In the race to save the planet, the technology powering Virgin Hyperloop potentially could lead the charge in reducing the carbon impact of global transportation, one of the largest contributors to climate change, by more than 25 percent, according to Virgin Hyperloop CEO and co-founder Josh Giegel.

"Transportation is the largest emitter in the U.S., it's about 29 percent," Giegel told Cheddar. "So things like electric vehicles, last mile, ride-sharing, all of those things are making a dent."

Virgin Hyperloop uses an electric propulsion system to transport pods from one place to another through a low-pressure tube. Giegel said that the pods can transport people or goods at the speed of conventional airplanes while consuming 10 times less energy.

"But we need to look at mass transportation systems for people, for cargo and that's the opportunity for hyperloop, is that we can live in this century and the next century with technology that allows us to move at these speeds and save this amount of time without having to, i'll say, destroy the planet around us," he said. "It's really sustainability without sacrifice."

The pods also would be able to seat 25 to 35 passengers, take them directly to their destinations without making additional stops, and the service would be "on-demand," allowing passengers to move at their own pace without sticking to a strict departure schedule, according to the CEO. Giegel and colleague Sara Luchian were the first live passengers to test the technology in November of last year.

As global communities continue to seek transportation options that are more climate-conscious, Giegel said he expects technologies similar to Virgin Hyperloop to become more mainstream. He pointed to the coronavirus pandemic's impact on the environment, which led to a reduction in greenhouse gas pollution and even exposed a need for speedier, efficient transportation for vaccine distribution.

"The focus on sustainability, I think, is really, really refreshing and that there's opportunity like here in the U.S. or wherever it might be to 'build back better,' to use the technology of the future to, I'll say, enable the future that we want, which is fast, it's electric, it's clean," he said. "I'm just seeing a much more rapid view on getting people into sustainable modes of transport a heck of a lot faster."

Share:
More In Business
Rep. Nancy Mace Wants Dem Support for Amazon-Backed GOP Cannabis Reform Bill
Rep. Nancy Mace (R-S.C. 1st District) joined Cheddar to discuss her cannabis legalization bill, the States Reform Act, and the prospects for gaining bipartisan support for a bill that has garnered the endorsement of e-commerce giant Amazon. This legislation is supported by businesses large and small, Amazon obviously being the most recent and largest business to support it," Mace said. "They don't want to sell pot. But what it does do is it affects their working employment pool." She stated that 10 percent of eligible new hires for Amazon are affected by restrictive marijuana laws. The representative also explained that the bill leaves equity provisions up to the states rather than mandating them on a federal level.
FIT:MATCH CEO on Savage X Fenty Collab to Use AR Apparel Sizing
FIT:MATCH is looking to change the game when it comes to the way retailers size clothes. The company's augmented reality technology takes a look at body shape data rather than generalized, traditional sizing parameters to determine how a piece of apparel will fit wearers. Haniff Brown, CEO and founder, joined Cheddar to discuss the patented ar-powered apparel technology and partnering with pop superstar Rihanna’s Savage X Fenty lingerie line. "We launched in Vegas with Savage on January 22 and we've been having goosebumps at some of the testimonials, where customers are saying this is such an easier process versus going into a fitting room and having an associate have to touch and get handsy with a cold tape measure," Brown said.
Celebrating Lunar New Year
Xiaohua Yang, professor of international business and director of the China Business Studies Initiative at the University of San Francisco, joins Cheddar News to talk about the history of Lunar New Year.
Load More