Virgin Hyperloop Sacks Half Its Employees in Pivot to Cargo Transport
The hyperloop transport company laid off over 100 employees as it shifts its focus from passenger travel to cargo transport.
Source: businessinsider.com
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DOE Issues Report Entitled 'Effect of Hyperloop Technologies on the Electric Grid and Transportation Energy'
Targeted News Service WASHINGTON, April 29 -- The U.S. Department of Energy has issued a 60-page report dated January 2021 entitled: "Effect of Hyperloop Technologies on the Electric Grid and Transportation Energy". * * * Executive Summary Hyperloop technology, initially proposed in 2013 as an innovative means for intermediate-range or intercity travel, is now being developed by several companies. Proponents point to potential benefits for both passenger travel and freight transport, including time-savings, convenience, quality of service and, in some cases, increased energy efficiency. Becau...
Source: energycentral.com