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.
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.
China: The tests took place in January in one of China’s coldest regions, Hulunbuir.
China: The first batch of three E500 locomotives has reached the Port of Hualien, which is on the east coast of Taiwan. The rolling stock was produced at the manufacturer’s Fuchu Complex, Japan.
The most significant events and trends in the global rolling stock market in 2023 according to the ROLLINGSTOCK team.
China: Earlier this year, the Chinese company delivered the first batch of 15 two-section Fuxing FXN5C locomotives to Daquin Railway. The vehicles have been hauling coal on the Taijiao Railway since February.
Just ten years after Elon Musk presented the ide, one of the main companies that decided to make it happen was forced to cease operations. However, other start-ups around the world continue to develop the concept.
China: Hong Kong’s rail operator MTR Corporation Limited put 14 eight-car Q-Train SFM47/47A trains into operation on the 16.3 km Island Line with 17 stations.
China: Nine night trains and six day trains were put into service in the Central China region.
