China is the most focused on the large-scale and rapid adoption of magnetic levitation trains.
ROLLINGSTOCK Agency analysed the public financial and management statements of 14 major global manufacturers.
China: According to the producer’s annual report, revenues from the segment fell by almost 30% in 2022 compared to CNY 41 bln ($6.4 bln) in 2021.
China: Zhao Hongwei, the chief engineer at the China Academy of Railway Sciences, told in her interview with China.com.cn about the major tasks to solve when creating a train with the highest operating speed of 400 km/h.
EU: In January 2023, new public procurement rules came into force in the European Union. The first company to be affected by these rules is CRRC.
UAE: The pre-production prototype operating at 200 km/h was delivered to the country for tests back in Autumn 2022. The contract has recently inked with Etihad Rail to supply 3 seven-car trains of this type.
Pakistan: The national operator launched a passenger train consisting of 6 newly produced and 3 refurbished coaches by CRRC on the Islamabad – Karachi route.
Türkiye: In January, two unmanned lines were launched in Türkiye’s capital: M8 and a part of M11. Both operate at the highest grade of automation, GoA4.
China: The 28.8 MW electric six-section locomotive has starting tractive effort of 2,280 kN and entered into operation in June 2021. Shen24 tripled volume of coal cargo service in Shanxi and Shaanxi, increasing it by 25 mln t annually.
