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The company will not see financial benefits from the endeavor until the late 2020s

Central Japan Railway, better known as JR Tokai, recently announced it will fund a major $45 billion magnetic levitation (Maglev) railway system between Tokyo and Chukyo.  Even though the announcement is further commitment to the developing technology by JR Tokai, it caused a 9 percent drop in the company's stock on the Japanese financial market on Tuesday.

Maglev trains will slowly phase out the famous Shinkansen "bullet" trains, while also keeping people from flying a lot of the same distances Maglev routes will cover.  The trains operate above the ground using an electromagnetic pull that accelerates the train's speed by reducing friction between the train and track.

Japan remains dedicated towards a fully functional Maglev rail service in the country by 2025.  Japan, China and Germany are at the forefront of Maglev technology, with Shanghai being the only city that has a fully operational line.  It is likely a second route will be constructed between Nagoya and Osaka, though Tokyo and Nagoya remains the most important goal.
 
JR Tokai currently owns the the speed record for a Maglev train after a three-car test run in 2003 reached 581 KPH (361 MPH).

As current generations of trains expire, and countries look towards future railway technologies for transportation, some people believe Maglevs will begin to expand to other nations.



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Not realistic IMHO
By bernardl on 12/26/2007 7:44:03 PM , Rating: 2
I have been living in Japan for 10 years now, and use their existing Shikansen network a lot.

I have also used the Shanghai Maglev a few times, and find it to be a very impressive technological demonstrator with little practical use. Taking a cab from most parts of Shanghai takes you both faster and cheaper to the airport than the Maglev does. This is of course just an implementation issue.

As far as the JR Tokai Maglev goes, I am not convinced at all that it makes sense on the line they intend to deploy it first. I would personnally love it since it would cut down my travelling time to the Japanese Alps by 1:30 hours, but there is not that much traffic in that direction.

The main impact will be a huge surge of housing cost in Matsumoto, that's it. :-)

Cheers,
Bernard




RE: Not realistic IMHO
By wrong on 12/27/2007 2:07:38 AM , Rating: 2
I wonder how much land JR Tokai owns in Matsumoto. ;)


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