Siemens gets $3.4 billion contract from Amtrak - Breaking The News
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Siemens gets $3.4 billion contract from Amtrak

EPA-EFE/SHAWN THEW

Siemens AG has been awarded on Wednesday a $3.4 billion contract from Amtrak to build up to 73 trainsets by 2030 at its Sacramento factory, according to the unit’s President Michael Cahill.

"These new trains will reshape the future of rail travel by replacing our aging 40- to 50-year old fleet with state-of-the-art, American-made equipment... This investment is essential to preserving and growing our Northeast Regional and state-supported services and will allow our customers to travel comfortably and safely, while reducing carbon emissions," Amtrak CEO Bill Flynn commented about the deal.

Starting from 2024, Siemens should begin delivering locomotive engines and passenger cars which are expected to use different power sources, including only electricity, diesel as well a hybrid lithium-titanate battery system.

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