Hitachi Europe Rail Group has withdrawn from a £1.4bn bid to supply around 110 dual-voltage EMUs for Thameslink services through London, to allow it to focus on its immediate commitments.
The company said it would focus on delivering Class 395 EMUs for High Speed 1 domestic services and improving its rolling stock manufacturing and assembling capabilities in the UK for future projects.
The winner will be announced later this year and train services will start by February 2012.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData