Knorr-Bremse and Hyundai Rotem extend their cooperation

Source: Knorr-Bremse announcement

MUNICH — Knorr-Bremse has extended its longstanding cooperation with Hyundai Rotem Company (HRC). Under the terms of a recently signed framework agreement with a contract value of approximately one million double-digit euros, Knorr-Bremse will supply for the first time the three key subsystems for this type of HRC light rail vehicle.

From 2023 until at least 2028, the company-Bremse will equip more than 200 VLRs with braking, access and air conditioning (HVAC) systems. VLRs are intended for use in several rail markets around the world.

“Knorr-Bremse aims to provide future-oriented solutions for local public transport services that respond to global megatrends in urbanization and mobility,” explained Dr. Jürgen Wilder, Member of the Board of Directors. of Knorr-Bremse AG and responsible for rail vehicles. Systems division. “South Korea, with its reputation as a center of innovation and a pioneer in modern transport, is a very relevant market for Knorr-Bremse. We are delighted to have once again earned the trust of HRC. Beyond the purely technical advantages, this framework agreement offers opportunities for additional synergies that will benefit both companies in the long term.

The company will supply its rugged, field-proven electro-hydraulic braking systems, including blast systems and magnetic crawler brakes. The reliable, weight-optimized and low-maintenance entrance systems will be supplied by the IFE brand from Knorr-Bremse, the world market leader in rail vehicle entrance systems, while the heating, ventilation modular, scalable and energy-efficient air conditioning (HVAC) systems) will come from Merak, Knorr-Bremse’s brand for integrated air conditioning solutions.

The agreement follows previous successful cooperations between HRC and the Munich-based company in the tram segment, using all Knorr-Bremse braking and entry systems. The new deal also includes contract extension options.

Hyundai Rotem, a South Korean listed company, is a global heavy industry company that produces, among other things, all kinds of rolling stock, high-speed trains, locomotives, catenary-free LRVs, subways and magnetic levitation trains (maglev) trains.

To view the full announcement, click HERE.

Source link