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NFI Group Inc
Symbol NFI
Shares Issued 118,961,932
Close 2024-02-23 C$ 12.16
Market Cap C$ 1,446,577,093
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NFI's Alexander completes Zemo testing of Enviro400EV

2024-02-26 12:32 ET - News Release

Mr. Chris Gall reports

NFI SUBSIDIARY ALEXANDER DENNIS' NEXT-GEN ENVIRO400EV CONFIRMED AS THE MOST EFFICIENT BATTERY-ELECTRIC DOUBLE-DECKER TESTED VIA ZEMO IN THE UK

NFI Group Inc. subsidiary Alexander Dennis Ltd.'s next-generation Enviro400EV electric double-decker has completed the Zemo Partnership's zero-emission bus testing and certification program.

The work, which was undertaken at UTAC's approved test facility at Millbrook Proving Ground, confirms an average energy consumption of just 0.67 kilowatt-hour/kilometre across the U.K. Bus Cycle. This makes the next-generation Enviro400EV the most efficient battery-electric double-decker tested to Zemo Partnership standards to date, delivering a 10-per-cent efficiency advantage over competitors' vehicles of comparable battery size.

The Zemo Partnership certifies vehicles following independent physical testing to ensure public money such as the U.K. government's Zero-Emission Regional Bus Areas (ZEBRA) or the Scottish government's Zero Emission Bus Challenge Fund (ScotZEB) supports proven zero-emission vehicle technologies that will perform in service. The certificates provide an independent means for operators to compare different suppliers and technologies on a like-for-like basis.

The U.K. Bus Cycle represents a mix of common operating conditions with separate phases modelled on inner urban, outer urban and rural routes. Thanks to its use of the heavy-duty version of the Voith electrical drive system, the Enviro400EV is extremely efficient across all parts of the cycle, including the demanding inner urban element. This ensures operators will be able to minimize their energy costs even on highly intensive services in such as those in London, boosting value and keeping total cost of ownership low.

Combined with the Enviro400EV's future-proof battery system, which is supplied by Impact Clean Power Technology and allows 88 per cent of its 472 kWh capacity to be used, the 0.67 kWh/km energy consumption in the U.K. Bus Cycle gives the electric double-decker a stunning theoretical operating range of up to 620 km (385 miles) on a single charge.

Alexander Dennis uses automotive industry-standard modelling tools to calculate indicative illustrations of efficiency, range and battery degradation under real-world conditions for an operator's specific routes. This multiphysics simulation is conducted in collaboration with operators and is the most reliable guide to actual performance on any given duty cycle, giving customers the peace of mind that their next-generation electric buses will perform as required.

This is further enhanced by whole-vehicle AD24 aftermarket support throughout the vehicles' operational lives, including the ability to monitor actual vehicle performance using AD Connect telematics.

Alexander Dennis group engineering director Chris Gall said: "Our next-generation Enviro400EV's class-leading energy efficiency of 0.67 kWh/km is testament to Alexander Dennis's lineage and strength in designing innovative products meeting the needs of the U.K. bus industry.

"The result demonstrates not just to the expertise of our fantastic engineering team who designed and developed the bus -- it also confirms the efficacy of the system of zero-emission bus testing overseen by the Zemo Partnership. The process encourages us and our fellow U.K. manufacturers to continually raise the bar, bringing down customers' operating costs through reduced energy consumption and ensuring the transition to zero-emission technology is both sustainable and profitable."

In addition to demonstrating the Enviro400EV's exceptional energy efficiency, its zero-emission bus certification also confirms that its well-to-wheel greenhouse gas emissions when charged with U.K. grid electricity are 84 per cent lower than those of an average Euro VI diesel equivalent vehicle. This allows the next-generation Alexander Dennis electric bus to deliver a substantial net reduction in life cycle carbon emissions.

Over 150 next-generation Alexander Dennis Enviro400EVs have been sold to date, to customers including Stagecoach and Transdev, with deliveries of the first completed vehicles imminent.

NFI 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 over 150 million EV service miles.

About NFI Group Inc.

Leveraging 450 years of combined experience, 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.

With over 8,500 team members in 10 countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer (heavy-duty transit buses), MCI (motor coaches), Alexander Dennis (single- and double-deck buses), Plaxton (motor coaches), Arboc (low-floor cutaway and medium-duty buses) and NFI Parts. NFI currently offers the widest range of sustainable drive systems available, including zero-emission electric (trolley, battery and fuel cell), natural gas, electric hybrid and clean diesel. In total, NFI supports its installed base of over 100,000 buses and coaches around the world. NFI's common shares trade on the Toronto Stock Exchange under the symbol NFI and its convertible unsecured debentures trade on the TSX under the symbol NFI.DB.

About Alexander Dennis Ltd.

Alexander Dennis is a global leader in the design and manufacture of double-deck buses and is also the United Kingdom's largest bus and coach manufacturer. Alexander Dennis offers single- and double-deck vehicles under the brands of Alexander Dennis and Plaxton, and has over 31,000 vehicles in service in the U.K., Ireland, Europe, Hong Kong, Singapore, New Zealand, Mexico, Canada and the United States.

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