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Transit vehicles such as buses, vans, cars, railcars, locomotives, trolley cars, and buses, as well as vehicles utilised for support services, are referred to as rolling stock.
The market for rolling stock consists of the sales of rolling stock by organisations, sole proprietors, and partnerships with the purpose of increasing passenger capacity, enhancing safety and security, and increasing profitability.
Although there is a general feeling of optimism for the post-Covid railway, certainty is required, notably in the market for rolling stock.
The Spain Rolling Stock Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Metro de Granada (Granada Metro), a Spanish company, has hired Construcciones y Auxiliar de Ferrocarriles (CAF) to supply new trains. According to the agreement, CAF will deliver eight brand-new units for the city of Granada’s single light rail route.
The new units will be added to the 15 trains that have already been delivered and are presently running in Granada. The new units can carry 221 passengers at a maximum operating speed of 70 km/h. Within 22 months, the new units are expected to be delivered.
According to CAF, the fleet expansion will increase the number of seats and train frequency between stations, which will increase transportation capacity. Additionally, by extending its rolling stock, CAF will be able to support Granada Metro’s future planned expansions.
Adif Alta Velocidad has been given permission by the European Investment Bank (EIB) to purchase rolling stock for the upkeep of the Spanish rail network. Using the rolling stock, the Mediterranean Corridor’s development will be precisely tracked.
The money is being given through two agreements to pay for the purchase of 44 locomotives and four specially designed railway line inspection trains to conduct rescue operations, maintenance assistance, and investigations throughout the rail network.