World’s largest train manufacturers, The China Railway Rolling Stock Corporation (CRRC) recently announced that it had begun work on new type of magnetic levitation train that will able to achieve a top speed of 373 mph (600km/hr.), which is faster than any other train currently in operation.
China’s high-speed rail network is the world’s largest, with over 12,400 miles of track already built, funded with $538 billion in government money. In recent years, train operators from around the world have been chasing faster and faster speeds. Last year, a maglev train in Japan reached a speed of 366 mph, breaking a world record that had stood for 12 years. But the train won’t be ready for commercial use until 2027, due to the concerns about the infrastructure and costs to build the long tracks.
Meanwhile, the Shanghai Maglev is currently the world’s fastest commercially operational train, routinely zipping back and forth between the city and Pudong International Airport at 267 mph.
CRRC is not just building high-speed rail projects in China. The company is also spearheading projects in the UK, Australia, Southeast Asia, Iran, Mexico, Turkey, Thailand, Indonesia, and Russia. Noticeably absent from that list is the US, which is still struggling to get its own high-speed rail network off the ground.