China’s crazy car-straddling elevated is reportedly just a giant scam

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[url=https://arstechnica.co.uk/civis/viewtopic.php?p=33596953#p33596953:3cpf6kpx said:
Faustus Scaevola[/url]":3cpf6kpx]People who invested in this basically deserved to get scammed. A promised 12% yearly return?

Journalists everywhere should feel ashamed though. Way too many hailed this as something revolutionary. Even the original Ars article after noticing all flaws inherent to the concept ended the new story with:

Still, it's an exciting concept. In countries with very specific infrastructure setups—or the wherewithal to make dramatic infrastructure changes to accommodate elevated buses—the TEB could revolutionise public transport.

Of course it couldn't.

I stand by those comments! I still think elevated transport is a pretty good idea. It's cheaper than building tunnels.

You could totally imagine these things on long stretches of straight roads - the kind of roads that lead into major cities that are often congested. Kind of like autonomous lorry convoys. They're very effective - just only useful in quite specific scenarios.

Keep your fancy elevated transport; I want TUBES.

tubes.jpg
 
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