TransPod, based in Canada, unveils a hybrid electric vehicle between plane and train


Canadian company TransPod unveils an electric vehicle that is a hybrid of a train and an airplane. Called FluxJet, the technology used in vehicles is contactless energy transmission. It also uses the new area of ​​physics called Vigilance Flow. This makes the vehicle faster than a jet and three times faster than a train.

Image credits – Czechia Posts

Designed to operate exclusively on a super-fast ground transportation system called the TransPod Line, the new electric vehicle can travel in a protected guideway at over 1,000 km/h.

TransPod Line is a network system with stations in crucial locations and major cities. It will have high frequency departures to facilitate fast, safe and affordable journeys. This project is expected to generate up to 140,000 jobs and add $19.2 billion to the region’s GDP during the construction phase. Once operational, the TransPod line is expected to cost passengers about 44% less than a plane ticket to travel the corridor. It is also expected to reduce CO₂ emissions by 636,000 tpa.

TransPod Co-Founder and CEO Sébastien Gendron said, “All the hard work over the past few years has led to this watershed moment where the conversation becomes a reality. The technology is proven and we have the confidence of investors, governments and partners to continue moving forward to effectively redefine transportation.

Funding

This year in March, TransPod received $550 million in funding from Broughton Capital Group and China-East Resources Import & Export for the “hyperloop” system between Edmonton and Calgary, Canada. The TransPod line will allow trips between Edmonton and Calgary in 45 minutes. Currently, these journeys take more than three hours by car.

Broughton Capital Group and China-East Resources Import & Export have agreed to offer the financing and enter into an engineering, procurement and construction (EPC) framework agreement to support the construction of the project. The project should generate up to 140,000 jobs, according to a feasibility study.

The study also predicts that the project will add $19.2 billion to the region’s gross domestic product (GDP) during its construction phase. The TransPod line is expected to help passengers reach Edmonton from Calgary in 45 minutes, a journey that currently takes more than three hours by car. In addition, the expected ridership between Calgary and Edmonton will reduce carbon emissions by 636,000 tpy, according to the feasibility study.

TransPod Co-Founder and CEO, Sébastien Gendron, said, “As the first and only company to confirm such funding for a multi-billion dollar tube transportation infrastructure project, TransPod is proud of its commitment. drive growth in Alberta through true innovation and partnership. Building and operating a TransPod line will help Albertans get around easily, create new jobs and facilitate investment in the region.

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