Siemens Rail Systems confirmed today that it is no longer in the running to provide the UK multi-billion pound Crossrail project with rolling stock, following its strategic decision not to pursue the project to supply carriages for the new railway in South East England.
The company said that it has won multiple additional orders from other companies since carrying out an initial assessment of capacity and deliverability for Crossrail and it believes the size of the Crossrail project could impact its ability to comply with its commitments to current customers.
Siemens also stated it remains “fully committed to ensuring the success of the Crossrail project through the continued delivery of the signalling and communications / control systems through Siemens rail automation business.”
This decision by the German engineering group is said to leave the way open for other companies such as Bombardier (BBDb.TO), Hitachi (6501.T) and Spain’s CAF (CAF.MC) to win the contract for delivery of 600 carriages for the new line, which will link Berkshire and Buckinghamshire via Greater London to Essex with 26 miles of new tunnels.
The high frequency, high capacity service to 37 stations linking Maidenhead and Heathrow in the west, to Shenfield and Abbey Wood is expected to provide transport for an additional 1.5 million people within 45 minutes commuting distance of London’s main business locations.
Crossrail was established in 2001 to promote and develop vital links to meet the needs of people and businesses throughout the South East of England. The company estimates that approximately 200 million passengers will travel on the new route each year, providing a 10% increase to rail capacity in the capital.