Italo Orders Siemens Velaro Trains for German Rail Services - Economy Class & Beyond
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Italo Train has just acquired 26 high-speed trains from Siemens Mobility for over three billion euros. This major purchase seals a plan that Deutsche Bahn would have preferred to prevent – namely, direct competition on its most lucrative ICE routes. The post Italo Train's Billion-Euro Investment: Competition for Deutsche Bahn appeared first on Business Traveller.
From 2028 italo wants to compete against the ICE with its own high-speed trains. Whether this benefits the passengers decides on rules that are still lacking.
Italo orders Siemens Velaro trains for German Rail Services - Economy Class & Beyond
Italian Open Access operator Italo is making a huge bet on Germany, with them signing a contract with Siemens for new trains after gaining track access to the German High Speed Network. Siemens Velaro for Italo – Image, Siemens Italo Holding and Siemens Mobility signed a contract in Munich for the purchase of 26 high-speed trains, with options for […]
Italo wants to conquer the German market with Siemens trains. Their most important competitor is bigger – but less profitable. Who is ahead? And where are Chinese trains driving?
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