Siemens Mobility Gets Order Worth Almost EUR400 Million for Light-Rail Vehicles
October 13 2020 - 9:40AM
Dow Jones News
By Joshua Kirby
German engineering conglomerate Siemens AG said Tuesday that its
mobility arm has won a light-rail vehicle order worth almost 400
million euros ($472.5 million).
Siemens Mobility received the joint order for 109 of its Avenio
HF high-floor light-rail vehicles from public-transportation
providers Dusseldorfer Rheinbahn AG and Duisburger
Verkehrsgesellschaft AG.
The vehicles will be used on the light-rail network that covers
the neighboring cities of Duisburg and Dusseldorf and will also run
to the cities of Neuss, Krefeld and Meerbusch.
The contract also includes an option for an additional 48 units
as well as maintenance and service for the Duisburg vehicles for 24
years, with an option for a further eight.
A 24-year spare-parts supply contract was also signed for the
Dusseldorf vehicles, Siemens said.
The first vehicles will be delivered in 2025, the company
said.
Write to Joshua Kirby at joshua.kirby@dowjones.com
(END) Dow Jones Newswires
October 13, 2020 09:25 ET (13:25 GMT)
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