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Hyperloop Transportation Technologies Strikes Deal with Chinese City

Tongren city in Guizhou province has become the first city in China to sign an agreement with US-based Hyperloop Transportation Technologies (HTT). Hyperloop Transportation Technologies says it will build the supersonic transport system in the southeastern city of Tongren. Creating a hyperloop system for Tongren would give HTT the opportunity to develop its technology for a more mountainous area. The project would be broken up into two phases. The first would be an approximately 6-mile route that HTT is estimating would cost about $300 million.

This is HTT’s third commercial agreement, according to the company, after Abu Dhabi and Ukraine signed on earlier in 2018. 

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