Siemens agrees $1.92bn deal to develop 94 trains for London Underground

By Sean Galea-Pace
The Germany-based manufacturer, Siemens, has agreed a $1.92bn contract to develop 94 new trains that are set to be introduced into the London Undergroun...

The Germany-based manufacturer, Siemens, has agreed a $1.92bn contract to develop 94 new trains that are set to be introduced into the London Underground for its Piccadilly line.

Having initially been awarded the contract in June earlier this year, the agreement faced legal action from Bombardier and Hitachi, however, a High Court ruling later decided that the deal could go ahead.

The train will be built in the firm’s £200mn ($256.2mn) factory in Goole, East Yorkshire, for which phased development are expected to commence this year.

Nigel Holness, Managing Director of the London Underground, said: “The introduction of new trains on the Piccadilly line will significantly improve the journeys of millions of our customers, providing more frequent and more reliable trains for decades to come.”

See more:

“This order will mean the replacement of the 1970s Piccadilly line fleet, with delivery of the new trains starting in 2023, and will help address crowding on the line as London’s population continues to rise.”

It is anticipated that the project will generate 700 jobs in the facility, which are expected to be developed on a 67-acre site near the M62 motorway.

The trains are anticipated to be in operation in London in 2024, with trains delivered for testing a year earlier in 2023.

Share

Featured Articles

How technology has improved Health & Safety in manufacturing

Johann Cilliers, Group Marketing Director at Welding Alloys, explains how technology has improved Health & Safety in the manufacturing industry

Nick Dinges, Replique CTO, explores additive manufacturing

Replique’s CTO Nick Dinges shares his knowledge on 3D printing, how localised production can help supply chains & what the manufacturing sector wants

Hanwha to spend US$2.5bn on US solar manufacturing

South Korean chemical manufacturer Hanwha will spend US$2.5bn on US solar manufacturing at Georgia plant, in a new renewable energy push

Hexagon invests in Divergent Technologies digital factories

Digital Factory

India’s smart manufacturing electric vehicle future

Smart Manufacturing

Manufacturing a legacy of safety, sustainability, and skill

Procurement & Supply Chain