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

  • Solving Detroit’s jams: just ask a Michigan student
    October 17, 2019
    At the Institute of Transportation Engineers annual meeting, a clever student plan to reduce commute times in Detroit suggests the future of the ITS industry is in good hands, write Pete Spiller and Jarrod Cady A team of students from the University of Michigan won a national student Transportation Technology Tournament - sponsored by the National Operations Center of Excellence (NOCoE) and the US Department of Transportation - with a compelling presentation on reducing congestion. In an impressive d
    Read More
  • Diverse development of tolling business models
    April 25, 2013
    A diversity of tolling business models offers a wider toolbox of highway finance options, as the IBTTA’s Patrick Jones explains. The business models for America’s tolled highways have gone through several different evolutions over the last 75 years, reflecting a succession of shifts in transportation policy and politics, financing and funding models, urban patterns, customer needs, and technology. And with more and more decision-makers expressing renewed interest in tolling, it’s that very diversity that ma
    Read More
  • The ice man cometh
    August 7, 2018
    Extreme meteorological events have captured global headlines in recent years. Adam Hill talks to Vaisala’s Mark DeVries about what that means for transportation companies trying to keep roads clear. Extreme meteorological events have captured global headlines in recent years. Adam Hill talks to Vaisala’s Mark DeVries about what that means for transportation companies trying to keep roads clear
    Read More
  • New services and equipment helps cities tackle air quality issues
    September 19, 2017
    With poor urban air quality shortening lives and fines being imposed for breaching pollution limits, authorities are seeking ways to clean up their cities. Poor air quality is topping the agenda for city authorities across the globe. In the UK, for example, a report from the Royal Colleges of Physicians and of Paediatrics and Child Health, concluded that poor outdoor air quality shortens the lives of around 40,000 people a year – principally by undermining the health of people with heart and/or lung prob
    Read More

Highlighted Content