Siemens has signed a contract with German transit company Deutsche Bahn to build up to 300 new high speed trains, in a deal worth reportedly worth near $10 billion. Under the agreement that will remain intact until 2030, at least 130 trains will be ordered immediately, which others planned in the coming years.
The trains, called the ICx, will built in two different models – one a seven part unit with three power driven cars and 499 seats which can travel at speeds up to approximately 125 miles per hour, and the other a ten-part unit with five power driven cars and 724 seats, with a top speed of around 155 miles per hour.
The high speed rail trains, which the companies claim are 30% more efficient than current models in operation due, in part, to being roughly 20 tons lighter in weight, will be manufactured entirely in Germany.
Before full-scale production, two trainsets will undergo 14 months of testing for safety and performance data gathering. The first trains are being planned for public service sometime in 2016.