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Massive development opportunities in India, page-40

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    Reminded me of this like 5 years ago. Where everyone around me was "applauding" its a good idea. I said its the dumbest idea I've seen. Turns out its a scam. If there is a company in china I want to invest it'll be DJI. Unfortunately they are not listed.

    https://en.wikipedia.org/wiki/Transit_Elevated_Bus

    The Transit Elevated Bus (TEB) (simplified Chinese: 巴铁; traditional Chinese: 巴鐵; pinyin: Bā Tiě) was a proposed new bus concept where a guided bus straddles above road traffic, giving it the alternative names such as straddling bus, straddle bus, land airbus, or tunnel bus by international media.
    A trial was scheduled to begin in Beijing's Mentougou District by late 2010.[1] However the project was not given authorisation by the district authorities because the technology was considered to be too immature, and further trials were subject to the development of a concept to prove the system actually works.[2][3] The city of Manaus, Brazil, has also evaluated the option of installing a straddle bus in its city streets.[4]At the time of the 2016 unveiling of the scale model, it was reported that a prototype would be deployed by mid 2016 in Qinhuangdao. Four other Chinese cities, Nanyang, Shenyang, Tianjin, and Zhoukou, had also signed contracts for pilot projects involving the construction of test tracks beginning in 2016.[3][5]
    However a claimed test of a prototype design was heavily criticized in August 2016,[6] appeared to be abandoned as of December 2016, [7]and was scrapped in June 2017 over concerns about its viability.[8]
    In July 2017, 32 people involved into the project were detained by Chinese authorities on suspicion of investment fraud.[9] The prototype bus was removed from the test track in early July.[10]
 
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