DP World and Virgin Hyperloop One to build project in India
- 5 days ago
UAE’s state operated port operator, DP World, is launching its first hyperloop project in India, in partnership with Virgin Hyperloop One.
Company Chairman Sultan Ahmed bin Sulayem stated on Sunday,"The first project will be in India, we signed an agreement and we are looking at how to test the project."
Adding that the company is eager to “go on the next step” and that the company believes, "we are investing in something we believe is going to add value."
Chairman bin Sulayem continued, "We believe there is a need for it in India."
"One of the big problems in India is transportation, the congestion." He described hyperloop's technology as potentially providing a transformative solution for the country of 1.3 billion as it runs underground, out of public view.
Virgin Hyperloop One built the world's first working, full-sized hyperloop test in Nevada which ran last year for just under a third of a mile, and accelerated a 28-foot pod to 192 mph within a few seconds.
The company is one of the few whom are ahead of the race for the technology along with Elon Musk, with the aim to completely change the way goods and people are transported.
A specific timeline has not been given on the project, however the sultan did say, "We have a team in India that is working very hard, we're working with our office here and in Los Angeles, but we are not wasting our time. The technology we brought into the company has improved 10 times. Whenever I meet with them, I see something new."
Source: Smart Trend Team