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• First infrastructure for electric trucks on a German autobahn
• Sustainable freight transport by cutting energy consumption in half
• Commissioning at end of 2018

Siemens has been commissioned by the German state of Hesse to build an overhead contact line for electrified freight transport on a ten-kilometer stretch of autobahn. The line will supply electricity for the electric drive of a hybrid truck. Siemens originally presented its innovative "eHighway" concept in 2012. The system will be installed on the A5 federal autobahn between the Zeppelinheim/Cargo City Süd interchange at the Frankfurt Airport and the Darmstadt/Weiterstadt interchange.

The energy company Eni Norge, a subsidiary of Eni S.p.A. has joined the Siemens Subsea Power Grid Joint Industry Program (JIP). Siemens Subsea is developing a complete subsea power network with a group of partners, led by Chevron and including Statoil, Exxon and Petrobras, as part of a Joint Industry Program (JIP). The JIP is one of the main initiatives in the offshore oil and gas industry for advancing large scale subsea processing.

• DB Regio orders 57 articulated trains based on the new Mireo platform
• Service in network of Rhine-Neckar S-Bahn
• Staged commissioning beginning in December 2020

Siemens will deliver 57 Mireo trainsets to DB Regio AG, the local transport arm of Deutsche Bahn. Following the product's launch in the summer of 2016, this is the second order for Siemens' new regional and commuter train platform. The Mireos will serve the Rhine-Neckar S-Bahn (regional suburban rail network). The trains will be built at the company's factory in Krefeld, Germany.

• DB Regio orders 57 articulated trains based on the new Mireo platform
• Service in network of Rhine-Neckar S-Bahn
• Staged commissioning beginning in December 2020

DB Regio AG has ordered 57 three-car Mireo trainsets. Following the product's launch in the summer of 2016, this is the second order for Siemens' new regional and commuter train platform. The trains will be built at the company's factory in Krefeld, Germany. Commissioning will follow in two stages: Service on routes in the states of Baden-Württemberg and southern Hesse will begin in December 2020, while service on the Mannheim – Mainz route largely in the state of Rhineland-Palatinate will begin operation in December 2021.

• Testing and validation of advanced HL-class technology under real conditions at customer site
• New efficient technologies to be rolled out subsequently to existing gas turbine portfolio
• Designed to plug in to Siemens suite of digital products – running on MindSphere

Siemens is paving the way for the next level of efficiency with the development of its HL-class. In June 2017, Siemens announced the company will validate the technologies of its HL-class at Duke Energy's Lincoln County site in North Carolina. Siemens is developing this class in an evolutionary development step derived from its proven SGT-8000H technology. The advanced Siemens HL-class gas turbines combine a series of new but already tested technologies and design features with the best of past experience – resulting in a technology carrier to the next level of efficiency and performance. The HL-class is clearing the way to efficiency levels beyond 63 percent with a mid-term goal to reach 65 percent.

• First call for 60 Vectron multisystem locomotives
• Delivery beginning at end of 2017

Siemens and DB Cargo AG have signed a framework agreement for the delivery of 100 locomotives. At the closing of the contract, the freight transport arm of Deutsche Bahn called up 60 Vectron multisystem locomotives. The locomotives will serve on the Rhine-Alpine-Corridor (DACHINL: Germany, Austria, Switzerland, Italy and the Netherlands). Delivery of the vehicles will begin at the end of 2017. The locomotives will also operate in Belgium beginning in 2020. The locomotives will have a maximum output of 6.4 MW and a top speed of 160 km/h, and will be equipped with the European Train Control System (ETCS). They will be built in the Siemens plant in Munich-Allach, Germany.

• First call for 60 Vectron multisystem locomotives
• Delivery beginning at end of 2017

Siemens and DB Cargo AG have signed a framework agreement for the delivery of 100 locomotives. At the closing of the contract, the freight transport arm of Deutsche Bahn called up 60 Vectron multisystem locomotives. The locomotives will serve on the Rhine-Alpine-Corridor (DACHINL: Germany, Austria, Switzerland, Italy and the Netherlands). Delivery of the vehicles will begin at the end of 2017. They will be built in the Siemens plant in Munich-Allach, Germany. Siemens recently sold its 500th electric Vectron locomotive.

• Revenue rose 8% compared to Q3 FY 2016, to €21.4 billion, including a strong performance by short-cycle businesses
• Orders came in 6% lower, at €19.8 billion, due to sharply lower volume from large orders at Power and Gas and at Siemens Gamesa Renewable Energy, the business resulting from the merger of Siemens' wind power business with Gamesa Corporación Tecnológica S.A. (Gamesa) beginning with Q3 FY 2017; the book-to-bill ratio for Siemens overall was 0.93
• On a comparable basis, excluding currency translation and portfolio effects, revenue rose 3% and orders were 9% lower
• Profit Industrial Business rose 3% to €2.3 billion; as expected, negative merger and acquisition effects related to Gamesa and Mentor Graphics Corporation (Mentor Graphics) reduced Industrial Business profit margin to 10.4%
• Net income rose 7%, to €1.5 billion; basic earnings per share (EPS) of €1.74, up from €1.64 in Q3 FY 2016 despite negative merger and acquisition effects

"Our global team delivered a solid quarter with revenue up 8% and net income growing by 7%. Our digital enterprise business impressively underscored its leading position in the market. We are fully on track with Vision 2020 and for another strong year."

• Supervisory Board decides to extend Kaeser's appointment until 2021
• Following successful implementation of Vision 2020, focus on next steps

The Supervisory Board of Siemens AG has extended Joe Kaeser's appointment as President and Chief Executive Officer ahead of schedule. His term of office will now extend until the Annual Shareholders' Meeting in 2021. This move is intended to ensure the continuity and stability needed for sustainable and successful implementation of the company's Vision 2020 strategy program. "Over the past few years, Mr. Kaeser has driven Siemens' realignment with great dedication and entrepreneurial spirit," said Supervisory Board Chairman Gerhard Cromme. "He's not only a guarantor of success, but also of stability in increasingly turbulent times. From the perspective of the Supervisory Board, it's all the more gratifying that we'll be continuing the extremely successful collaboration with Mr. Kaeser, which is based on the highest levels of trust."