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Alstom to build new battery-electric train fleet

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: Alstom to build new battery-electric train fleet
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Market & Financial Impact: The government says the work will support thousands of jobs across the UK.
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Actionable Insight: 🏛️ Policy & Macro: Interest rate, inflation, or regulatory changes affecting broad market valuations.

The new battery-electric TransPennine Express trains are set to enter service in 2034

Work to create the UK's first battery-electric trains for long-distance main line services is set to begin in 2028, the Department for Transport (DfT) has announced.

The 29 new Adessia Stream trains are expected to enter service in 2034 and will be built at Alstom's Litchurch Lane factory in Derby.

The government said the investment of almost £1bn would help support more than 350 jobs at Alstom and a further 6,000 jobs across the UK supply chain.

Prime Minister Andy Burnham said the new trains would deliver "faster, more reliable journeys to the north and thousands of British jobs for the next generation".

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