US startup Hyperloop One is hosting a media event in New Delhi on February 28, Tuesday to share its “Vision for India”. There will be discussions on “the need for transformative transportation” in the country.
For those unaware, the company is building a high-speed transportation based on the hyperloop concept, which can be simply seen as an electromagnetically levitated pod running through a low-pressure tube.
“Hyperloop One is creating a new mode of transportation that offers speeds three to four times faster than high-speed rail for 67 percent of the cost to deploy and operate. It’s electric and with its smaller footprint can fit comfortably into many existing rights of way,” said the company in the media invite for the event.
Also read: Hyperloop Transportation Technologies May Come Up With High-speed Travel Network in 5 States
Minister of Railways Suresh Prabhu and NITI Aayog CEO Amitabh Kant will be present at the event along with Hyperloop One Executive Chairman and Co-Founder, Shervin Pishevar, and Hyperloop One Global CEO Rob Lloyd.
Stay tuned to this space for more updates.