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Mitsubishi Electric Makes First Delivery of Traction Systems for French National Railway Operator SNCF Voyageurs
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
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Rhea-AI Summary
Mitsubishi Electric Corporation has made a strategic advancement by delivering traction systems for 28 long-distance electric trains to SNCF Voyageurs, marking its first-ever supply to the French national operator. This historic delivery positions Mitsubishi as a pioneer in providing roof-mounted converters and inverters with natural air-cooling for mass-transit electric trains. The selection was based on the positive evaluation of prototype transformers previously delivered in December 2017, highlighting the company’s low maintenance costs and high performance.
Positive
First-ever delivery of traction systems to SNCF Voyageurs strengthens market position.
Recognized as the first Japanese supplier for SNCF Voyageurs, enhancing brand credibility.
Pioneering technology with roof-mounted converters and inverters with natural air-cooling.
Positive evaluation of previous prototype transformers boosts future business opportunities.
Negative
None.
Historic delivery expected to strengthen company’s transportation systems business in Europe
TOKYO--(BUSINESS WIRE)--
Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has made its first-ever delivery of traction systems for 28 AMLD long-distance electric trains operated by French national train operator SNCF Voyageurs. With the delivery, which was made to Spanish train builder Construcciones y Auxiliar de Ferrocarriles, S.A. (CAF), a SNCF Voyageurs contractor, Mitsubishi Electric believes that it is not only the first Japanese company to supply traction systems for electric trains operated by SNCF Voyageurs but also the world’s first company to supply roof-mounted converters and inverters with natural air-cooling systems and main transformers for mass-transit electric trains. In a partnership with the Spanish branch of Mitsubishi Electric Europe B.V., Mitsubishi Electric now aims to further strengthen its transportation systems business in Europe.
SNCF Voyageurs and CAF selected Mitsubishi Electric as the supplier following their favorable evaluation of prototype main transformers delivered in December 2017 for a Z2N commuter train and T4 tram-train operating in Paris. SNCF Voyageurs and CAF highly evaluated Mitsubishi Electric’s supply record as well as the low maintenance cost and high performance of the roof-mounted converter and inverter with natural air-cooling.
What is the significance of Mitsubishi Electric's delivery to SNCF Voyageurs?
The delivery is significant as it marks Mitsubishi Electric's first-ever supply of traction systems to SNCF Voyageurs, positioning the company as a key player in the European transportation market.
What technology is Mitsubishi Electric providing to SNCF Voyageurs?
Mitsubishi Electric is supplying roof-mounted converters and inverters with natural air-cooling systems for long-distance electric trains.
When did Mitsubishi Electric previously deliver prototype transformers?
Mitsubishi Electric delivered prototype transformers in December 2017, which were positively evaluated by SNCF Voyageurs and CAF.
What is Mitsubishi Electric's goal in Europe following this delivery?
Mitsubishi Electric aims to further strengthen its transportation systems business in Europe.
How does this delivery impact Mitsubishi Electric's stock (MIELY)?
The delivery is expected to positively influence Mitsubishi Electric's stock by enhancing its reputation and business prospects in the European market.
