Bombardier to Share Technology with Chinese Rail Builder

Guess Bombardier is salivating at the Chinese urban transit market.

 

Bombardier Inc. is trying a new approach to tapping into China’s rail market – not just building trains, but selling the blueprints. The Montreal manufacturer struck a 10-year agreement to licence a variant of the technology for its Flexity 2 line of trams to a subsidiary of China South Locomotive & Rolling Stock Corp. Ltd., the biggest player in the railway manufacturing sector.    (Globe and Mail)