Virgin Hyperloop One (VHO) said that the Hyperloop system is poised to be the most energy-efficient mode of mass transportation globally. The Virgin Hyperloop, in conjunction with Climate Week NYC made its announcement from Rockefeller Plaza at Rockefeller Center in New York City, according to a statement.
- Hyperloop is an ultramodern, superfast transport project planned to be implemented in India to link Mumbai and Pune, which are located around 200 km apart.
- The Maharashtra government has already accorded infrastructure status to the Mumbai-Pune ultrafast hyperloop transport project.
- The project seeks to reduce the travel time between the two cities to just 23 minutes.
- The statement said, “Hyperloop will be able to transport people and goods at nearly 700 miles per hour in depressurised environments via magnetic levitation.”
- It will be able to carry more people than a subway, at airline speeds and with zero direct emissions, it said.
- By combining an ultra-efficient electric motor, magnetic levitation, and a low-drag environment, the VHO system will be five to 10 times more energy-efficient than an airplane and faster than high-speed rail using less energy, it added.
- The statement said,”VHO is currently working with the Indian government of Maharashtra on a route between Pune and Mumbai. With a combined population of 25 million, the regional city pair sees more than 75 million commuting trips annually, a number which is expected to skyrocket to 130 million by 2026.”
- Virgin Hyperloop One claims to be a company that has successfully tested its hyperloop technology at scale, launching the first new mode of mass transportation in over 100 years.
- As far as the Maharashtra project is concerned, the FDI in the entire project is to the tune of Rs 70,000 crore, as per a statement issued earlier.
- The Mumbai-Pune Hyperloop project will take 7 years for completion
- It added, in the first phase, the project will be run on a pilot basis for 11.8 km in the Pune Metropolitan region at a cost of Rs 5,000 crore.