First 10km of UAE hyperloop ‘ready in 2020’

The project billed as the world’s first commercial hyperloop system is on course to open its first 10km section next year in Abu Dhabi, United Arab Emirates (UAE). In an interview Bibop Gresta, chairman of Hyperloop Transportation Technologies, told Emirates News Agency that the average cost would be $20-40m per km. Despite the cost, he is confident that the scheme – which will eventually run for 150km between Abu Dhabi and Dubai – will pay for itself in “eight to 15 years”. “It will be paying for itself
January 29, 2019 Read time: 2 mins

The project billed as the world’s first commercial hyperloop system is on course to open its first 10km section next year in Abu Dhabi, United Arab Emirates (UAE).

In an %$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 link-external interview false http://wam.ae/en/details/1395302733154 false false%> Bibop Gresta, chairman of 8535 Hyperloop Transportation Technologies, told Emirates News Agency that the average cost would be $20-40m per km.

Despite the cost, he is confident that the scheme – which will eventually run for 150km between Abu Dhabi and Dubai – will pay for itself in “eight to 15 years”.

“It will be paying for itself and then it will be generating profits for the country,” he said. “So it is not only fast but also very efficient."

The system uses electro-magnetic levitation engineering to carry pods at high speeds, thus reducing journey times considerably.

Gresta said that a capsule which will be deployed on the project is being tested in Toulouse, France, on a prototype track before being used in the UAE.

"Hyperloop can quickly become profitable. It presents the ability to build a mass transit system that would not require government subsidies," he added.

For more information on companies in this article

Related Content

  • Satellite navigation 'has made drivers lazy'
    October 30, 2014
    A majority of UK drivers have no idea of how to read a map and are likely to find themselves hopelessly lost without their satellite navigation (satnav) system. That's the shocking finding of a UK vehicle leasing company which has found that people rely on their electronic devices so heavily that they often have no idea of the route they've taken to reach their destination. In addition, Flexed.co.uk has found that virtually everybody who has used a satellite navigation device has found themselves lost
    Read More
  • Ficosa pledges €500m investment in C/AV technology
    March 19, 2019
    Spanish firm Ficosa is to put €500m into R&D over the next four years to provide new technology for connected and autonomous vehicles (C/AVs). The firm believes that revenue from its technology systems will rise from €100 million to €800 million over the next five years. Assisted driving and e-mobility are other areas of interest, and the company has already put its money where its mouth is, showing off a new e-mobility development centre last year. The company had overall revenues of €1.28 billion
    Read More
  • TagMaster CityRadar cuts through clutter
    March 21, 2018
    Swedish company TagMaster has unveiled a new radar designed and optimised for smart city applications in traffic counting. Traditionally, it has been difficult for this type of radar to accurately track the number of pedestrians and cyclists because of the interference generated by passing vehicles. TagMaster’s CityRadar cuts through this interference, allowing the radar to count all three classes of traffic simultaneously in adjacent lanes – particularly useful in a city such as Amsterdam, with its huge
    Read More
  • MEPs: action needed to reduce transport emissions for Paris Agreement
    December 18, 2017
    MEPs have called for the full application of existing rules and for the Commission to introduce new measures to reduce transport emissions and meet the Paris Agreement commitments, in a new resolution. It has also requested for them to set new carbon dioxide (CO2) standards for car fleets from 2025 onward, with the intention of phasing out new models of these vehicles.
    Read More

Highlighted Content