American Battery Solutions Inks Battery Pack Supply Agreement With NFI Group Inc.
American Battery Solutions (ABS) has signed a multi-year contract with bus manufacturer NFI Group Inc. to supply custom battery packs that will provide clean power for NFI subsidiary New Flyer’s newest 35-, 40- and 60-foot battery-electric transit buses. NFI is now launching ABS batteries into bus production for customer deliveries starting in the first quarter of 2024. The Li-Ion batteries were fully designed, tested, and validated by ABS at its engineering and development center in Lake Orion, MI. The production of these batteries will be done at ABS’ state-of-the-art manufacturing plant in Springboro, OH.
The market for electric buses in North America has now passed the “tipping point,” reaching more than 5,480 zero-emission transit buses on the road or on order as of the end of 2022, according to CALSTART’s annual “Zeroing in on ZEBs” report.
“NFI expects 40 percent of its 2025 production will be zero-emission buses and is leading the evolution to zero-emission public transportation in North America,” according to a press release.
“We are excited and proud to partner with NFI, a company at the forefront of electric-powered public transportation. This contract reflects NFI’s well-placed confidence in ABS’ ability to meet technical and performance requirements at a healthy volume with the competitive cost position,” Subhash Dhar, ABS Founder, Chairman & CEO, said. “We have invested over $200 million in our state-of-the-art automated pack assembly line and facility, with the capacity to deliver the product NFI needs so that it can continue to lead the electrification of public transportation in North America.”