China: In its financial statements, the world’s leading manufacturer from China reports having invested over RMB 14.3 bln (about $2 bln) in R&D projects in 2023.
Brief overview of key events and news in the rail rolling stock markets.
Russia: This was announced by Artem Ovelyan, CEO of the plant, in his recent interview.
China: A fleet of 4 four-car CINOVA2.0 trains with a maximum speed of 200 km/h have entered service in the province of Hubei.
Iran: The prototype 3 MW MAP30 locomotive was unveiled during a visit by Reza Fatemi Amin, the Minister of Industry, Mine and Trade, to the Mapna Groups, MLC plant in Tehran.
India: The first 16-car train was built at a plant in Kapurthala belonging to the national operator Indian Railways.
Ghana: The two-car Regio160 train was delivered from the site in Bydgoszcz, Poland, to one of the largest Ghanaian ports, Tema, in just 1.5 months.
UK: In a test run in March, a prototype train travelled 138 km from Long Marston to Honeybourne on battery power alone and without recharging.
USA: The Massachusetts Bay Transportation Authority (MBTA) and the Chinese manufacturer have entered into a supplemental agreement for two contracts for the delivery of 404 metro cars.