Rio Tinto will buy 4 battery-electric locomotives from Wabtec

Mining company Rio Tinto will be purchasing four FLXdrive battery-electric locomotives from rail technology provider Wabtec (NYSE: WAB) as part of its wider efforts to reduce scope 1 and 2 carbon emissions by 50% by 2030.

The locomotives will support Rio Tinto’s mining operations in the Pilbara region of western Australia. By utilizing the locomotives, which Wabtec says have an energy capacity of 7 megawatt-hours, Rio Tinto expects to reduce its fuel costs and emissions by double digits...

https://www.freightwaves.com/news/rio-tinto-will-buy-4-battery-electric-locomotives-from-wabtec

Wabtec, GM collaborating on advanced battery technologies for locomotives

A composite image in which a photograph of an advanced battery is on top of a photo of a train crossing a bridge.

Wabtec (NYSE: WAB) and General Motors (NYSE: GM) are collaborating on bringing battery and fuel cell technology to the freight locomotive.

The two will seek to develop and commercialize GM’s Ultium battery technology and HYDROTEC hydrogen fuel cell systems for Wabtec locomotives. The collaboration consists of a nonbinding memorandum of understanding, in which Wabtec brings the expertise in energy management and systems optimization, while GM brings the advanced technology it has been developing...

https://www.freightwaves.com/news/wabtec-gm-collaborating-on-advanced-battery-technologies-for-locomotives

Wabtec: Battery-electric locomotive reduces fuel use by 11%

A photograph of a train locomotive crossing over a bridge.

Wabtec’s (NYSE: WAB) battery-electric locomotive reduces a train’s fuel consumption by an average 11%, the Pittsburgh-headquartered rail equipment manufacturer and technology provider said Monday. 

The FLXdrive, which Wabtec bills as the world’s first 100% battery-powered, heavy-haul freight locomotive, also reduced the train’s greenhouse gas emissions, according to the company. Wabtec was unveiling the results of a three-month study on the locomotive.

“The FLXdrive battery-electric locomotive is...

https://www.freightwaves.com/news/wabtec-battery-electric-locomotive-reduces-fuel-use-by-11