13/10/2023 - Alstom statement on Evolyn Press Release issued on October 11

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Samuel Miller

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13 October 2023 –  In reference to the recent Evolyn Press Release issued on October 11, which seemingly confirmed an agreement between Evolyn and Alstom for the acquisition of twelve (12) Very High-Speed Trains, Alstom would like to provide important information, as a means of clarification, and as such wishes to highlight the following items:

Alstom and Evolyn have established a short-term agreement to proceed with initial train system engineering activities with the objective of accelerating activities, should the parties eventually enter into a contract for the purchase and delivery of a certain number of trains, provided that Evolyn is capable of securing project financing.

With regards to potential future delivery dates for new trains, at this time, the final train delivery dates will be confirmed when a firm and final contract will be agreed upon, to be signed at a later date.