In accordance with NJ TRANSIT’s 10-Year Strategic Plan, “NJT2030,” the Sustainability Plan prioritizes environmental responsibility while also highlighting deliverable benefits to customers in the communities it serves.
As previously disclosed, the company was initially notified by Nasdaq on October 24, 2023 that the company was not in compliance with the Bid Price Requirement for a period of 30 consecutive business days.
The hybrid-electric solution will continue to provide transit agencies with a proven and cost-effective technology that reduces fuel use and emissions, according to the companies.
The fleet enhancements are at the forefront of Metro's sustainability efforts, which reflect a continued strategy toward greener, more efficient transit operations.