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Hollie Adams - 1 HS2 - 1 Finola O'Farrell - 1 Rishi Sunak - 1 Sam Tobin - 1 Kirsten Donovan - 1 Bart Biesemans - 1 Sarah - 1
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REUTERS - 2 Siemens - 2 Siemens Mobility - 2 Alstom - 2 Thomson - 2 HS2 - 1 Bombardier Transportation - 1 France's Alstom - 1

Search resuls for: "Siemens Mobility"


4 mentions found


☆ Siemens loses London lawsuit over 2 bln stg HS2 contract
  + stars: | 2023-11-06 | by ( ) www.reuters.com   time to read: +2 min
[1/2] A HS2 high-speed rail logo is displayed on a fence surrounding a construction site at Euston in London, Britain, July 30, 2023. REUTERS/Hollie Adams/File Photo Acquire Licensing RightsLONDON, Nov 6 (Reuters) - Siemens (SIEGn.DE) on Monday lost a legal challenge over a 2 billion pound ($2.48 billion) contract to build a fleet of new trains for Britain's beleaguered HS2 high-speed rail project. HS2 said the contract, which includes a 12-year maintenance and services deal, was worth around 2 billion pounds when it was awarded. But Judge Finola O'Farrell dismissed Siemens' case on Monday, saying in a written ruling that Siemens had not established the contract was awarded unlawfully and the company was therefore "not entitled to any damages". Monday's ruling is a rare piece of good news for the controversial HS2 project, which was originally planned to link London to the north of England from 2026.
Persons: Hollie Adams, HS2, Finola O'Farrell, Rishi Sunak, Sam Tobin, Kirsten Donovan Organizations: REUTERS, Siemens, Siemens Mobility, HS2, Bombardier Transportation, France's Alstom, Hitachi, Alstom, British, Thomson Locations: Euston, London, Britain, England, Manchester, Birmingham
☆ New routes, old coaches: Europe's night trains struggle to pick up speed
  + stars: | 2023-11-03 | by ( Rachel More | ) www.reuters.com   time to read: +5 min
They travelled with European Sleeper, a Dutch-Belgian startup whose launch in May is part of a renaissance of night train travel. CHALLENGESYears of decline in Europe's night train network coincided with the rise of low-cost airlines. Supporters of night trains are pushing for more state help to compete against budget airlines, such as a value-added tax exemption on cross-border routes and lower track access charges. At night, trains compete with freight traffic and construction works, and during the busy morning hours they vie for arrival slots at stations with commuter services. Sarah and Sonia's train, European Sleeper's ES453 service, pulled in at 7.57 a.m., one hour and nine minutes late.
Persons: Bart Biesemans, Sarah, Sonia, Chris Engelsman, Engelsman, Alberto Mazzola, Sonia didn't, Victoria Klesty, Matthias Williams, Mark Potter Organizations: REUTERS, Rights, Berlin Central Station, Reuters Graphics, Reuters, OBB, Siemens Mobility, European Union, Thomson Locations: Berlin, Brussels, Belgium, Dutch, Belgian, Europe, Paris, Zurich, Norwegian, Oslo, Copenhagen, Prague, Amsterdam, Barcelona, France
☆ How Siemens and Alstom are preparing for a passenger rail boom in the U.S.
  + stars: | 2023-07-11 | by ( Magdalena Petrova | ) www.cnbc.com   time to read: +2 min
Once a leader in passenger rail, the U.S. has since fallen behind many industrialized nations in rail funding and ridership — but investment is picking up. Investment in passenger rolling stock across North America, which includes high-speed rail, light rail, metro, passenger coaches and locomotives, is expected to increase 4.7% per year between 2021 and 2026, according to a projection from McKinsey & Company. Aside from the government, private companies are also working on beefing up passenger rail in the country. Brightline has already built out its passenger rail service in Florida, and its sister company, Brightline West, is working on a high-speed passenger rail line between Las Vegas and Southern California. CNBC visited railcar manufacturers Siemens and Alstom to see how they are ramping up passenger train production and to learn how the companies view the future of passenger rail in the U.S. Watch the video to find out more.
Persons: Marc Buncher, Scott Sherin, We've, Brightline Organizations: Investment, McKinsey & Company, Infrastructure Investment, Jobs, Siemens Mobility North, CNBC, Alstom, Amtrak, Alstom U.S, Siemens, U.S . Locations: U.S, North America, United States, Hornell , New York, Europe, Florida, Las Vegas, Southern California
☆ Siemens signs 3 bln eur train deal in India
  + stars: | 2023-01-16 | by ( John Revill | ) www.reuters.com   time to read: +2 min
Siemens will deliver 1,200 electric locomotives and provide servicing for 35 years under the agreement, also its biggest ever in India. "These new locomotives ... can replace between 500,000 to 800,000 trucks over their lifecycle," said Siemens Mobility CEO Michael Peter. The order was a big step for Siemens in India, Peter told Reuters, saying the company had previously mainly provided components and infrastructure there. The deal is the latest bumper contract won by Siemens after it signed a 900 million euro deal for a new metro line in Sydney, Australia in December. He said Siemens was also looking at other train contracts in India, the world's largest rail market with 24 million passengers travelling daily on more than 22,000 trains.
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