Chicago to Cleveland in 32 minutes? A hyperloop system could make that possible.
Hyperloop Transportation Technologies had the first set of tubes arrive at its research and development center in Toulouse, France, in 2018.
That kind of speed 10 times faster than a car, more than twice as fast as a plane could bring an explosion of economic growth, according to a new study.
Building a hyperloop system to carry passengers between Chicago, Cleveland and Pittsburgh could lead to more than 900,000 jobs and $47.6 billion in increased income, according to the Great Lakes Hyperloop Feasibility Study being released Monday by the Northeast Ohio Areawide Coordinating Agency, which coordinates regional transportation spending.
I think it would be a great opportunity for transforming transportation and the way we live and work and play, said Grace Gallucci, executive director of the Cleveland-based agency. The agency shared the cost of the $1.3 million study with Hyperloop Transportation Technologies, or HyperloopTT, a California company interested in developing the route.
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