Several businesses are working on the system, including Virgin Hyperloop, in which Dubai-based port operator DP World owns a 75% stake.
According to Sultan Ahmed bin Sulayem, CEO of Emirati international logistics giant DP World, the Hyperloop, a high-speed mass transit system for passengers and freight, will likely be introduced first in India or Saudi Arabia before being introduced in the UAE.
Sulayem claimed high-speed transportation will become a reality in many parts of the world by the end of this decade while speaking on the sidelines of the Dubai Expo 2020, a six-month event that began on October 1.
“I’ll see it first in India or, at the time, in Saudi Arabia. When asked about the Virgin Hyperloop’s timescales, Sulayem remarked, “Our hope is that when we attain economies of scale and you have long routes and it is popular, you will probably pay the price of a truck for the speed of an aeroplane.”
Several businesses are presently working on the technology, including Virgin Hyperloop, in which Dubai-based port operator DP World owns a 75% stake. Hyperloop is defined as a sealed tube or set of tubes with low air pressure through which a pod can travel by little or no resistance from air or friction.
In November of last year, the business conducted the first human test in a hyperloop pod. Sulayem told CNN in an interview at the Expo 2020 site, where the business is displaying a full-scale Hyperloop pod, that “it’s not decades, it’s years.”
According to DP World, the Hyperloop can drastically reduce inventory transportation times, reduce completed goods inventory, and reduce warehouse space and costs by 25%.
Richard Branson, chairman of Virgin Hyperloop One, unveiled plans for a hyperloop system connecting Pune and Navi Mumbai in Maharashtra in February 2018. The coronavirus outbreak has put a stop to such preparations.
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