Say goodbye to airplane!
China is now working on the vacuum tube Maglev train with minimum speed of 4000km/h that can shorten travel between beijing and USA to 2 hours.
It’s energy consumption is only 10% of commercial airplane. There is also minimal noise pollution, carbon emission and near-zero accident probability.
It is the ideal cross-atlantic transport of the future.
The question is what will the price of ticket be? Too high,it will only attract wealthy customers and thus airplane will still be in demand. Too low,the building cost may not be recuperated.
Entry filed under: Investing.