Print 43 comment(s) - last by mmcdonalataocd.. on Dec 28 at 11:11 AM

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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RE: Sounds great
By mmcdonalataocdotgov on 12/28/2007 11:11:23 AM , Rating: 2
I will go back into the practice of law when flying cars are a reality. Problem with them is the expense of upkeep, the high rate of fuel burn, and strict liability.

If you are in a flying car and there is an accident, then the negligence of one or both parties comes into play, as with a car accident. Simple to manage the liability issues.

The problem with aircraft is, if you are on the ground, and a flying car does damage to you or your property, then the owner of the aircraft is liable, no matter what. No negligence to argue over. Did the vehicle cause damage? If so, how much. Easy cases to win.

This is the same issue with any aircraft, I know, but with flying cars, there would be so many more of them, and the accidents would come fast and furious.

They won't ever be a reality anyway. Do you know how much it costs to buy and properly maintain and fuel a private aircraft? Not to mention the expense of licensing. Yeesh.

Pie in the sky, as it were.

"Google fired a shot heard 'round the world, and now a second American company has answered the call to defend the rights of the Chinese people." -- Rep. Christopher H. Smith (R-N.J.)
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