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Hyundai Rotem, a South Korean manufacturing company specializing in railway, defense, and machinery systems, has won a contract from the LA County Metropolitan Transit Authority (LACMTA) to supply electric trains. The company said on Tuesday, Feb. 6, that it has signed a deal worth $663.69 million.
It was noted that Hyundai Rotem has been actively operating its business in North America and successfully clinched many significant contracts in recent years. For its latest contract, the trains are set to be used in Los Angeles Metro.
Upgrade of Trains in LA
As per The Korea Times, the LACMTA ordered multiple electric trains from Hyundai Rotem as part of the city's project to replace the old trains in the vicinity. The agency said that the connected vehicles running on tracks have been operating since 1993; thus, an upgrade is needed.
Moreover, they purchased a new set of trains from Hyundai Rotem in response to the surging mobility demand since the United States is hosting the next Summer Olympics and the Paralympics in 2028. The LACMTA said it chose the Korean company as the final bidder for the project after a strict review covering quality, technology, and the company's previous records.
"Hyundai Rotem was able to win the project by beating competitors, recognized for its vehicle manufacturing technology, track record, and its ability to meet deadlines," Hyundai Rotem commented after winning the deal. "The company was recognized for its merits by delivering vehicles early in the unmanned electric car supply project in Vancouver, which it delivered earlier than the product delivery date in 2005 and 2018."
New Record for Hyundai Rotem
The Korea Economic Daily reported that Hyundai Rotem's agreement with the LA County Metropolitan Transit Authority is now the most significant contract in terms of value it has ever won in the U.S.
Meanwhile, to verify Hyundai Rotem's manufacturing technology for its trains, capabilities, and vehicle performance, the officials of LACMTA personally visited and inspected the Osong railway test track that KORAIL or Korea Railroad Corp built.
Photo by: Hyundai Rotem Website
