Rail traffic in the upswing: This is how the future of mobility will be!

Rail traffic in the upswing: This is how the future of mobility will be!

2400, Österreich - The world of rail transport rises! According to the International Energy Agency (IEA), a significant part of traffic is now being handled via the rail: 10% of the passenger and 7% of freight transport. The rail market is a clear winning type, benefits from demographic changes, urbanization and proactive measures by the governments. Nicolas Jacob, portfolio manager of Oddo BHF Green Planet, emphasizes that the train is not only the most efficient way of moving, but also plays a key role in sustainable mobility. In Europe in particular, a Trans -European transport network favors the development of rail transport, which is urgently needed by the transport infrastructure, since an expansion of around 430,000 track kilometers could be required by 2050 to operate future demand.

freight traffic projects are not only promoted through the increasing needs of world trade, but also through massive investments. According to Jacob, the total annual requirement is an average of $ 475 billion in order to further develop both infrastructure and modern technologies. A current example of this is Wabtec, a leading company in the field of rail vehicles and signaling technology, which achieves 50% of its sales in freight transport. Hitachi also relies on innovative solutions in sustainable mobility and thus shows the potential that is in the rapidly growing area of rail transport. These companies emphasize the importance of environmentally friendly mobility: During road traffic 80% of global CO2 emissions in the traffic sector, the train only makes 3%.

Change of personnel at Oddo BHF