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The train will use a technology called passive magnetic levitation which its creators claim is more efficient and safer than the levitation system used by Maglev trains in Japan.
Where Maglev trains require many power stations to be installed along the side of the track, each feeding electricity to copper cables in the track, which become an electromagnet once charged, the Hyperloop system has a passive magnet on each train carriage and an aluminium track containing loops of wire. This setup is more like a pair of regular magnets, rather than an electromagnet which requires a constant supply of electricity to work.
Bibop Gresta, chief operations officer of Hyperloop Transport Technologies (HTT), explained how this system is better than Meglev. "Utilising a passive levitation system will eliminate the need for power stations along the Hyperloop track, which makes this system the most suitable for the application and will keep construction costs low."