Today, the European Commission presented a new fact-finding study assessing the current state of the European hyperloop sector and exploring possible avenues for EU support.
Hyperloop has the potential to dramatically reduce travel times across the continent, delivering ultra-high-speed, low-emission passenger and freight mobility. While the technology is not in use yet, the study finds that the European hyperloop sector has progressed beyond the design stage, with several European developers at the forefront of global testing and prototyping efforts.
The study highlights that hyperloop is maturing quickly and could soon move from prototyping to demonstration. Its potential to contribute to decarbonisation, digitalisation, regional cohesion and industrial renewal makes it strategically relevant for the EU. At the same time, the sector also faces challenges such as uncertain business cases, high capital costs, and regulatory fragmentation.
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