Hyperloop development has struggled in the past. Hyperloop One (formerly Virgin Hyperloop), one of the major companies that backed efforts at the transport system’s development, shut down last December, after years of developing the technology. The company had suffered numerous financial setbacks in recent years.It should be noted that while the western world has struggled with Hyperloop development, China already seems to have a functional one that is breaking speed records. The company, which has been testing its vehicle at the European Hyperloop Test Centre, said that it had successfully “levitated” its vessel and sent it hurtling through the centre’s 420-meter underground tube. Do you think that the western world is falling behind in technology ?
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