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Union Pacific spending over $100M on 20 battery-electric locomotives

Union Pacific spending over $100M on 20 battery-electric locomotives

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Union Pacific plans to purchase 20 battery-electric locomotives, which the company says will result in the largest investment in battery-electric technology by a U.S. Class I railroad.  UP (NYSE: UNP) plans to spend more than $100 million to purchase the 20 locomotives and upgrade yard infrastructure.

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