Page 10 - Virgin Hyperloop News Today

Hyperloop One, the company testing a proposed high-speed transportation system in the Nevada desert, is reportedly shutting down.Bloomberg reports that the comp

Hyperloop One, the company testing a proposed high-speed transportation system in the Nevada desert, is reportedly shutting down.Bloomberg reports that the comp

Hyperloop One is shutting down its operations. The company was founded in 2014 promising pods that would carry passengers at airline speeds through nearly airless tubes. Turns out, it wasn’t really viable.

BluSmart co-founder Punit Goyal said he set up a 20 MW solar power plant in Gujarat that he sold to a Saudi player for $68 million, before selling off another 70 MW power plant in Maharashtra to Suzlon for $55 million. 

An ultra-high speed transportation system for passengers and cargo, Hyperloop has three essential working elements: tubes, pods, and terminals. While the concept has been around for a long time, it is at an early stage of trial and development by startups, academicians, and organisations across the world. ETAuto studies the progress made in India and how far is the dream from turning into a reality.

Hyperloop India: India is unlikely to adopt hyperloop technology for high-speed trains in the near future due to its low level of technological maturity and economic viability. NITI Aayog Member V K Saraswat noted that foreign offers for the technology were not viable, and hyperloop remains a study program.

Hyperloop India: India is unlikely to adopt hyperloop technology for high-speed trains in the near future due to its low level of technological maturity and economic viability. NITI Aayog Member V K Saraswat noted that foreign offers for the technology were not viable, and hyperloop remains a study program.

Hyperloop is a high-speed train, running in vacuum in a tube. The technology is proposed Elon Musk, who is behind electric car company Tesla.

Get latest articles and stories on India at LatestLY. India is unlikely to go in for hyperloop technology for ultra high-speed trains in the near future as the technology is at a 'very low level' of maturity and may not be economically viable at the current juncture, NITI Aayog Member V K Saraswat said on Sunday. India News | India Unlikely to Have Hyperloop Trains in Near Future: NITI Member V K Saraswat.

India is unlikely to adopt hyperloop technology for high-speed trains in the near future due to its low level of technological maturity and economic viability. NITI Aayog Member V K Saraswat noted that foreign offers for the technology were not viable, and hyperloop remains a study program.