08:45 AM EDT, 07/09/2025 (MT Newswires) -- NFI Group ( NFYEF ) said Wednesday that its subsidiary New Flyer Industries Canada secured an order from OC Transpo in Ottawa for 124 Xcelsior CHARGE NG battery-electric transit buses.

The order is an option under New Flyer's 2023 agreement with the Toronto Transit Commission and was part of New Flyer's first-quarter 2025 backlog, the company said. The new order will bring the agency's total investment in the company's electric bus platform to 175 vehicles after an initial order of 51 CHARGE NG buses in 2023.

NFI's share price fell 3.9% on Tuesday to $17.95 on the TSX.