Category: Mobility

BusinessManufacturingMobility

Eurostar Invests €2 Billion in New Double-Decker Trains for European Expansion

Eurostar has finalized a €2 billion order for 30 next-generation double-decker trains from French manufacturer Alstom. The new fleet will enable expansion to destinations like Geneva and Frankfurt as the company prepares for potential competition in the Channel Tunnel.

Major Fleet Investment

Eurostar has reportedly finalized a €2 billion deal to purchase next-generation double-decker trains from French manufacturer Alstom, according to industry reports. The company has ordered 30 Alstom Avelia Horizon models, with the first six trains scheduled for delivery in 2031. Sources indicate this massive investment will form the backbone of Eurostar’s expansion strategy to new destinations including Geneva and Frankfurt.

by Jessica Moore P.E.
BusinessMobility

Electric Vehicle Market Shows Record Growth Amid Industry Concerns

Electric vehicle sales reached unprecedented levels globally in recent months, with US purchases jumping 40% as buyers raced to secure tax credits. Despite these record numbers, industry analysts report automakers remain concerned about profitability and governments are reevaluating EV mandates.

Record-Breaking EV Sales Despite Market Uncertainty

Electric vehicle sales in the United States surged to unprecedented levels between July and September, with Americans purchasing more than 430,000 EVs according to recent reports. This represents a remarkable 40% increase from the previous quarter, which analysts suggest was driven by consumers racing to qualify for federal tax credits before potential expiration.

by Jessica Moore P.E.