High Speed Rail Nets $10 Billion In Germany

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.

image via Siemens

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.

Aaron Colter is a freelance writer and marketing consultant in Portland, Oregon. A graduate of Purdue University, he has worked for the NCAA, Dark Horse Comics, Willamette Week, AOL, The Huffington Post, Top Shelf Productions, DigitalTrends, theMIX agency, SuicideGirls, EarthTechling, d'Errico Studios and others. He is also the co-founder of BananaStandMedia.com, a free record label, recording studio, and distribution service for independent musicians.

    • Well first this is in Germany not the US, second it is profitable for Siemens and since it is entirely produced in Germany will stimulate its economy.u00a0 Nothing here says that operation will be profitable nor how much the fares will be.u00a0 I suspect that it will require a large subsidy from the government and still be unprofitable.