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VW Not Seeking Deal With Tesla – CEO Diess

WIL BALDWIN September 7, 2020

FRANKFURT, Sept 7 (Reuters) - Volkswagen's Chief Executive Herbert Diess on Monday sought to quell speculation that the world's largest carmaker, which is on a mass production push for electric cars, has plans to develop…

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Alstom Celebrates Cairo Metro Line 3 – Phase 4 Entry into Service

WIL BALDWIN August 17, 2020

Alstom has successfully supplied, tested and commissioned part of Cairo Metro line 3 - Ph4 with a total of 10 stations from Heliopolis to Adly Mansour. His excellency the Egyptian President Abdel Fattah Al Sisi,…

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JetBlue is First U.S. Airline to Achieve Carbon Neutrality for All Domestic Flying

WIL BALDWIN August 16, 2020

JetBlue (Nasdaq: JBLU) today announced it has followed through on its commitment to go carbon neutral on all domestic flights. Earlier this year, JetBlue became the first major U.S. airline to commit to this critical and measurable…

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Tesla Announces a Five for One Stock Split

WIL BALDWIN August 12, 2020

PALO ALTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make…

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Siemens Mobility Awarded Billion-Euro Order for Deutsche Bahn High-Speed Trains

WIL BALDWIN August 10, 2020

Beginning in 2022, DB will expand its mainline fleet with 30 new high-speed trains. Deutsche Bahn has awarded the billion-euro order to Siemens Mobility. DB called for tenders at the end of 2019 when the…

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Alstom Begins Validation Tests on Azerbaijan Freight Locomotives

WIL BALDWIN August 9, 2020

Alstom has launched the validation test campaign for the Prima T8 AZ8A freight locomotives in Azerbaijan on the main freight transit line, which has recently been converted from 3kV DC to 25kV AC. In 2014,…

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Amtrak Prepares for New Diesel Locomotive Fleet

WIL BALDWIN August 6, 2020

Amtrak today released renderings and other information about the first of the diesel-electric locomotives that will replace the current fleet on the National Network, including all long distance and many state-sponsored routes. Five of the…

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European Commission Clears Alstom’s acquisition of Bombardier Transportation

WIL BALDWIN August 3, 2020

Alstom and Bombardier welcome the European Commission’s (EC) decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom. The Commission’s approval for the transaction is conditional on the proposed engagements that consist…

Alstom Delivers New Tramways for Dublin, Ireland

WIL BALDWIN August 2, 2020

55 meters: the longest Citadis tram in the world Up to 98% recyclableAlstom will extend 26 existing vehicles Alstom has delivered the first of eight new Citadis tramways to Dublin, as part of a partnership with Transport…

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Tesla Reports Q2 Profit, Announces Texas Gigafactory

WIL BALDWIN July 26, 2020

Tesla (TSLA) posted a surprise second-quarter profit last week on cost cutting and strong deliveries, offsetting the effects of its Covid-19 related factory shutdowns. The report may help the electric vehicle manufacturer gain inclusion into…