NFI NFI Group Inc

(TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (“Alexander Dennis”) today announced that the CAVForth autonomous bus service in East Scotland will begin on May 15, 2023, using five Alexander Dennis Enviro200AV buses.

This follows the successful completion of an extensive testing program and registration of the bus service by Stagecoach, the UK’s largest bus and coach operator.

CAVForth is a joint project of Fusion Processing Ltd, Stagecoach, Alexander Dennis, Transport Scotland, Edinburgh Napier University and Bristol Robotics Lab which is part funded by the UK Government's Centre for Connected and Autonomous Vehicles. It is one of the most complex projects of its kind worldwide and will be the first registered service in the UK to use full-sized autonomous buses.

A fleet of five Alexander Dennis Enviro200AV vehicles will cover a 14-mile route, in mixed traffic, at up to 50 mph across the iconic Forth Road Bridge near Edinburgh. The service will operate a frequent timetable with the capacity for around 10,000 journeys per week and will have two members of staff on board. One Safety Driver in the driver’s seat to monitor the technology, and a ‘Captain’ in the saloon to take tickets and answer customer questions.

Scotland’s Minister for Transport, Kevin Stewart, said: “This is an exciting milestone for this innovative and ambitious project, and I very much look forward to seeing Project CAVForth take to the roads next month. Our trunk road network can provide a wide range of environments as a diverse testing ground, and the ground-breaking and globally significant Project CAVForth will really help Scotland establish its credentials on the world stage.”

Jamie Wilson, Head of Concepts & Advanced Engineering for Alexander Dennis, said: “This is a thrilling milestone for this ambitious project which we are delighted to be delivering with our partners. Our Enviro200AV autonomous buses will demonstrate latest innovation in vehicle technology, and we are delighted that passengers travelling between Fife and Edinburgh will be able to experience this for themselves when the service launches next month.”

Carla Stockton-Jones, UK Managing Director for Stagecoach said: “We are excited to introduce the UK’s first autonomous bus fleet in East Scotland which is also home to our headquarters and where it all began over 40 years ago. We are proud to be part of this innovative project and marks a significant milestone for public transport and look forward to welcoming our customers on board in the coming months.”

NFI is a leader in low- and zero-emission mobility, with vehicles operating in 13 countries, moving millions of people every day. NFI offers the widest range of vehicles including clean diesel, compressed natural gas, diesel electric hybrids, and zero-emission battery- and fuel cell-electric buses and coaches.

High resolution images are available for download from the Alexander Dennis website at alexander-dennis.com/media/news.

About NFI

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 7,700 team members in nine 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 Limited (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 (“TSX”) under the symbol NFI and its convertible unsecured debentures trade on the TSX under the symbol NFI.DB. News and information is available at www.nfigroup.com, www.newflyer.com, www.mcicoach.com, www.nfi.parts, www.alexander-dennis.com, www.arbocsv.com, and www.carfaircomposites.com.

About Alexander Dennis

Alexander Dennis Limited (“Alexander Dennis”) is a global leader in the design and manufacture of double deck buses and is also the UK’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 UK, Europe, Hong Kong, Singapore, New Zealand, Mexico, Canada, and the United States. Further information is available at www.alexander-dennis.com.

For media inquiries, please contact:Debbie McCreath, +44 1324 574479Stefan Baguette, +44 1324 678047press@alexander-dennis.com

For inquiries, please contact:Stephen KingP: 204.224.6382Stephen.King@nfigroup.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9919fd44-42de-4923-96ee-8e195f7d4863