Vale announced an agreement with Wabtec Corporation to acquire 50 new Evolution Series Locomotives for Vitória a Minas Railroad (EFVM) and Carajás Railroad (EFC).
The acquisition brings highly attractive and complementary technologies to Wabtec and positions the Company for accelerated, profitable growth, while strengthening its portfolio of mission critical passenger rail systems.
Achieving ‘first fire’ in a dual-fuel hydrogen-diesel engine, Wabtec takes a practical step toward zero-carbon locomotives while leveraging its proven NextFuel platform for a sustainable rail future.
Wabtec (NYSE: WAB) announced tuesday a letter of intent with Siemens Mobility to supply passenger information systems for Munich S-Bahn trains. The multi-million-euro agreement will provide the new Siemens trains with systems that deliver an improved and intuitive passenger experience.
Wabtec Corporation’s (NYSE: WAB) Green Friction braking solution is ready to begin commercial fleet operations on the RER A rail line in the greater Paris metropolitan area, in association with Île-de-France Mobilités (IDFM) and RATP.