The Boring Company wins bid to negotiate deal for high-speed, autonomous public transit in Chicago

Posted On: Jun 14, 2018   |   Posted By: Business Insider

The Boring Company wins bid to negotiate deal for high-speed, autonomous public transit in Chicago

Elon Musk's Boring Company won a bid that could bring autonomous, high-speed public transit to Chicago.
The Boring Company and the city of Chicago will begin negotiations to develop the company's Loop transit system, which could transport passengers between downtown Chicago and O'Hare International Airport in an estimated 12 minutes. It'll be called The Chicago Express Loop.
Musk's company was selected out of four other bidders. If the Boring Company and Chicago reach a final deal, the project would be privately funded, but many other questions remain, because Loop has not been tested at scale.
It is unknown when the project will go online.
The Boring Company, the tunneling venture led by Elon Musk that seeks to build underground pathways that would house high-speed autonomous transit, landed a big win in Chicago on Wednesday night.
The company and city officials will enter negotiations to bring the Loop transit system to Chicago. Loop aims to shuttle passengers between downtown Chicago and O'Hare...

Continue reading ...

 






The last Posts from Business Insider



Android Q will offer carriers more power to lock down phones

Android Q will offer carriers more power to lock down phones

If there's one thing that hasn't changed in decades, from “dumb” feature phones to smartphones, is that carriers always try to lock customers into their service. In addition to... Read more ...

New Hitman 2 Event Brings 47 To Winter In Japan Free To All Players

New Hitman 2 Event Brings 47 To Winter In Japan Free To All Players

It's January, so the cold weather is biting at your heels no matter how hard you try to escape it. It's the perfect time to stay at home and play some new content for some of... Read more ...

France slaps Google with €50m fine for GDPR violations

France slaps Google with €50m fine for GDPR violations

CNIL slams firm's lack of transparency around user data Read more ...

NVIDIA Shield TV, 10.5-inch iPad Pro, and Kindle Paperwhite are on sale today

NVIDIA Shield TV, 10.5-inch iPad Pro, and Kindle Paperwhite are on sale today

The week is starting off with some great deals on a couple of Android and iOS devices and a new e-reader. First up, the NVIDIA Shield TV is on sale for $149 at both Amazon and... Read more ...

Elon Musk was approached about building tunnels for CERN's massive new atom...

Elon Musk was approached about building tunnels for CERN's massive new atom smasher

Italian particle physicist Fabiola Gianotti cornered Tesla chief executive Elon Musk last July in London at a gathering of the Royal Society scientific academy. Gianotti, who's... Read more ...

Samsung's new Exynos 7 Series processor promises premium features for...

Samsung's new Exynos 7 Series processor promises premium features for mid-range phones

Samsung has just announced it's new Exynos 7 Series processor, specially designed to bring high-end features to mid-range smartphones. The new mobile processor will reduce the... Read more ...

Samsung Galaxy S10 Might Use Transparent Second Display To Solve Hole-Punch...

Samsung Galaxy S10 Might Use Transparent Second Display To Solve Hole-Punch Issue

A recently published patent suggests upcoming Samsung smartphones might utilize what is in effect a secondary screen in certain circumstances to overcome the issue of aspects... Read more ...

Samsung Gear S3 and Gear Sport updates bring improvements to Health...

Samsung Gear S3 and Gear Sport updates bring improvements to Health, Messages, and more

The Gear S3 and Gear Sport may not be Samsung's latest smartwatches, but that isn't stopping them from getting major software updates. Both the Gear S3 and Gear Sport are now... Read more ...

A new blood test could detect Alzheimer's before symptoms emerge

A new blood test could detect Alzheimer's before symptoms emerge

Alzheimer's disease is an incredibly serious late-life aliment that can have a massive impact on an individual's quality of life and self sufficiency. The good news is that... Read more ...

Play all the hits with Anker's Soundcore Mini 2 Bluetooth Speaker at $9 off

Play all the hits with Anker's Soundcore Mini 2 Bluetooth Speaker at $9 off

This tiny, well-rated Bluetooth speaker is down to a new low price. Anker's Soundcore Mini 2 Bluetooth Speaker drops to just $21.05 at Amazon when you clip the coupon on its... Read more ...