Yahoo Finance. 20 July. 6 minute read.
With an aim to boost its high-speed transportation development, China has signed a deal with California-based Hyperloop Transportation Technologies (HTT) to build a hyperloop track China’s Guizhou province. The track would propel cargo-carrying pods a large tube at speeds of 750 miles per hour using magnets, greatly improve transportation time and help reduce automobile congestion in the country.
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