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Siemens wins China high-speed train order

By DPA,

Munich : China has ordered 100 high-speed trains from German engineering giant Siemens and its Chinese partners, the company announced in Munich Friday.

Siemens will supply components worth 750 million euros ($1 billion) for the Velaro trains, which will be assembled in China and used on the Beijing-Shanghai route from 2010.

The Velaro, a development of Siemen’s successful ICE model used in Germany, has a total length of 400 metres, making it world’s longest single train used in high-speed transportation.

Siemens has already delivered 11 high-speed trains to China out of an earlier order for 60.