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

Metra to seek proposals for new railcars, engines

The exact number will depend on the responses to the RFP, the amount of funding available, and whether Metra can use financing alternatives, such as leasing, to maximize its funding.

Siemens diesel-electric locomotives to begin operation on Calif. train

The Charger clean diesel-electric locomotives are the first high-speed passenger locomotives to receive Tier IV emissions certification from the FRA.

Alstom delivers last of 22 Venezuelan metropolis trainsets

The Alstom-led consortium “Grupo de Empresas,” together with Colas Rail and Thales, subcontracted by Consorcio Linea 2, is responsible for the project, including engineering, integration, and commissioning of the electromechanical works on a turnkey basis.

Stun gun incident causes stampede after NJ Transit train gets stuck in tunnel

This latest incident happened three weeks after the derailment of an Amtrak train at Penn Station and a week after a NJ Transit derailment shut down eight of 21 tracks there and disrupted travel in the region for days.

Holt to lead railroad systems engineering at WSP | PB

He will be responsible for leadership, direction and management of engineering services for railroad and rail transit projects and will support the firm's related business initiatives across the country.

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