China: At its Zhuzhou facility, the manufacturer presented the XNY locomotive ordered by Lianyang Iron & Steel.
One of the main trends in railway transport in recent years is replacing diesel engines with alternative ones. As all major manufacturers are responsive to market demands, they develop rolling stock on alternative traction.
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.
