ADL BEGINS VOLUME DELIVERIES OF BERLIN’S NEXT GENERATION OF DOUBLE DECK BUSES
Larbert, Scotland, UK – 4th January 2022: (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) Alexander Dennis Limited (“ADL”), a subsidiary of NFI Group Inc. (“NFI”), one of the world’s leading independent global bus manufacturers, today announced that it has delivered the first series-production Enviro500 buses for Berliner Verkehrsbetriebe (“BVG”) of Berlin at the start of volume deliveries which will take the German capital’s fleet of ADL double deckers to 200.
BVG signed a multi-year framework contract with ADL subsidiary Alexander Dennis Germany GmbH as the supplier of its next generation of double deck buses in 2018 and placed its main order in March 2021 following a successful testing programme with two pre-series vehicles delivered the previous year. Production has now ramped up at ADL’s factory in Scarborough, England to deliver up to five buses per week for most of 2022.
ADL has recruited an experienced local team and invested in office space, a workshop and a parts warehouse in Berlin to facilitate the deliveries and support the vehicles in service.
The Enviro500 for BVG are 13.8 metres long and 4.06 metres tall. Their specification was tailored to the customer’s requirements and while small modifications were made following experience with the pre-series vehicles, the concept retains three doors and two staircases for rapid boarding and alighting on busy urban services while carrying up to 112 passengers, 80 of them seated.
Paul Davies, ADL President & Managing Director, said: “Double deckers have been a familiar sight on the streets of Berlin for generations and we are humbled to be the first international supplier of these iconic buses. Our global experience as the world’s leading manufacturer of double deck buses has allowed us to develop a vehicle that respects local traditions and requirements while reducing energy use through our durable yet lightweight construction. We look forward to seeing our fleet grow over the next year as all 200 new Enviro500 buses enter service in Berlin.”
Forward-Looking Statements
This press release may contain forward-looking statements relating to expected future events and financial and operating results of NFI that involve risks and uncertainties. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward-looking statements, and the differences may be material. Actual results may differ materially from management expectations as projected in such forward-looking statements for a variety of reasons, including market and general economic conditions and economic conditions of and funding availability for customers to purchase buses and to purchase parts or services, customers may not exercise options to purchase additional buses, the ability of customers to suspend or terminate contracts for convenience and the other risks and uncertainties discussed in the materials filed with the Canadian securities regulatory authorities and available on SEDAR at www.sedar.com. Due to the potential impact of these factors, NFI disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.
