NFI Group's Nevada customer exercises options for buses

Executive Summary

• New Flyer of America Inc. (subsidiary of NFI Group Inc.) confirmed that the Regional Transportation Commission of Southern Nevada (RTC) has exercised options for 50 additional low-emission compressed natural gas (CNG) buses.
• The order consists of 19 60-foot and 31 40-foot Xcelsior CNG buses, valued at approximately $56 million.
• This order was included in NFI's fourth quarter 2025 firm backlog and is supported by local and Federal Transit Administration funds, adhering to Buy America requirements.

Key Details

• Customer: Regional Transportation Commission of Southern Nevada (RTC).
• Vehicle Specifications:
  • 19 units of 60-foot Xcelsior CNG buses.
  • 31 units of 40-foot Xcelsior CNG buses.
• Financial Value: Approximately $56 million.
• Contract Structure: Options exercised under two existing five-year contracts.
• Funding Sources: Local funds and Federal Transit Administration funds.
• Regulatory Compliance: Meets Buy America requirements, supporting U.S. manufacturing jobs.
• Operational Context:
  • Buses will replace end-of-life vehicles.
  • Serves a region with 64 million annual riders.
  • Xcelsior CNG buses offer an extended range of 350 to 400 miles.
• Historical Context: New Flyer has delivered over 900 buses to RTC to date, with more than 500 utilizing low-emission CNG propulsion.

Notable Quotes

• "For more than three decades, New Flyer and RTC have partnered to deliver efficient and reliable transportation options tailored to the community's evolving needs, delivering over 900 buses to date, with more than 500 utilizing low-emission CNG propulsion," said Chris Stoddart, president, North American bus and coach, NFI. "Xcelsior CNG buses offer an extended range of 350 to 400 miles. They are the ideal solution to meeting the demands of Southern Nevada commuters."