This estimate was given in a study of the International Association of Public Transport (UITP) and management consultancy Roland Berger.
Germany: A fleet of 4 two-car catenary-battery trains have entered service on several routes in the state of Baden-Württemberg.
Australia: The six-car train started operation between Perth and its suburbs Mandurah and Joondalup.
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.