Urban rail business news

The latest business news from the global urban rail supply industry.

Electric bus leasing programme launched

16 Jul 2018

USA: A joint venture of electric bus manufacturer BYD Motors and infrastructure financier Generate Capital has launched a $200m electric bus leasing programme. The aim is to help public- and private-sector clients accelerate ... more

Uraltransmash Holdings unveiled two prototype trams at the Innoprom-2018 industrial exhibition.

UTM unveils two prototype trams

13 Jul 2018

RUSSIA: Uraltransmash Holdings unveiled two prototype trams at the Innoprom-2018 industrial exhibition held in its home city of Yekaterinburg on July 9-12. The Type 71-415 is a fully-low floor vehicle designed in-house by UTM as ... more

HQ Equita acquires transport technology companies and expects market growth

10 Jul 2018

INTERNATIONAL: German investment group HQ Equita has signed an agreement to acquire a majority stake in public transport communication, security and monitoring technology supplier r2p from Swedish investor Alder Fund ... more

CAF signs agreement to acquire Solaris

03 Jul 2018

INDUSTRY: Spanish rolling stock and signalling supplier CAF signed an agreement to negotiate the purchase of 100% of the shares in Polish bus and tram manufacturer Solaris Bus & Coach on July 2. The enterprise value of ... more

Italian state railway launches multimodal app

26 Jun 2018

ITALY: State railway FS Italiane launched a nationwide multimodal transport planning app on June 22. Nugo is available for Apple and Android devices. It enables users to plan a door-to-door journey throughout the country and ... more