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New York Set to Acquire the Next Generation of Subway Cars

https://nytimes.com/2018/01/19/nyreg...portation.html

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- The agency that runs New York City’s troubled subway said on Friday that it plans to spend close to $4 billion to buy over a thousand new train cars to modernize an aging fleet, a major investment meant to help remedy the delays and breakdowns that plague the system. — New York will also join other cities around the world in deploying trains with open pathways between cars that can squeeze in more riders at a time when the subway struggles under the burden of accommodating nearly six million riders every day.

- The first cars, which will be manufactured under a contract between the Metropolitan Transportation Authority and the Japanese company, Kawasaki, are scheduled to be delivered in July 2020. — The authority has committed about $1.45 billion to buy over 500 cars with an agreement to take steps to purchase more if the initial group performs well, for a total of 1,612 cars. The contract could ultimately pay Kawasaki more than $3.7 billion with the financing being provided by the federal Transit Administration.

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