Rail

Bombardier joins Chinese joint venture

Posted on February 11, 2015

Bombardier Transportation and the New United Group (NUG) finalized an agreement to establish a new joint venture (JV) for signaling and rail control in China. Each company will have a 50% share in the new venture, which will be known as Bombardier NUG Signaling Solutions Co. Ltd.

The new company will focus on rail transportation communication, signaling and integrated monitoring systems for the Chinese mass transit and light rail markets and be committed to introducing moving-block signaling technology for metro applications. The JV will be located in Changzhou, a city of 4.6 million inhabitants near Shanghai in the Jiangsu province. This region is home to a number of major cities that are planning future growth and metro and tram upgrades.

Bombardier brings its proven mass transit experience to the new partnership, with its Bombardier CityFlo 650 CBTC technology already operating in China, on the Suzhou Tram and Tianjin and Shenzhen Metro Lines.

NUG brings its extensive knowledge of the Chinese market and links with municipal authorities. Already long-term partners, Bombardier and NUG have co-operated in the Bombardier CPC Propulsion System Co., Ltd. (BCP) joint venture since 2003. BCP is dedicated to producing, marketing and maintaining advanced propulsion and control system products for rail transportation vehicles in China.

View comments or post a comment on this story. (0 Comments)

More News

Study could help riders find right place to stand in before train arrives

The results of the tests found that passengers stood in the best possible position on the platform when they received information that was mostly visual and continuously available, such as from a platform-based display.

BART to add new ride quality monitoring tool

Incorporating cutting edge GPS and accelerometer sensors with an intuitive easy-to-use control software interface, dFuzion Inc.'s rMetrix effectively and efficiently assesses ride quality, comfort, and safety.

Wabtec, GE Transportation to merge

Under the agreement, which has been approved by the Boards of Directors of Wabtec and GE, GE will receive $2.9 billion in cash at closing and GE and its shareholders will receive a 50.1% ownership interest in the combined company, with Wabtec shareholders retaining 49.9% of the combined company.

L.A. Metro marks Regional Connector milestone

The rail line, which is now 50% complete, is expected to serve 88,000 riders daily.

Sound Transit Link light rail extension lands $75M grant

Construction is expected to begin in Fall 2018, with revenue service targeted for 2022.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close