New GE Loco to Meet Emissions Standards
YORK (Reuters) - General Electric Co. GE.N , in a major revamp of its railroad-locomotive technology, is launching a high-horsepower locomotive design it says will meet more-stringent federal emissions standards scheduled to go into effect in two years, the Wall Street Journal reported on Monday.
The locomotive, called the "Evolution Series," incorporates a new diesel engine and provides the basic technology for General Electric locomotives for the next 20 years, the company said.
The company said the locomotive produces the same horsepower as current GE 4,400-horsepower (3,300 kilowatt) locomotives while cutting polluting gases and particulate matter by more than 40 percent and saving about 3 percent of fuel, the report stated.
GE said it planned to sell the locomotives for about $1.8 million to $2.5 million apiece, about 10 percent to 15 percent more than locomotives currently on the market, according to the newspaper.
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