Virgin Group has announced plans to launch high-speed trains, aiming to reshape Channel Tunnel travel. This move challenges Eurostar’s monopoly and signals a shift in cross-channel rail services. This was reported by the railway transport news portal Railway Supply.

Virgin Group has announced plans to launch high-speed trains, aiming to reshape Channel Tunnel travel.
Credit: Shutterstock

Virgin Group’s Investment in High-Speed Trains

Virgin Group, led by Richard Branson, plans to invest over £500m in a revolutionary fleet of high-speed trains. The investment, scheduled for this quarter, aims to outpace Spanish rail company Evolyn. Evolyn is also preparing to enter the Channel Tunnel market, intensifying competition in the sector.

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The group is evaluating train models from Siemens, Alstom, Hitachi, and Talgo, with two suppliers shortlisted. According to project lead Phil Whittingham, the company expects to finalize supplier selection soon. Virgin’s fleet is anticipated to be operational by 2029, with funding requirements surpassing £1bn.

High-Speed Trains to Transform Cross-Channel Travel

The Office of Rail and Road (ORR) is reviewing whether existing infrastructure can accommodate new high-speed trains. East London’s Temple Mills depot, which Eurostar claims is at full capacity, may require expansion to support Virgin’s fleet.

Despite challenges, Virgin remains confident about its plans. The company believes increased competition will benefit passengers through improved services and competitive pricing. Virgin’s leadership emphasizes its readiness to address infrastructure and regulatory hurdles, ensuring project success.

Virgin Group’s bold initiative highlights its commitment to modernizing transportation. By challenging Eurostar, Virgin is poised to transform the Channel Tunnel travel experience with innovative and sustainable solutions.

Source: news.railbusinessdaily.com

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