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Announced the purchase of its first hybrid diesel-battery electric mainline locomotive from Progress Rail, a Caterpillar Company, as part of its decarbonization plans. The EMDยฎ will be tested to understand the potential impact and opportunity related to retrofitting a larger portion of the Companyโs fleet. CN is collaborating on this initiative with the Province of British Columbia who awarded approximately $3.2 million to the Company under the Clean BC Go Electric Commercial Vehicle Pilots Program. CN Rail shares T.CNR are trading up $1.46 at $176.32.
Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.
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