The idea of hyperloop transportation has grown in popularity in recent years. Elon Musk, inventor and Founder of SpaceX, Tesla and PayPal has even gone so far as to tout them as "the fifth mode of transportation" after roadways, railways, airways, and waterways. While there are lots of people who support the development of hyperloop and see it as the future of transportation, there are just as many critics out there who believe the hyperloop concept is nothing more than a pipe dream that will never happen. If you are planning on investing your time or money in this idea, then you will have to decide for yourself whether it has the potential to become reality, of if it’s just an illusion.
Hyperloop is a concept for a ground transportation system that would travel faster than a commercial airliner at a fraction of the price. It was first conceived by Elon Musk in 2012, and while it is still a concept under development, it has the potential to change the future of travel if successful. Hyperloop is a near-vacuum tube that uses electromagnetic propulsion and levitation to move pods at speeds of up to 760 mph. The concept goes back at least as far as the 18th century, when inventor George Medhurst successfully built a railway station in London that operated using pneumatics, a technology that uses compressed air to move objects, similar to how hyperloop functions.
This idea of using compressed air to advance transportation regained popularity in 2013 when Elon Musk released the “Alpha Paper”. This white paper laid out his vision for a high-speed transportation system that would eliminate the two factors that slow down existing travel methods: air resistance and friction. In the document, Musk explained hyperloop would work using transportation pods that would be supported by a soft air cushion within a tube and driven forward using magnetic induction and electromagnetic pulses. This would overcome the problems of air resistance and friction that have plagued traditional transportation methods, creating a more efficient mode of travel. He claimed it could cut the 380-mile trip between San Francisco and Los Angeles to a mere thirty-five minutes. If successful, this would mean hyperloop travel would occur at speeds reaching 670 mph, which is 15 percent faster than current commercial air travel.
Since the release of the whitepaper, many companies have sprung into action in the race to bring hyperloop to life. Musk’s patent-free release of the concept has produced a competitive fever to create this new mode of transportation. The speed of invention has quickened as numerous players work on hyperloop development, with the front-runners being Virgin Hyperloop One, Musk’s own The Boring Company, and Hyperloop Transportation Technologies. In 2020, Virgin Hyperloop One completed its first test of human travel in hyperloop pods, which was completed successfully. However, Virgin One has recently scrapped its plans for passenger travel to focus solely on cargo transportation, attributing the change in strategy to global supply-chain issues and challenges arising from the COVID 19 pandemic.
According to Yahoo Finance, the global hyperloop technology market is expected to be the fastest-growing transportation segment, estimated at US $1.9 billion in 2021. It is expected to grow to US $9.0 billion by 2026, and will likely see new players starting to enter the space as technologies develop.
Currently, hyperloop is largely being developed and tested in the U.S., although many other countries are also developing their own hyperloop projects. KPMG has predicted that India is likely to pioneer hyperloop technology, as they have been working on projects to connect their sprawling cities of Mumbai and Pune through hyperloop – a 100-mile trip that can take upwards of four hours to complete by road. Virgin Hyperloop One had been spearheading this project until their recent shift towards freight, which leaves questions around the projects’ future.
India, however, is not the only country hoping to be the first to use hyperloop technology. Hyperloops are being planned to connect Dubai with Abu Dhabi and Mexico City with Guadalajara.
If successful, hyperloop technology has the potential to change the face of travel. As a potential mode of transportation, hyperloop is attractive due to its speed and its emphasis on solar power for energy consumption. However, some experts have expressed reservations regarding hyperloop's engineering challenges. The withdrawal of Virgin One from the development of passenger travel has further raised concerns about the feasibility of hyperloop travel as this pivot resulted in the company laying off more than 100 staff members. One of the biggest speed bumps hyperloop faces is the elaborate nature of the tube system, which is estimated to cost millions of dollars.
With all these opposing views on hyperloop, let’s weigh the pros and cons so you can decide for yourself what the future of travel has in store.
Given the reduction of friction and air resistance that is inherent in the design of hyperloop, this form of travel should be able to reach unprecedented speeds. Theoretically, hyperloop could reach maximum speeds of up to 760 mph, revolutionizing the world of transport. Passengers and cargo would be able to travel from point A to B in significantly shorter periods than was ever possible with positive changes for society. For example, rapid transportation could help to ease the housing crisis faced by many major cities as more people would be willing and able to live in the outskirts, in addition to saving commuters hours of travel time.
Hyperloop is designed to run on electricity and solar energy, making it a low-emission long-distance mode of transport. Solar panels on the rooftops of above-ground hyperloops have been proposed as a source of energy, as well as battery-powered hyperloops that store electricity in the tubes. Reduced friction means hyperloop requires only a minimal amount of electricity to reach high speeds, with the potential of being one of the most environmentally friendly methods of transportation alongside the electric automobile.
Its potential use case to transport freight could also help to minimize the significant carbon emissions created by trucks.
Hyperloop has been designed to be a low-density, high-frequency transportation method. This allows for speed and safety while maintaining a high volume of travel. This is particularly important in a post-COVID world, where there is greater importance placed on the ability to maintain distance between people to reduce the spread of transmissible diseases such as the coronavirus. The first Hyperloop design carries around 30 to 40 passengers per pod, allowing it to potentially transport small groups of passengers at a high frequency due to its speed.
Hyperloop is still in its infancy, meaning there is a lot of research, development and testing that needs to occur to bring hyperloop to life. This makes the initial cost of creating hyperloop incredibly high. Musk's $6 billion price figure, according to financial and transportation experts, significantly understates the expense of designing, creating, constructing, and testing this new mode of transportation. According to leaked financial figures from 2016, Musk's Hyperloop might cost up to $13 billion, or $121 million per mile, making it difficult for many companies to enter the playing field to bring this vision to life.
Hyperloop, like any other mode of transportation, has a number of inherent safety hazards, and contingencies must be included in the system. As hyperloop is to operate at such high speeds, even the tiniest break in a vacuum tube would pose a major risk to passengers and crew. The companies behind hyperloop technology expect pods to leave every 30 seconds to two minutes. As a result, if an accident were to occur, the short distance between pod departures would increase the likelihood of a pile-up.
Capacity is another concern when it comes to the implementation of hyperloop. Even when operating at a higher frequency with fewer passengers, it is still unknown whether hyperloop will be able to transport the same volume of passengers that existing mass transit systems do. Critics argue that a significant number of pods will be necessary to achieve the same passenger numbers as traditional rail, which uses considerably larger carriages. There are also several engineering problems to overcome, such as making the tubes strong enough to resist the stresses of transporting the high-speed pods and figuring out energy- and cost-effective ways to keep them running at low pressure.
That is the multibillion-dollar question that, as yet, remains unanswered. Hyperloop has the potential to be the fastest mode of transport available, with low carbon emissions and lower passenger density in a post-COVID world. However, hyperloop companies still need to raise a significant amount of money in funding, prove that the system can be constructed and operated safely and efficiently, and create plans to ensure that hyperloop can be an effective alternative to traditional modes of transit before this future technology can become a reality.