Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Siemens AG
  6. News
  7. Summary
    SIE   DE0007236101

SIEMENS AG

(SIE)
  Report
Real-time Estimate Tradegate  -  01:44:11 2023-02-08 am EST
142.21 EUR   +0.96%
12:16aEMEA Morning Briefing: Shares Poised for Gains After Powell Remarks
DJ
12:16aNews Highlights: Top Energy News of the Day
DJ
02/07Siemens Gamesa Suspended from Trading on Spanish Bourses Before Delisting
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Siemens : Third eHighway field trial starts in Germany

06/29/2021 | 08:54am EST

The eHighway system on the B 462 federal highway between Kuppenheim and Gaggenau has been successfully completed by the consortium of Siemens Mobility and SPL Powerlines Germany, handed over to the customer, and was officially opened in a ceremony today.

The eHighway technology provided by Siemens Mobility supplies trucks with electricity, via an overhead contact line, that is used to directly power the truck and charge its batteries.

'The overhead contact line, which has proven itself on highway pilots, can serve as the backbone of climate-friendly freight transport on the road. Functioning as a dynamic charging infrastructure, the eHighway system supports various electric drive technologies and supplements stationary charging. The new system installed on the Murg Valley highway is an important milestone for proving the operational maturity of the system and for gaining further practical experience prior to a broader system roll-out,' says Hasso Grunjes, Head of eHighway at Siemens Mobility.

The highway system in the Murg Valley, known as the 'eWayBW', makes it possible to test the overhead contact line technology for the first time on a federal highway with tight curves and bridges. Five trucks will be used on regular test runs in both directions along the roughly 3.4-kilometer route.

Siemens Mobility's eHighway technology is currently being tested in three public field trials in Germany. In addition to the new system installed on the B 462 federal highway, pilot projects are running on the A5 federal autobahn between the Zeppelinheim/Cargo City South junction at the Frankfurt Airport and the Darmstadt/Weiterstadt junction, and on the A1 federal autobahn between the Reinfeld junction and Lubeck interchange.

The eWayBW field test, like the other two pilots in Germany, is funded by the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety. In addition, the Federal Ministry for Transport and Digital Infrastructure supports the scaling of overhead contact lines for long-distance traffic in so-called innovation clusters. The National Platform for the Future of Mobility (NPM) recommends equipping 300 kilometers of autobahns in Germany with overhead contact lines by 2023 and electrifying a total of 4,000 kilometers by 2030 to help the country reach its climate target of reducing greenhouse gas emissions in the transport sector by 40 percent.

Contact:

Eva Haupenthal

Tel: +49 152 01654597

Email: eva.haupenthal@siemens.com

(C) 2021 Electronic News Publishing, source ENP Newswire

All news about SIEMENS AG
12:16aEMEA Morning Briefing: Shares Poised for Gains After Powell Remark..
DJ
12:16aNews Highlights: Top Energy News of the Day
DJ
02/07Siemens Gamesa Suspended from Trading on Spanish Bourses Before Delisting
MT
02/07Wind turbine maker Siemens Gamesa exits Madrid stock market after 22 years
RE
02/07Siemens Energy CEO: Supply Chain Management a Key Focus
MT
02/07Siemens Energy CEO on Supply Chain, Inflation Reduction Act
MT
02/07Inin Group Unit Wins Contract From Siemens Mobility for Railway Training Services
MT
02/07BP Slows Transition to Renewable Energy as Oil Bonanza Continues -- Commodities Roundup
DJ
02/07DAX Index Slips at Midday as Germany's Industrial Production Slumps More Than Expected
MT
02/07European Midday Briefing: Investors Look to Powell Comments
DJ
More news
Analyst Recommendations on SIEMENS AG
More recommendations
Financials
Sales 2023 75 784 M 81 053 M 81 053 M
Net income 2023 6 391 M 6 836 M 6 836 M
Net Debt 2023 37 522 M 40 131 M 40 131 M
P/E ratio 2023 17,8x
Yield 2023 3,14%
Capitalization 112 B 119 B 119 B
EV / Sales 2023 1,97x
EV / Sales 2024 1,84x
Nbr of Employees 311 000
Free-Float 88,4%
Chart SIEMENS AG
Duration : Period :
Siemens AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SIEMENS AG
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 140,86 €
Average target price 156,79 €
Spread / Average Target 11,3%
EPS Revisions
Managers and Directors
Roland Emil Busch President & Chief Executive Officer
Ralf Peter Thomas Head-Corporate Finance, Accounting & Controlling
Jim Hagemann Snabe Chairman-Supervisory Board
Hanna Hennig Chief Information Officer
Bernhard Wardin Head-Technology & Innovation
Sector and Competitors
1st jan.Capi. (M$)
SIEMENS AG8.65%119 399
HONEYWELL INTERNATIONAL INC.-4.12%138 142
GENERAL ELECTRIC COMPANY26.51%89 719
ILLINOIS TOOL WORKS INC.9.93%73 497
3M COMPANY-2.85%64 207
HITACHI, LTD.4.87%50 088