Remember that ambitious elevated bus project in China? Called the Transit Elevated Bus (TEB), the idea was to have a traffic-straddling bus/train cruise over the top of cars and help alleviate traffic woes in the city of Qinhuangdao.
The project has now faced a gigantic setback in that it has been officially scrapped, according to the Hong Kong Economic Journal. In its report, authorities have ordered the dismantling of the TEB’s 300-meter long test track, which residents in the area claimed was causing more traffic problems.
As a recap, the TEB measures 22 meters in length, 7.8 meters in width, 4.8 meters tall and can clear vehicles measuring 2.1 meters in height. Capable of carrying up to 300 passengers, the bus/train is powered electricity and solar energy, and can travel at speeds of up to 60 km/h.
The project has attracted plenty of controversy, with many claiming it to be a scam to obtain funds from investors. The project was funded by peer-to-peer (P2P) lending, where an online company matches potential investors with borrowers, promising a high interest return. P2P platforms operate in an unregulated grey area in China, with fraud being rampant in the sector.
Still not convinced about China's futuristic "straddling bus" that floats above the traffic? Check out this video.
>> http://shst.me/dk4
Posted by Shanghaiist on Friday, 27 May 2016
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Wow. Prototype alredi made and civil works for track alredi done. If this was in MY, the bashings wud be over 9000.
How many prototype proton has made with that 1bil development find?
Waja
Waja CPS
Gen2 (RHD+LHD)
Gen2 CPS
Savvy
Saga2 (RHD+LHD)
Saga3 (RHD+LHD)
Exora (RHD+LHD)
Satria Neo
Preve (RHD+LHD)
Iriz
Persona
Persona2 (RHD+LHD)
Suprima
Perdana2
And how much profit these models generated?
You sound like those overgrown babies in PDAM, nak garuanteed profit only… Profit n loss is nature of buisnes- nothing stays constant.
R&D ≠ profits.
Just ask Tesla.
No one is asking guaranteed profit. Proton is more of guarateed loss making. Tesla got billions of investment from investors. Proton ada apa? Asyik mintak je duit rakyat.
What i read, only the demo track was completed. The rest not ready. After receiving money, the project team cabut
Sunway BRT > Putrajaya MRT.
Putrajaya not viable not liveable place. Never can be called city. Sleepy town overpopulated with cars and buildings.
overpopulated with cars ??
fed capital public transport no goodings..
PRC also have Kampung Hero projects. Only difference is that they’re not like the Hysteria Kits our hero invented.
The chinese loves to embark on something new and making it big without considering the viability. Look at the bicycle rental, power bank rental, bf/gf rental, QR code purchasing model. Then look at reality show – they have tons of it from singing to competition reality show.
The Chinese are clever. They know when to scrap a project when they see it is not viable after commencement. In MY, all the abangs will refuse to scrap a failed project cause of $$$$$
Putrajaya Monorail. Talking about it possibly tantamount to treason. Sangat memalukan projek gagal.
How does it gagal when not even start? Its like saying gagal to a perpetuity understudy undersea tun… oh wai
What treason? There is an active forum discussing it. May be revive to connect future MRT2 line at Putrajaya Sentral with HSR stop on the other side of town.
The respect the inventor which showed the technogy is viable. Economically may not suitable for the city its intended. However, if this bus were to be used in low lying & flood prone areas, its definately a success.
So once the bus passenger in the low lying and flood prone area arrives at his/her intended destination, he/she descends from the bus… into… a boat?