Siemens Mobility has secured a landmark agreement with RIVE Private Investment to provide up to 50 new Vectron locomotives to the European rail freight market, marking a significant step toward modernizing the sector. The deal, announced in late February 2025, includes an initial order of 15 locomotives, along with an eight-year full-service contract, and an option to expand by an additional 35 units in the future.
The partnership between Siemens Mobility and RIVE’s leasing arm, Northrail, is not new; the two companies have been working together for years. Their latest collaboration expands a fleet of Vectron locomotives, which has already covered over a billion kilometers across 16 European countries.
A New Era for Rail Freight
The new locomotives are part of a broader push to enhance the efficiency and sustainability of European rail freight, as the EU continues to promote rail as a more eco-friendly and efficient transport option. The Vectron family of locomotives is known for its flexibility, able to operate across multiple European rail networks, thus ensuring smoother and faster movement of goods.
“The Vectron locomotives are central to our vision of a greener future for rail,” said Andre Rodenbeck, CEO of Rolling Stock at Siemens Mobility. “This agreement underscores the growing trust in our technology.”
According to Michael Trentzsch, Chief Investment Officer at Northrail AG, the new locomotives are essential for the company’s continued growth and sustainability: “These locomotives are crucial for our long-term sustainability and growth.”
Shaping the Future of European Transport
The deal, which follows the handover of the 40th Vectron Dual Mode locomotive from a prior agreement, signals Siemens Mobility’s commitment to leading innovation in European rail transport. “This agreement cements our strategic position in the railway sector,” stated Camille Brunel, Partner at RIVE Private Investment. “We’re investing in transport solutions that drive the modal shift and decarbonization of land transport.”
The Vectron locomotives are already operating in 20 European countries, with more than 2,600 units sold. Siemens Mobility is poised to further shape the future of sustainable rail transport in Europe, as this deal adds to their growing fleet and supports the continent’s push toward greener transportation solutions.
Key Points:
- Deal Signed: February 2025, securing up to 50 Vectron locomotives.
- Initial Order: 15 locomotives with an option for 35 more.
- Partnership: Siemens Mobility and RIVE Private Investment’s leasing subsidiary, Northrail.
- Impact: Reinforcing European rail freight efficiency, sustainability, and innovation.
- Vectron Locomotives: Already operating in 20 countries, over 2,600 units sold.
This deal highlights Siemens Mobility’s and RIVE’s commitment to driving the future of rail freight with innovation and sustainability at its core.
Image Credit: SiemensMobility
