L.A. Company Wins China Hyperloop Deal
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Re: L.A. Company Wins China Hyperloop Deal
#2Re: L.A. Company Wins China Hyperloop Deal
#3Re: L.A. Company Wins China Hyperloop Deal
#4Re: L.A. Company Wins China Hyperloop Deal
#5Does anyone know why they are building it in a seemingly less populated/ prosperous province?
Re: L.A. Company Wins China Hyperloop Deal
#6Does anyone know why they are building it in a seemingly less populated/ prosperous province?
Re: L.A. Company Wins China Hyperloop Deal
#7It's a little concerning that this isn't really a sale - it's a joint venture. From the article:
"HyperloopTT will form a joint venture with the Tongren authorities, according to the Guizhou provincial government, though the company’s announcement didn’t say whether it would be expected to transfer technology."
Has to be taken with a bit of caution as we've seen how this worked out in high speed rail:
"China's early high-speed trains were imported or built under technology transfer agreements with foreign train-makers including Alstom, Siemens, Bombardier and Kawasaki Heavy Industries. Since the initial technological support, Chinese engineers have re-designed internal train components and built indigenous trains manufactured by the state-owned CRRC Corporation." [https://en.wikipedia.org/wiki/High-speed_rail_in_China]
You'll find that China now is battling for dominance in the global high speed rail market and the formerly leading European providers (Seimens, Altrom) and in trouble and may have to merge just to survive.
"European rivals unite as CRRC threatens to corner train market " [https://www.bloomberg.com/news/articles/2017-09-27/alstom-si...]
[https://www.credit-suisse.com/corporate/en/articles/news-and...]
Re: L.A. Company Wins China Hyperloop Deal
#8Does anyone know why they are building it in a seemingly less populated/ prosperous province?
Since the capacity of a Hyperloop system is close to zero (less than 1000 passengers per hour, much less than a lane of highway and two orders of magnitude less than an ordinary railroad), it doesn't really matter where you put it.
Re: L.A. Company Wins China Hyperloop Deal
#9Does anyone know why they are building it in a seemingly less populated/ prosperous province?
Re: L.A. Company Wins China Hyperloop Deal
#10Earlier quoted context omitted.
Since the capacity of a Hyperloop system is close to zero (less than 1000 passengers per hour, much less than a lane of highway and two orders of magnitude less than an ordinary railroad), it doesn't really matter where you put it.
Should we be comparing it to trains or planes though?