Siemens wins China high-speed train orderMarch 20th, 2009 - 7:41 pm ICT by IANS
Munich, March 20 (DPA) China has ordered 100 high-speed trains from German engineering giant Siemens and its Chinese partners, the company announced in Munich Friday.
Siemens will supply components worth 750 million euros ($1 billion) for the Velaro trains, which will be assembled in China and used on the Beijing-Shanghai route from 2010.
The Velaro, a development of Siemen’s successful ICE model used in Germany, has a total length of 400 metres, making it world’s longest single train used in high-speed transportation.
Siemens has already delivered 11 high-speed trains to China out of an earlier order for 60.
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