Siemens Mobility has established Smart Train Lease, a leasing company to sell Mireo Smart trains, this is reported by the railway transport news portal Railway Supply.

Leasing company for train sales

Initially targeting clients in Germany, it plans to expand across Europe.

Unlike others offering leases for over 12 years, Smart Train Lease focuses on short to medium-term leases with included maintenance options.

The first Mireo Smart debuted in November 2023. It’s available with three propulsion types: electric, hybrid with batteries, and hydrogen fuel cells.

Siemens Mobility promises an expedited process from contract to delivery – just 1.5 years, with rolling stock available at an ‘attractive’ price with low maintenance costs.

Illustration: Siemens Mobility

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