Hyundai Rotem’s unmanned rail vehicle exported to Sao Paulo, Brazil
/ Courtesy of Hyundai Rotem |
By Jane Han
Staff Reporter
Hyundai Rotem, a train-manufacturing affiliate of Hyundai-Kia Automotive Group, said Thursday it exported the company's unmanned rail vehicle to Sao Paulo, Brazil, for the first time, raising hopes for export expansion in other parts of the world.
Under the deal, the company is set to supply 84 vehicles for the Sao Paulo Metro for $160 million. With the newest contract, Hyundai Rotem's trains are now operating in three cities ― Rio de Janeiro, Salvador and Sao Paulo ― in the South American country.
The Korean firm first entered the Brazilian market in 2003.
Sao Paulo, with a population of 10 million, has the biggest transit market in South America, which adds significance to Hyundai Rotem's supply deal in the city, according to company officials.
The city currently operates six suburban lines and four subway lines. Hyundai Rotem's cars will be used for metro line 4, which is slated to begin running in March 2010.
The new line is designed to cut through the city's key transfer stations and connect unlinked districts.
``The implementation of Hyundai Rotem vehicles in Sao Paulo's new subway line is going to help promote our technological prowess and brand image,'' said a company spokesman.
He explained that Hyundai Rotem will provide the key drive and electrical systems used to power the rail cars.
``Our system will help relieve Sao Paulo's extreme traffic congestion," he added.
The Korean company is pinning its hopes on winning an upcoming bid to supply cars for Brazil's high-speed rail line. The 520-kilometer-long bullet train system is designed to link Rio de Janeiro, Sao Paulo and Campinas.
``Many opportunities are ahead for us in Brazil,'' said the company spokesman, who added that the 2014 World Cup and 2016 Summer Olympics will increase the need for more public transportation in the country.
jhan@koreatimes.co.kr
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