Siemens Mobility awarded historic $3.4 billion in contracts from Amtrak. Order includes first of its kind hybrid battery Venture trains. 73 sustainable, and reliable trains to be delivered starting in 2024. Includes predictive maintenance technology and real-time digital monitoring. Largest North American Siemens Mobility contract in history.
Projects were selected with a view to achieving a balanced portfolio of topics and a wide regional distribution of funding. To further round off the portfolio, this funding round will focus on projects with activities in the Adriatic Region, Algeria, Argentina, Bangladesh, Brazil, Colombia, Egypt, Ethiopia, Ghana, India, Indonesia, Italy, Japan, Kenya, Nigeria, Malaysia, Pakistan, Romania, Rwanda, Saudi Arabia, South Africa, Spain, Thailand, Uganda, Uzbekistan and Zambia. Additional globally oriented projects and projects that are focused on least developed countries (LDCs) and emerging markets (EMs) will extend the current portfolio to over 50 countries.
“The start of Yunex Traffic will mark a significant milestone in the journey of Siemens Mobility. In today’s fast changing world, companies must always be able and willing to adapt quickly and effectively to new trends, customer preferences and changing competitive market conditions, and that’s exactly what we are doing here.
As part of its virtual Capital Market Day entitled “Accelerating High Value Growth,”
Siemens AG is presenting its new growth strategy today. This strategy is also
reflected in ambitious new Financial Framework targets, and it includes a
comprehensive sustainability agenda.
German biotechnology company BioNTech SE, based in Mainz, and Siemens intend to expand their strategic cooperation. The companies plan to intensify their collaboration for the rapid expansion and creation of production capacity for the Covid-19 vaccine.
Siemens and Google Cloud to cooperate on AI- based solutions in manufacturing. #AI