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Alstom to supply 60 single level coach cars to the Connecticut Department of Transportation

August 9, 2023 – Alstom (OTC: ALSMY)and the Connecticut Department of Transportation (CTDOT) confirmed an order for 60 single-level rail coach cars valued at approximately €285 million (approximately USD $315 million) with options to build an additional 313 cars, as part of CTDOT’s coach renewal program for its statewide rail system. Delivery is scheduled to begin in 2026.

The agreement calls for the delivery of fully customised, sustainable, next-generation commuter rail cars specifically designed for North America, providing riders with safe, comfortable, 125 mph commuter rail service. The new vehicles will all be compliant with the Americans with Disabilities Act (ADA), Federal Railroad Administration (FRA) and American Public Transportation Association (APTA) requirements.

The vehicles will have a convenient two-by-two seating configuration with foldable tables and easy access for wheelchair passengers. The new cars will also provide an enhanced passenger experience with convenient overhead luggage racks, workstation tables and a bicycle storage area, safe and reliable wi-fi access, real time information on upcoming stops, conveniently located power and USB access, and the most current cybersecurity safety features. In addition, passengers will enjoy panoramic balcony-style windows at wheeled mobility spaces, allowing for the flow of natural sunlight through the car’s interior, giving riders great views.

Volvo Cars Q2 results shows transformation proceeding full speed ahead

Volvo Cars (OTC: VLVLY) today reports a 39 per cent increase in operating profits, excluding joint ventures and associates, to SEK 6.4 bn and a corresponding EBIT margin of 6.3 per cent for the second quarter of 2023. The result came despite a SEK 0.9 bn, non-recurring item related to the redundancy programme announced in May, part of securing a more efficient and sustainable cost base for the future. Without this item, the underlying EBIT margin, excluding joint ventures and associates, was 7.2 per cent in the second quarter. This illustrates that the solid underlying performance momentum from the first three months of the year continued during this past quarter.

Click the link below to read the entire press release!

https://www.media.volvocars.com/global/en-gb/media/pressreleases/316863/volvo-cars-q2-results-full-speed-ahead-in-transformation-with-a-solid-business-performance

Alstom delivers the first cars to the Tren Maya railway project

July 10, 2023 – Alstom (OTC: ALSMY), global leader in smart and sustainable mobility, has completed the delivery of the first train of the Tren Maya project to the Federal Government and Fondo Nacional de Fomento al Turismo (FONATUR). The cars are a depiction of Mexico’s art culture, reflecting the varied colours and textures of the region’s art. These first 4 cars will form the first of the 31 Xiinbal type of trains that Alstom will deliver to the project in different configurations, featuring large panoramic windows to allow passengers to enjoy scenic views.

The first cars departed Alstom’s manufacturing facility in Ciudad Sahagún, Hidalgo, on July 3rd. The four cars were wrapped and transported on special platforms, travelling 1,943 kilometres over five days until they reached the workshop and depot in Cancún. A team of experts has already started the meticulous unloading of the cars, after which they will assemble the cars to form the first train. Once assembled, the trains will undergo exhaustive testing to validate the functionality and safety of the different train components, prior to integration and testing with the rail infrastructure.

The Tren Maya project stands out not only for the latest mobility technologies included in the project but also for its representation of the history and culture of Mexico through the three different train designs. Each car is equipped with air conditioning, ergonomic and reclining seats, video surveillance systems and passenger information screens, with dedicated spaces for luggage storage. Since the floor is flat throughout, passengers with reduced mobility will have full liberty of movement. With these design features, combined with an ability to operate at a maximum speed of 160 km/h, the trains will deliver an efficient means of transport and excellent passenger experience.

These first cars also feature advanced digital technologies such as an automatic train control system (ERTMS) to provide optimal efficiency and high levels of safety and security, Further, Alstom will deploy HealthHub and TrainScanner, its digital solutions for condition-based and predictive maintenance, enabling continuous health and condition monitoring of different train components, signalling and infrastructure to guarantee the maximum reliability and availability of the trains, while optimising the lifecycle costs of each train.

Alstom is expected to complete the full deliver of all 42 X’trapolis trains (219 cars) in the last quarter of 2024.

Alstom China Joint Venture Wins Maintenance Contract for Shanghai Metro Line 12

February 18, 2022 – Alstom (OTC: ALSMY) Chinese joint venture, Shentong Bombardier (Shanghai) Rail Transit Vehicle Maintenance Co., Ltd., has been awarded a contract from Shanghai Shentong Metro Group Co., Ltd. (Shanghai Metro) to provide whole lifecycle maintenance service for 204 Movia metro cars (34 trains) on Shanghai’s Line 12 phase 2 and phase 3 project. The total contract is valued at approximately €43.6 million (330 million CNY excl. VAT).  

Under the contract, SHBRT will adopt the condition-based maintenance regime by deploying the advanced maintenance tools, including Alstom’s Orbita advanced train monitoring system, Automatic Vehicle Inspection System, etc., to improve the safety, reliability, availability and efficiency of Shanghai’s Line 12 fleet. The scope of the contract includes preventive maintenance, corrective maintenance, balanced overhauls, safety inspections, train cleaning and train escort services for 204 metro cars. The project is expected to be completed in November 2027.

Hitachi and Alstom Win Order to Build and Maintain High Speed Two Trains in Britain

Alstom (OTC: ALSMY) and Hitachi Rail have today confirmed that the Hitachi-Alstom High Speed (HAH-S) 50/50 joint venture has signed contracts with High Speed Two (HS2) to design, build, and maintain the next generation of very high speed trains for HS2 Phase 1 as part of the £1.97 billion contract, including an initial 12-year train maintenance contract.

The UK’s two leading train manufacturers will deliver Europe’s fastest operational train, capable of operating at maximum speeds of 225mph (360 km/h), significantly reducing journey times for passengers. The fleet will be 100% electric, and be one of the world’s most energy efficient very high speed trains due to the lower train mass per passenger, aerodynamic design, regenerative power and latest energy efficient traction technology.

In a major boost to grow and rebalance the economy, the HAH-S joint venture will manufacture the 54 trains at newly enhanced facilities in County Durham, Derby and Crewe. The award to the British-based firms will protect and create thousands of green jobs and add £157 million GVA to the UK economy for every year of the train building phase.

The new 200m-long, 8-car trains are set to run in Phase 1 of the project between London and Birmingham, and on the existing network, and will dramatically increase capacity and connectivity between towns and cities across the country including Stoke, Crewe, Manchester, Liverpool, Carlisle, Motherwell and Glasgow. They will have a major impact in reducing carbon emissions from transport by encouraging people away from fossil fuelled cars and planes, and onto rail.

Alstom Delivers First Two Innovia 300 Monorail Trains for Cairo Monorail

Alstom’s first two Innovia 300 monorail trains for the Cairo Monorail project have arrived in Cairo after being completed at Alstom’s Derby UK factory, with propulsion systems application led by Alstom’s site in Trapaga, Spain. The dispatch of the first 8 fully automated, driverless cars out of 70 trains (a total of 280 cars) is a major milestone in the Cairo Monorail project, Egypt’s first two monorail lines, linking the New Capital City and 6th October City to Greater Cairo.

In August 2019, an Alstom-led consortium composed of Orascom Construction and Arab Contractors signed a €2.7bn contract to design, implement, operate, and maintain the two lines. The project includes a 54 km line connecting the New Administrative City with East Cairo and a second 42 km line connecting 6th of October City with Giza.

Both lines are expected to open in 2023. After the construction phase is completed, the Alstom-led consortium will provide 30 years of operation and maintenance (O&M) services for both lines.

Egypt is committed to developing and improving mobility services for its citizens, while reducing traffic congestion and environmental impact. The Innovia 300 monorail system allows fast construction of high-capacity lines at lower costs. Once maximum capacity is achieved, each of the two Cairo lines will be able to transport 45,000 passengers per hour in each direction. The Innovia 300 monorail system is equipped with Alstom’s proven Cityflo 650 communications-based train control solution. Benefits of this flagship technology include high reliability, flexible operation, shorter headways between trains, improved safety and reduced maintenance costs. The Alstom Mitrac propulsion system provides strong reliability and maintainability, and thanks to its permanent magnet motor, better energy consumption figures. 

Alstom has been a partner to Egypt’s railways since 1971, continuously supporting the railway infrastructure development in the country. Over these years, Alstom Egypt has established a local talent pool and Center of Excellence (COE) related to signalling systems, power supply and maintenance workshops to support projects across its Africa-Middle East-Central Asia (AMECA) region. It is this rich heritage that has enabled Alstom to make a significant contribution to Egypt’s rail industry development. Today, Alstom employs approximately 500 people in Egypt with ongoing projects which includes the modernization of signalling system on the Beni Sueif – Assyut line.

Watch the Video of First two Alstom Innovia 300 Trains Delivered for Cairo Monorail!

Amtrak Expands Carry-On Pet Program to Weekday Acela Trains

WASHINGTON – Amtrak announced today the expansion of its pet program allowing customers to travel with their dogs and cats up to 20 pounds onboard weekday Acela trains for only $26 or 800 Amtrak Guest Rewards points. Previously available for only weekend trips, there will be eight pet spaces for sale per departure (one per customer) and are booked on a first-come, first-served basis.

Pets will be allowed in all cars, except for First Class or Café cars. Pets must remain in a carrier at all times and carriers should remain under their seat. Amtrak continues to welcome service animals on board at no charge. To confirm pet eligibility, all customers must read and sign a Pet Release and Indemnification Agreement for each travel segment. 

This new amenity is part of several recent upgrades on the Acela, including the expansion of the Reserved Seating offering for Acela Business Class customerswhich allows travelers to view and select their seats before traveling, including those available in the Quiet Car, and provide a snapshot of the overall of the train’s capacity. In addition, Amtrak has continues its enhanced cleaning protocols at stations and on trains and new measures to deliver a New Standard of Travel, including:

  • Requiring face coverings: Per federal law and Amtrak policy, all customers and employees must wear a face mask or covering that fully covers the entire mouth and nose, fits snugly against the side of the face, and secures under the chin at all times while onboard and in stations.
  • Air Quality: All of our trains are equipped with onboard filtration systems with a fresh air exchange rate every 4-5 minutes.
  • Physical distancing: Signage has been displayed at our busiest stations to indicate safe distances in high traffic areas. In addition, protective plastic barriers have been installed at customer counters at our busiest stations.

More than 174,300 pets and their human companions have traveled around the country since the program launched on the Northeast Corridor in October 2015. The program has also generated more than $4.338 million in revenue since its inception. For more information visit Amtrak’s Pet policy

SBB and ÖBB Plan Further Expansion of Night Train Services

SBB and ÖBB are stepping up their long-standing cooperation in international passenger services. The two railway companies are seeking to scale up the existing night train services from six to ten lines. Planning is underway for new night trains from Switzerland to Amsterdam, Rome and Barcelona. Last week, SBB and ÖBB signed a corresponding Letter of Intent. The planned expansion of services can only be guaranteed with financial support from the Swiss climate fund.

Demand for international night train services significantly increased in 2019 and at the start of 2020 until the coronavirus crisis struck. The number of passengers using night train services from Switzerland grew by over 25 per cent with respect to the previous year. The two partner railways consider this a sustainable trend given the significant rise in customer demand for environmentally friendly and resource-efficient travel. There is clear evidence to show that night trains have a positive effect on overall emissions, as they generate modal shift from other modes of transport to rail. ÖBB and SBB share the goal of shifting more travel to rail and thus contributing to a reduction in CO2 emissions from the travel sector. This commitment reflects the aims of the Paris Agreement on climate change and the political and public will to develop an attractive night train network as an important component of environmentally friendly and sustainable mobility in Europe.

With its 19 Nightjet lines and eight further services provided in cooperation with partner railways, ÖBB already runs Europe’s largest night train network. This includes the network from Switzerland run in cooperation with SBB, comprising six lines and one additional service. SBB and ÖBB want to build on this success and expand night train services in Europe together. Over the last few months, the companies have thoroughly tested and evaluated various options for expanding the service. By cooperating, the railway companies will be able to make use of synergies in production and marketing of the service offer and save on costs. In the Letter of Intent signed last week, the two railway companies presented their strategy for expanding services as outlined in “2024 Nightjet Network for Switzerland”. The plans involve expanding the Nightjet network from Switzerland to incorporate a total of ten lines and 25 destinations.

Cornerstones of the expansion plan:

From 2022 timetable onwards: new Nightjet connection to Amsterdam.
As a first step in the expansion process, the two railway companies want to launch a new daily Nightjet service running Zurich–Basel–Frankfurt–Cologne–Amsterdam in December 2021. However, the very limited availability of rolling stock suitable for night train services restricts short-term service expansion. SBB therefore intends to lease suitable rolling stock from German leasing company RDC Asset GmbH.

Increasing capacity on services to Berlin, Hamburg and Prague and new connection to Leipzig and Dresden.
The services currently provided from Zurich via Basel to Berlin and Hamburg are increasingly popular. Capacity on this route will therefore be expanded significantly. SBB and ÖBB wish to serve both destinations with two separate trains covering the whole route, if possible from the 2023 timetable change. This will enable a significant capacity increase. They also plan to run the service to Prague via Germany as a portion of the Berlin Nightjet with sleeping cars and couchettes. The new route would also provide a direct connection to Leipzig and Dresden.

– Plans for new connections to Rome and Barcelona.
There are plans for a new line connecting Zurich via Bern, Brig, Domodossola to Rome. A daily connection from Zurich via Bern, Lausanne, Geneva to Barcelona is also planned. This would also integrate French-speaking Switzerland directly into the night train network. It is not yet clear whether it will be possible to run these two lines, as agreements with other partner railways are yet to be reached.

To ensure that night train services can be expanded in the medium to long term, ÖBB is also investing in new rolling stock. The new night train sets are to come into service gradually over a period of time.

SBB and ÖBB are campaigning for greater political support for night trains.

Alongside the planned service expansion, SBB, ÖBB and other partner railways are campaigning for transport policies which facilitate night train operations in Europe. In Switzerland, the total revision of the CO2 Act after 2020 is being debated in the autumn session of the Federal Parliament. The Act provides for support for cross-border rail services from the climate fund. Last week, the Swiss Parliament voted in favour of supporting international passenger services, including night trains. While subject to a final vote and a possible referendum, financial support from the climate fund would compensate for the losses SBB would sustain given the high operating costs night train services involve.

ÖBB is the largest provider of night train services in Europe and has contributed significantly to maintaining night trains services from Switzerland in its existing partnership with SBB. Andreas Matthä, ÖBB CEO, said: “We have no doubts about the Nightjet’s success. With SBB as a committed and effective partner, we can continue to expand the Nightjet network even further. We are investing in new trains: 13 latest generation Nightjet sets will be in operation from the end of 2022. With additional services and modern rolling stock, taking the night train will become an even more attractive option.”

SBB CEO Vincent Ducrot has no doubt that demand for fast daytime services and night trains will continue to grow. “This is a sustainable trend and the demand for environmentally friendly and resource-efficient mobility will continue to increase.”

SBB and ÖBB consider night train services as an important element of the overall service offer and see great potential for creating synergies with daytime services. An attractive rail offer helps to achieve the goal of modal shift from short-haul flights to rail.

VW Not Seeking Deal With Tesla – CEO Diess

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 deeper ties with start-up rival Tesla.

Diess met with Tesla’s Chief Executive Elon Musk in Braunschweig, Germany, last week, and during his visit VW let Musk drive its new ID.3 electric car.

“Just to be clear: We just drove the ID.3 and had a chat – there is no deal/cooperation in the making,” Diess said in a post on Linkedin which included a video of the two executives driving the vehicle on an airfield.

“Thanks for the visit, Elon! Hope you like the video. It was great driving the ID.3 with you! You were just quite critical with the available torque at higher speed. I told you: “Yes, we are on the runway – but no need for take off – its not a sports car.”

For a link to the video click: https://www.linkedin.com/feed/update/urn:li:activity:6708741329091866625/?commentUrn=urn%3Ali%3Acomment%3A(ugcPost%3A6708652585454190592%2C6708741309508673536)

(Reporting by Edward Taylor; Editing by Susan Fenton)

Volvo to Temporarily Close Plants in U.S. and Sweden

FRANKFURT (Reuters) – Swedish carmaker Volvo is suspending production at its factories in Sweden, the United States and Belgium, to curb the spread of the coronavirus, it said on Friday, even as it resumes manufacturing in China where the infection rate has slowed.

Volvo’s Swedish factories in Torslanda, Skovde, Olofstrom, and its U.S. plant in South Carolina will close between March 26 and April 14, the company said. Its plant in Ghent, Belgium has already been temporarily shut down.

“Our primary concerns are the health of our employees and the future of our business,” Chief Executive Hakan Samuelsson said. “I think for the economy, we need to do something drastic, rather then trying half-hearted measures that drag on forever.”

“We are seeing the effect from this coronavirus is increasing every day. We see problems in the logistics supply side,” he told Reuters. “We have to help contributing to social distancing.”

Samuelsson said the financial impact of the shutdown would become clearer when the carmaker published first-half earnings. The company will reduce the working hours of white-collar staff during the factory closures and will take advantage of government incentives, Samuelsson said.

The financial impact on Volvo also depended on how different countries reacted to contain the virus.

“There is a big difference between countries. Some have curfews, with restaurants and schools closed. In other countries there are less drastic measures. I just think we need to synchronise that more.”

(Reporting by Edward Taylor; Editing by Pravin Char)

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