electric transportation Archives - The Hemet & San Jacinto Chronicle https://hsjchronicle.com/tag/electric-transportation/ The Hemet & San Jacinto Chronicle Tue, 10 Dec 2024 02:44:26 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://hsjchronicle.com/wp-content/uploads/2019/06/HSJC_favicon_49px.jpg electric transportation Archives - The Hemet & San Jacinto Chronicle https://hsjchronicle.com/tag/electric-transportation/ 32 32 254957898 Hyundai’s Rotem Electric Acquires Riverside Warehouse in Expansion https://hsjchronicle.com/hyundais-rotem-electric-acquires-riverside-warehouse-in-expansion/ https://hsjchronicle.com/hyundais-rotem-electric-acquires-riverside-warehouse-in-expansion/#respond Thu, 12 Dec 2024 07:30:00 +0000 https://hsjchronicle.com/?p=65034 Hyundai’s electric transportation subsidiary acquired a 44,609-square-foot warehouse in Riverside for $15.5 million, or $347-per-square-foot. The new construction building located at 2078 Rustin Ave. was acquired by the Cerritos-based U.S. subsidiary of the automotive giant. Hyundai’s Rotem Smart Electric Group builds high-speed trains, locomotives and trams. The company is one of three train-building companies that participated in a […]

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]]> Hyundai’s electric transportation subsidiary acquired a 44,609-square-foot warehouse in Riverside for $15.5 million, or $347-per-square-foot. The new construction building located at 2078 Rustin Ave. was acquired by the Cerritos-based U.S. subsidiary of the automotive giant. Hyundai’s Rotem Smart Electric Group builds high-speed trains, locomotives and trams.

The company is one of three train-building companies that participated in a pre-bid conference for California’s high-speed rail project that aims to begin carrying passengers between Merced and Bakersfield by 2030. The brand-new building is set to be completed by the end of the year and features 30-foot clear heights, one ground level door and five dock high doors.

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