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Voith and China Railway Rolling Stock Corp (CRRC) approved the setup of two joint ventures in Beijing and Shanghai, focusing on R&D, manufacturing, sales and services of rail industry products including gear units for high-speed trains, regional trains, metro and light rail, as well as wind gearboxes and air compressors for industrial markets.
“Voith and CRRC will pool together their well-established expertise in the rail industry, align their global supply chains, drive synergies in capturing emerging market opportunities.”voith.com
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