest bus and coach manufacturer.

NFI Group shares were up 1.38 per cent to C$12.17 as of 11:42 am. The stock is up 9.9 per cent from a year ago, but down from its 52-week high of C$14.55.

Join the discussion: Find out what everybody’s saying about this stock on the NFI Group Inc. Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.



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