Smart Train Lease CO2 Reduction Project

Smart Train Lease GmbH is a subsidiary of Siemens Mobility founded in 2023 and launched to the market in February 2024 in Germany. Smart Train Lease offers the opportunity to rent innovative, sustainable, state-of-the-art battery trains which can replace diesel trains. Mireo Smart trains are part of the leasing model of Smart Train Lease. They are available in various versions but for this project activity the focus is on the highly energy-efficient battery-electric train (referred to as “Plus B”). The battery train fleet is managed centrally and enables rail operators to rent trains at short notice, offering a cost-efficient solution for regional passenger transport services, depending on the demand. production, lease and monitoring of 24 Mireo Smart Plus B across Germany, starting from 2026. The ultimate purpose of Smart Train Lease is to displace old diesel trains, contributing to the cleaner, greener, and smarter mobility transition in Germany by aligning with sustainable development goals, resulting in a reduction of 10,334 tCO2e on average per year and a total of 51,672 tCO2e over the first crediting period of 5 years from 01/07/2026 to 30/06/2031.