Draft:ARBOC Specialty Vehicles

NFI subsidiary ARBOC partners with XL Fleet to Offer Hybrid Electric Bus Option

Retrieved on: 
Tuesday, July 27, 2021
NFI Group, Paul Soubry, NFI, Low-floor bus, Draft:ARBOC Specialty Vehicles

MIDDLEBURY, Ind., July 27, 2021 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in mobility solutions, today announced that XL Fleet Corp. (NYSE: XL) (“XL Fleet”) and NFI subsidiary ARBOC Specialty Vehicles, LLC (“ARBOC”) have announced a partnership to electrify ARBOC Freedom low-floor buses with the XL Hybrid (XLH™) electric propulsion system. The wheelchair-accessible buses are built on the GM 4500 chassis and are now available for purchase with an installed XL Hybrid system through the ARBOC North American dealer network. ARBOC has sold 39 vehicles with the XL Hybrid system installed thus far in 2021.

Key Points: 
  • MIDDLEBURY, Ind., July 27, 2021 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF) NFI Group Inc. (NFI or the Company), a leading independent bus and coach manufacturer and a leader in mobility solutions, today announced that XL Fleet Corp. (NYSE: XL) (XL Fleet) and NFI subsidiary ARBOC Specialty Vehicles, LLC (ARBOC) have announced a partnership to electrify ARBOC Freedom low-floor buses with the XL Hybrid (XLH) electric propulsion system.
  • ARBOC has sold 39 vehicles with the XL Hybrid system installed thus far in 2021.
  • We are pleased to be announce this strategic partnership with XL Fleet to bring hybrid electric propulsion systems to our ARBOC Freedom low-floor buses, said Paul Soubry, President and Chief Executive Officer, NFI.
  • The bus industry represents a substantial electrification opportunity for XL Fleet, and we are excited to gain access to a great new customer base by partnering with an accessible bus market leader like ARBOC, said Dimitri Kazarinoff, Chief Executive Officer, XL Fleet.

XL Fleet Partners with NFI’s ARBOC to Offer Hybrid Electric Bus Option

Retrieved on: 
Tuesday, July 27, 2021
Fleet management, Transportation, Environment, Alternative Vehicles, Fuels, Travel, Automotive, Public transport, Transport, NFI Group, Draft:ARBOC Specialty Vehicles, XL Fleet Corp., NFI, ARBOC, XL FLEET CORP., NFI, ARBOC

XL Fleet Corp. (NYSE: XL) (XL Fleet or the Company), a leader in vehicle electrification solutions for commercial and municipal fleets, and ARBOC Specialty Vehicles, LLC (TSX: NFI) (ARBOC), a subsidiary of NFI Group Inc. (NFI), one of the worlds leading independent global bus manufacturers, have announced a partnership to electrify ARBOC Freedom low floor buses with the XL Hybrid (XLH) electric propulsion system.

Key Points: 
  • XL Fleet Corp. (NYSE: XL) (XL Fleet or the Company), a leader in vehicle electrification solutions for commercial and municipal fleets, and ARBOC Specialty Vehicles, LLC (TSX: NFI) (ARBOC), a subsidiary of NFI Group Inc. (NFI), one of the worlds leading independent global bus manufacturers, have announced a partnership to electrify ARBOC Freedom low floor buses with the XL Hybrid (XLH) electric propulsion system.
  • ARBOC has sold 39 vehicles with the XL Hybrid system installed thus far in 2021.
  • View the full release here: https://www.businesswire.com/news/home/20210727005422/en/
    XL Fleet is partnering with NFIs ARBOC to offer hybrid electric bus options, similar to the one shown here, through ARBOCs North American dealer network.
  • The bus industry represents a substantial electrification opportunity for XL Fleet, and we are excited to gain access to a great new customer base by partnering with an accessible bus market leader like ARBOC, said Dimitri Kazarinoff, Chief Executive Officer of XL Fleet.

NFI subsidiary ARBOC to supply Toronto Transit Commission (TTC) 110 ARBOC Low Floor Transit Buses

Retrieved on: 
Wednesday, July 21, 2021
Transportation in California, California, NFI Group, New Flyer Xcelsior, Orange County Transportation Authority, New Flyer, Toronto Transit Commission, Draft:ARBOC Specialty Vehicles, Medicine Hat Transit

MIDDLEBURY, Ind., July 21, 2021 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF) NFI Group Inc. (NFI or the Company), a leading independent bus and coach manufacturer and a leader in mobility solutions, today announced that the Toronto Transit Commission (TTC) has awarded NFI subsidiary ARBOC Specialty Vehicles, LLC (ARBOC) a firm order for 110 seven-meter Independence low floor transit buses.

Key Points: 
  • MIDDLEBURY, Ind., July 21, 2021 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF) NFI Group Inc. (NFI or the Company), a leading independent bus and coach manufacturer and a leader in mobility solutions, today announced that the Toronto Transit Commission (TTC) has awarded NFI subsidiary ARBOC Specialty Vehicles, LLC (ARBOC) a firm order for 110 seven-meter Independence low floor transit buses.
  • ARBOC plans to deliver the initial group of up to 30 buses in 2021 with the remaining 80 vehicles in 2022.
  • TTC offers multiple transportation services, including subway lines, streetcar routes, and more than 140 bus routes made up of approximately 2,400 buses.
  • In addition to the low-floor ARBOC buses, NFI has also recently delivered New Flyer Xcelsior CHARGE battery-electric zero-emission transit buses to further support zero-emission, sustainable transportation for TTC and its customers.