Bombardier to share railway technology with Chinese

2012-07-13 14:45:21
Summary:Bombardier Inc. is trying a new approach to tapping into China’s rail market – not just building trains, but selling the blueprints.

Bombardier Inc. is trying a new approach to tapping into China’s rail market – not just building trains, but selling the blueprints.

The Montreal manufacturer struck a 10-year agreement to licence a variant of the technology for its Flexity 2 line of trams to a subsidiary of China South Locomotive & Rolling Stock Corp. Ltd., the biggest player in the railway manufacturing sector.
Bombardier has spent years deepening its presence in China. Among higher-profile projects are joint ventures to build super-high-speed trains to the Ministry of Railways as well as deals to provide subway cars to Shanghai and other cities.

“After many years of intense development of metros, Chinese cities are embracing low-floor trams to complement their urban transit systems. Bombardier is now bringing its state-of-the-art technology to this new and growing market,” Jianwei Zhang, president of Bombardier China, said in a news release.

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