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  5. NFI: NFI has announced a Recall against its battery supplier XALT and my guess is that resolution of this issue, which does not seem to have made the front pages(? [NFI Group Inc.]

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Q: NFI has announced a Recall against its battery supplier XALT and my guess is that resolution of this issue, which does not seem to have made the front pages(?), along with your own comments on Chinese competition might make a significant difference to NFI prospects. What do you think?
Asked by Mike on December 17, 2025
5i Research Answer:
NFI set aside a $229M provision for the issue, but on Dec. 16 signed a deal with XALT that will...
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