NFI Group signs deal with TTC for up to 621 battery-electric transit buses

NFI Group Inc. says it has signed a five-year deal to build up to 621 40-foot battery-electric buses for the Toronto Transit Commission.

The contract includes a firm order for 186 Xcelsior Charge NG heavy-duty transit buses, as well as the option for up to an additional 435 of the same buses.

Financial terms of the agreement were not immediately available.

Winnipeg-based NFI says it added 261 buses to its backlog in the first quarter of 2023 based on the TTC’s initial base firm and option order.