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.
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.
USA: The Massachusetts Bay Transportation Authority (MBTA) and the Chinese manufacturer have entered into a supplemental agreement for two contracts for the delivery of 404 metro cars.
Mexico: The nine-car train started operation on the 18.8 km Mexico City Metro Line 1 with 20 stations.
EU: After the manufacturer withdrew its bid for the supply of 20 passenger trains to Bulgaria, the European Commission cancelled the first closed in-depth investigation initiated in February.
China: The tests took place in January in one of China’s coldest regions, Hulunbuir.
Brief overview of key events and news in the rail rolling stock markets.
Kenya: 230 of these flatcars will serve the Mombasa–Nairobi Line functioning from 2017.
