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Euronews
Euronews
Saskia O'Donoghue

French rail start-up Velvet gets green light to compete with SNCF on high-speed lines

France’s high-speed rail network could soon have a new name on departure boards, as a homegrown start-up prepares to take on state-owned SNCF.

Velvet, founded by a former SNCF executive, says it has secured an initial licence to operate high-speed trains on routes linking Paris with cities including Bordeaux, Nantes and Angers, with services planned from 2028.

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