SACRAMENTO, Calif. – On the heels of the nearly $3.1 billion historic federal investment for California’s high-speed rail project, which includes funding for new electric trains, the California High-Speed Rail Authority today released its shortlist of qualified bidders for its high-speed trainsets. The identification of the shortlisted teams is an important step toward the release of the Request for Proposals and procurement of state-of-the-art electrified high-speed trainsets capable of operating at speeds up to 220 mph.