BEIJING (Reuters) – Chinese automaker Zhejiang Geely Holding Group [GEELY.UL] said on Tuesday it signed an agreement with China Aerospace Science and Industry Corp (CASIC) [SASAAI.UL] to jointly develop “supersonic” trains in the country.
The strategic framework agreement aims to combine two technologies – magnetic levitation to eliminate ground friction, and vacuum tubes to reduce air resistance – to achieve a “hypersonic” mode of transportation, Geely said in a statement.
China runs the world’s longest high-speed rail line and is looking to build its own supersonic transport network.