Cubic Corp. said its automated fare collection system, installed on Shanghai's metro service about three months ago, has generated sales of 100,000 contactless smart cards and more than one million magnetic tickets.

Transit officials said they expect the number of users to double within one year.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.