A dedicated forecourt for electric vehicle (EV) charging has opened at London Gatwick Airport in the United Kingdom, the first of its kind to be introduced by an international airport.
Hyperloop One to Shut Down, Ending Its Vision for 'Frictionless' Transport
23.12.2023 - 13:17 / skift.com / Richard Branson / Elon Musk
High-speed freight transportation company Hyperloop One will shut down, having failed to win any contract to build a working hyperloop, Bloomberg News reported on Thursday citing people familiar with the matter.
The Los-Angeles-based firm, which completed the world’s first passenger ride on a super high-speed levitating pod system in 2020, will sell off its remaining assets, while the employment for its remaining employees will end on Dec. 31 this year, according to the report.
Hyperloop One did not immediately respond to a Reuters request for comment.
In a hyperloop system, which uses magnetic levitation to allow near-silent travel, a trip between New York and Washington would take just 30 minutes – twice as fast as a commercial jet flight and four times faster than a high-speed train.
Elon Musk had reignited interest in the technology in 2013 by setting out how a modern hyperloop system would work. His own tunneling enterprise, The Boring Company, is seeking to send passengers packed into pods through an intercity system of giant, underground vacuum tubes known as the hyperloop.
Hyperloop One was founded in 2014 and raised more than $400 million, largely from United Arab Emirates shipping company DP World and British billionaire Richard Branson.
(Reporting by Aatreyee Dasgupta and Bhanvi Satija in Bengaluru)
Copyright (2023) Thomson Reuters. Click for restrictions
This article was from Reuters and was legally licensed through the DiveMarketplace by Industry Dive. Please direct all licensing questions to [email protected].
The website maxtravelz.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Top Autors
Popular Topics
insider.com
09.01.2024 / 21:21
I went on my first Mediterranean cruise and made one mistake I still regret months later
"What are you doing tomorrow?" A fellow passenger asked me on the last night of my first European cruise.
skift.com
09.01.2024 / 14:29
Jetstar Asia's New CEO Is Qantas Veteran John Simeone
Jetstar Asia, the low-cost carrier based in Singapore, has appointed John Simeone as its new CEO. Barathan Pasupathi, the outgoing CEO who led the airline for 12 years, will step down from his role on March 1 to “pursue other opportunities.”
euronews.com
06.01.2024 / 23:43
London Underground strike: Travel chaos expected for the capital next week as tube shuts down
The London Underground is set to grind to a halt for almost all of next week as workers walk out over pay.
lonelyplanet.com
03.01.2024 / 16:17
The 6 best national parks for persons with disabilities
As national parks look for ways to better serve travelers with disabilities, here are the top parks doing it right.
traveldailynews.com
03.01.2024 / 09:37
Playa Hotels & Resorts unveils ingredients to its F&B success
Takes Hyatt Ziva Cap Cana’s dining concepts to new levels.
traveldailynews.com
03.01.2024 / 09:06
13.9 million Brits searched for or booked a holiday during festive season
14% of Brits plan to search for and 12% plan to book a holiday during the festive season.
breakingtravelnews.com
01.01.2024 / 10:54
NO passports needed to get into Britain under new Home Office plans for ‘frictionless travel’
Passports could become a thing of the past for those arriving in the UK under new Home Office plans to create ‘frictionless travel’ at Britain’s borders. New hi-tech e-gates will be fitted at airports which will be so advanced they will allow arrivals into the country using only advanced facial recognition.
thepointsguy.com
26.12.2023 / 22:09
Marriott Bonvoy offers properties for every type of family traveler — here are 3 to try
Sometimes traveling with your family or young children in tow requires a different set of needs from your hotel. For example, if staying on budget is important, you may value free parking more than room service. And on the other hand, if you're looking to splurge on spa or babysitting services, you'll find yourself looking for accommodations with those amenities instead.
nationalgeographic.com
25.12.2023 / 09:11
11 of the best wildlife cruises for 2024 and beyond
The cruise industry is seeing a surge in demand for expeditions that bring us closer to the diversity of wildlife inhabiting some of the most pristine parts of our natural world. From journeys through Arctic waters, expeditions in the Amazon rainforest and island-hopping in the volcanic Galápagos archipelago, we round up 11 of our favourites for the year ahead.
skift.com
21.12.2023 / 19:55
Tommy Bahama Brings Beach Vibes to Its First Hotel
The retailer Tommy Bahama is best known for its Hawaiian shirts and board shorts. But the yacht-owning multi-millionaires who like the brand’s easy breezy clothes have wanted a similarly ultra-chill hotel to slip into.
forbes.com
20.12.2023 / 00:39
Hilton To Add 24 New Properties To Its Lineup In 2024
Hilton has some exciting news for 2024. Along with extra points available, 24 new properties will be added to the Hilton lineup in locations worldwide. Some of these new properties will also be the first for the major hotel brand. Here’s a quick preview of the new places to add to your travel list.