Virgin Hyperloop joins Ellen MacArthur network

Virgin Hyperloop One (VHO) is joining a network of companies which aim to accelerate the transition of businesses to a more sustainable economic model. VHO says it will commit to establishing methods to reuse decommissioned elements of its system and reducing its carbon output as part of the Ellen MacArthur Foundation’s Circular Economy 100 (CE100) Network. The traditional ‘linear’ economy where products are made, used and then disposed of is challenged by the ‘circular’ economy, where re-use of a product
October 24, 2019 Read time: 2 mins

Virgin 8535 Hyperloop One (VHO) is joining a network of companies which aim to accelerate the transition of businesses to a more sustainable economic model.

VHO says it will commit to establishing methods to reuse decommissioned elements of its system and reducing its carbon output as part of the Ellen MacArthur Foundation’s Circular Economy 100 (CE100) Network.

The traditional ‘linear’ economy where products are made, used and then disposed of is challenged by the ‘circular’ economy, where re-use of a product at the end of its life is encouraged in order to preserve finite resources.

Virgin’s founder Sir Richard Branson says: “The only way to address this mounting crisis is head-on. We need big ideas like hyperloop to reach zero-emission transport while rapidly connecting people and goods.”

Ellen MacArthur’s CE100 lead Joe Murphy says: “It is this collaboration among our diverse and dynamic network that enables members to realise circular economy innovation opportunities much faster than they could alone.”

The move was announced at the Rockfeller Plaza in New York City, in which VHO showcased its XP-1 test vehicle.

For more information on companies in this article

Related Content

  • Los Angeles drivers may face congestion charge following study
    March 6, 2019
    After a century as the city of the automobile, Los Angeles is taking a major step on the road towards congestion charging. The Los Angeles County Metropolitan Transportation Authority (LAMetro) is to explore road pricing and is also thinking about levying fees on ride-share companies for their part in creating gridlock. The moves are part of LAMetro’s ‘Re-imagining of Los Angeles County: Mobility, Equity and the Environment’ plan, which seeks policies to make transport sustainable in the famously-cong
    Read More
  • London needs just one road user charge, says report
    July 8, 2019
    London’s patchwork of road charging schemes should be replaced by a single, distance-based user charge, according to new research. Apart from anything else, it would be much fairer… The UK capital’s multiple road charging schemes require a radical overhaul, according to a new report by the Centre for London thinktank. The suggested solution is to replace existing levies on drivers with a single, distance-based user charge which would more fairly reflect how much, and at what time, people are using London
    Read More
  • Moscow summit urges transit change
    June 11, 2019
    International ITS experts flocked to Russia for a new conference on the challenges of urban transit. Eugene Gerden reports from Moscow The Leaders in Urban Transportation Summit is a new international conference organised by the Moscow Department of Transport and Road Infrastructure Development. Dedicated to the latest developments in the field of ITS in the city of Moscow, it took place in the Moskva-Citi Business Center in April – and the intention is to make it an annual event. Senior transport o
    Read More
  • Utah DoT and Panasonic get connected
    August 30, 2019
    Utah is making smart roadways a priority and has entered a partnership with Panasonic to move things forward. Adam Hill asks Utah DoT to outline where the state is heading Utah Department of Transportation (UDoT) has form when it comes to connectivity. It built the first operational connected vehicle corridor in the US – and has now joined up with Panasonic to extend its operation. “When we work with technology providers, we are working together to get that win-win,” says Carlos Braceras, UDoT executi
    Read More

Highlighted Content