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Toshiba and Singapore Rail Engineering establish joint venture to supply Energy Efficient Propulsion System

| Products & Services | 09/29/2014

Toshiba and Singapore Rail Engineering establish Railise

SMRT subsidiary Singapore Rail Engineering and Toshiba establish JV to market and supply Energy Efficient Propulsions System to Mass Transit Operators globally
Date: Sep 24, 2014
Source: Toshiba Corporation

BERLIN, 23 September 2014 – Singapore Rail Engineering Pte. Ltd. (SRE) and Toshiba Corporation (TOKYO: 6502) have decided to setup a joint venture to market and supply propulsion systems using Toshiba’s Permanent Magnet Synchronous Motor (PMSM) technology. The joint venture agreement was signed today at InnoTrans, the international transport technology trade fair taking place in Berlin this week. The new company will be called Railise Pte. Ltd.

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