Rail

Hyperloop developer wants to offer free trips during off-peak hours

Posted on May 29, 2015

Image: Hyperloop
Image: Hyperloop

A developer working to make Hyperloop travel from LA to San Fransisco in 35 minutes a reality, wants to offer the trip for free, according to Mashable.

Dirk Alhborn — CEO of Hyperloop Transportation Technologies (HTT), told Wired magazine that Hyperloop would offer riders free trips during off-peak hours and low fares during peak hours.

Alhborn, who says that he took inspiration for his pricing strategy from video games that use a freemium model, wants "to make [Hyperloop] something you use every single day many times." Offering a low price point for rides is his way to do so, despite price consultants who think that a Hyperloop ride would cost twice that of a plane ticket, the report said.



Hyperloop was announced back in 2013 as a mass-transportation system that can transport passengers between San Fransisco and Los Angeles in less than 40 minutes. Passengers would ride in aluminum pods in sealed tubes, traveling at speeds of up to 800 mph. Alhborn recently said the Hyperloop will likely launch within a decade — an unquestionably ambitious goal, Mashable reported.

For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

Amtrak CEO calls for new era of infrastructure investment

Moorman outlined projects that warrant significant investment including construction of the Portal North Bridge and new Hudson Tunnels in New Jersey.

Bill introduced requiring greater transparency about train safety audits

The measure was unveiled by two House Representatives from New Jersey, where it was found after a deadly crash in September that NJ Transit was the subject of a deep federal audit.

City to sue Sound Transit, WSDOT over light rail expansion plans

Mercer Island residents — even when driving solo — have had access to I-90's high-occupancy vehicle lanes, however later this year when construction gets underway to add light rail across the I-90 express lanes, that access will go away.

Wash. state Governor budgets $1M to study high-speed rail

The study would come at a time when transit agencies and departments of transportation around the U.S. are watching President Donald Trump for signs of what they can expect in terms of federal funding in the next four years.

UW-Madison team wins Innovation Award in Hyperloop competition

The team competed against 30 teams from colleges and universities from around the world in the second phase of SpaceX’s Hyperloop pod competition.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close