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Siemens agrees deal for High Speed Trains worth €3 billion
['Janine Booth']
RailAdvent
Siemens Mobility will manufacture the Velaro trains in Germany, at its facility in Krefeld in North Rhine-Westphalia.
It was founded in 2012, and was Europe’s first private open access operator of 300 km/h (190 mph) high-speed trains.
Siemens Velaro trains // Credit: Siemens MobilityEach of the Velaro trains will have eight cars and around 440 seats.
At the official opening of TransMEA 2025, Siemens Mobility unveiled the Velaro high-speed train to the Egyptian public for the first time // Credit: SiemensSiemens Mobility worked with Deutsche Bahn AG (DB) to develop the Velaro high-speed train.
During the 30-year full-service agreement with Italo, Siemens Mobility will provide comprehensive maintenance at its own depot in Dortmund, Germany.