Hyperloop Transportation Technologies (HTT) has begun construction, in Toulouse France, of the world’s first full-scale passenger hyperloop capsule. HTT’s capsule will have a top speed of 1,223 kilometres per hour, be 30 metres long, with a passenger capacity of up to 40 people. It is expected to be completed in early 2018. Negotiations are continuing as to where it may make its inaugural journey.
“We are building the world’s first full scale passenger hyperloop capsule,” said Dirk Ahlborn, HTT’s chief executive. “We are taking a passenger-first approach to guarantee that safety is always our number one concern. It has been crucial in our development to go past the simple requirements of freight in order to build a better and safer system for everyone.”
HTT has an agreement with Lawrence Livermore National Laboratory for use of their passive magnetic levitation system.
The use of Hyperloop for mass transit was first considered by billionaire inventor Elon Musk in 2013 based on the idea of pods travelling through a sealed tube powered by magnetic propulsion in a low pressure environment and the electricity needed generated from solar energy. Mr Musk open sourced his idea so others may make the concept a reality.
Hyperloop One, a competitor to HTT and closely associated with Mr Musk, is carrying out a feasibility study with Dubai’s Roads and Transport Authority (RTA) and is currently building a prototype of the Hyperloop system north of Las Vegas in the Nevada desert. The marketing for the projects suggests it could cut the Abu Dhabi-Dubai commute to just 12 minutes and Dubai-Jeddah would take just over an hour.
The likelihood of the Hyperloop becoming a reality in the region, however, relies on collaborative will.
“The Hyperloop, apart from being untried, untested and probably very expensive, needs to be region-wide for any purpose. The likelihood of the negotiations between the region’s countries, were there are always winners and losers, happening in a smooth and timely fashion is unlikely,” said Matt Green, the head of research and consulting at CBRE.
“I think there are many more priorities at a country and regional level than the Hyperloop.”
ascott@thenational.ae
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Our legal advisor
Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.
Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation.
Education: Sagesse University, Beirut, Lebanon, in 2005.
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Star rating: 2/5
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Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
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Sector: Water technology
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How to come clean about financial infidelity
- Be honest and transparent: It is always better to own up than be found out. Tell your partner everything they want to know. Show remorse. Inform them of the extent of the situation so they know what they are dealing with.
- Work on yourself: Be honest with yourself and your partner and figure out why you did it. Don’t be ashamed to ask for professional help.
- Give it time: Like any breach of trust, it requires time to rebuild. So be consistent, communicate often and be patient with your partner and yourself.
- Discuss your financial situation regularly: Ensure your spouse is involved in financial matters and decisions. Your ability to consistently follow through with what you say you are going to do when it comes to money can make all the difference in your partner’s willingness to trust you again.
- Work on a plan to resolve the problem together: If there is a lot of debt, for example, create a budget and financial plan together and ensure your partner is fully informed, involved and supported.
Carol Glynn, founder of Conscious Finance Coaching
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The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
Read part four: an affection for classic cars lives on
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19% in UK say BBC is biased to right-wing views
19% in UK say BBC is not biased at all
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