Bombardier Transportation’s joint venture, Bombardier Sifang Transportation Ltd (BST), has won a contract from China Railway for 160 CR400AF cars. These new Chinese-standard high-speed train cars will operate on China’s growing high-speed rail network.
The 160 cars will be put together into ten 16-car trainsets and will operate at 350km/h. In total this contract is worth 2.97 billion CNY (380 million euros | 427 million USD). Bombardier Transportation is a 50-percent shareholder of BST, its partner being CRRC Sifang Rolling Stock Co., Ltd.
This new contract is BST’s third one to manufacture CR400AF cars. BST won two contracts for 288 of these high-speed cars in 2018, a contract it fulfilled on time. The delivery timescale for the current order is mid-2020.
“We are very proud to have been chosen to supply the new generation of CR400AF cars, a high-speed railway car, through our BST joint venture. China's high-speed rail industry has become one of the nation's economic pillar industries and the high-speed network has brought greater mobility and prosperity to the public. Bombardier is proud of its contributions to China's rail industry and looks forward to delivering more of the high-quality products that are helping China meet its ambitious long-term mobility goals.”
So far, Bombardier’s Chinese joint venture is the only Sino-foreign company to have won a new Chinese-standard high-speed train contract.
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