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luminary

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horse

horse

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Electric Cars Are Driving China Toward the End of the Age of Oil

An EV road trip across China reveals how economics and consumer preferences—not green concerns—are hastening the energy transition.

By Bloomberg News

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:cool:

Some basic information inside the article. The part in the article of the recycling of batteries was interesting to me.
 
Sardaukar20

Sardaukar20

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daifo said:
It takes 10 years to build a few miles of subway in a major US metro and this company thought it was a good idea to build a tunnel where a train can go 700 mph

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To all the Hyperloop fans, its not over yet. Superpowa Bharat shall now continue the development of Hyperloop.
Team Avishkar from the Indian Institute of Technology Madras (IIT Madras) has successfully tested a prototype Hyperloop pod on a 100-meter track at the IIT Madras campus. The test was conducted on July 21, 2023, and the pod reached a speed of 100 km/h.
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The team is now working on developing a full-scale Hyperloop pod that can reach speeds of up to 1,200 km/h.
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The Avishkar Hyperloop team is making significant progress in developing Hyperloop technology in India. Their work has the potential to make Hyperloop a reality and to revolutionize transportation in India and around the world. Hyperloop competition in 2024 IIT madras
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Jai Hind!
 
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Sardaukar20

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AssassinsMace said:
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Anyone ever watch the TV show Billions? It's about the romanticism and glorification of "criminals" in the financial stock market world. This show premiered around when in the news they had a lot of reporting about China stealing people's money in the stock market. The creator's of the show then were asked about it because no mention of China in the show. They acted like China was a low level player in the stock market despite how the US claimed China was stealing on a massive scale from the stock market. Only in the West where they glorify their evil.

And now you have Hyperloop going out of business. Sounds just like how they accuse China of setting up fake companies so they can steal money from investors.
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The scam kinda worked with an entire nation. Ever since the first Indian man (a Virgin employee) rode a Hyperloop in 2020. India had been super hyped for Hyperloop. For a time at least.

How it was in 2020:
First Indian boy to ride Virgin Hyperloop.JPG
Pune boy approves of Hyperloop.JPG

How its like today:
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"Hyperloop technology as far as we are concerned, we found that the offer which came from foreign countries are not very viable options. They are at a very low level of maturity of technology," he told PTI in an interview.
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BoraTas

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supercat said:
Desperate moment calls for desperate measures? Just look at the situations of the "sick men of Europe":
https://twitter.com/i/web/status/1737818646703989115
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Think-tankers are currently writing articles about Beijing home prices BTW. Their usual go-to is making wide-reaching interpolations from irrelevant pieces of data.

8 months ago they were all writing about real estate prices and deflation, and how these will tank the economy. The economy didn't tank. So they are solely focusing on these nowadays. You know house prices in Beijing = The Chinese Economy
 
BlackWindMnt

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daifo said:
It takes 10 years to build a few miles of subway in a major US metro and this company thought it was a good idea to build a tunnel where a train can go 700 mph

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Pure grifting and i wouldn't be surprised if it was a geopolitical scheme as an alternative to Chinese high speed rail.
It was the midway the 2010s so China had already shown they could create high speed rail cheap and fast enough.

You could also see in the previous thai election they were running with Hyperloop as the alternative.
Imaging being thailand where that western puppet would have won and ruled and having chosen hyperloop and discovering its could only reach 100mph :p While others in SEA approved high speed rail and going way faster.

Also wanna bet in 2030s you will hear americans complain about China having stolen the hyperloop tech..
 
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