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Latest deals and contracts in the LRV market.
History and current status of the high-speed rolling stock development in the world. The in-depth review by Alexander Polikarpov, Cofounder and Managing partner of ROLLINGSTOCK Agency.
India: The order has been officially confirmed by India’s Ministry of Railways. The ministry noted that trains of this series will be introduced concurrently in both Japan and India.
USA: Tariffs on imports adopted by the second Trump administration will affect all economic domains, including rolling stock. Though, further development of this domain in the USA today depends above all on the preservation of the extensive government support.
Latest deals and contracts in the LRV market.
USA: The Metropolitan Transportation Authority, MTA, put into revenue service a five-car trainset on the 22.5 km urban Staten Island Railway.
The new geopolitical conditions are no longer having a major impact on the industry, as evidenced by the dynamics of changes in revenues and backlogs of orders of the major players in the rolling stock market.
Efforts to increase train speeds continue unabated, with new countries, such as Russia, joining the exclusive club of manufacturers.
Japan: The seven-car trainset started operation on the 403 km line connecting Tokyo and the city of Shinjō in the northern part of Honshu island. It was first unveiled last February.