Mexican Media Brands
Geely Inks Deal to Develop Hyperloop System in China
China’s Zhejiang Geely Holding Group has signed an agreement with China Aerospace Science and Industry Corp. (CASIC) to develop a hyperloop-type train system.
Share
China’s Zhejiang Geely Holding Group has signed an agreement with China Aerospace Science and Industry Corp. (CASIC) to develop a hyperloop-type train system.
The partners didn’t provide a timeline or investment plans for the project. State-owned CASIC previously has said it was developing a system train system that can operate at speeds of more than 1,000 kph (620 mph).
Similar to other hyperloop ventures, Geely and CASIC will use magnetic levitation (maglev) and vacuum tubes to reduce friction and air resistance. The combination promises to transports passengers and freight across long distances at speeds as great as 750 mph.
Geely says the project also could help the development of advanced material science, new energy vehicles and automotive safety. In addition to the hyperloop system, Geely is working with CASIC on internet-related technologies and other programs.
Several other companies are developing hyperloop systems, which Tesla CEO Elon Musk proposed five years ago. Hyperloop Transportation Technologies and rival Virgin Hyperloop One already have begun testing pods on tracks in the U.S., Europe and the Middle East.
RELATED CONTENT
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
-
Engineering the 2019 Jeep Cherokee
The Jeep Cherokee, which was launched in its current manifestation as a model year 2014 vehicle, and which has just undergone a major refresh for MY 2019, is nothing if not a solid success.
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
