EV Report

On Friday the Los Angeles to Las Vegas maglev train project got an approval from Bush and a 45 million dollar cash infusion. The train uses magnetic levitation technology to propel passengers up to 300 Mph so they can get to the slot machines in 2 hours flat. The 250 mile journey will start in Disneyland, Anaheim and end up in Las Vegas. The project has been in the planning phase for almost 20 years and this cash infusion is the largest to date. If successful this project will be the first Maglev train in the U.S. Read Full article

Apparently the U.S. Senate has approved $45 Mil in funding for the Las Vegas to Los Angeles Maglev train project and is now on its way to president Bush. We Angelino’s hate that 7 hour Sunday trip back to L.A. from Vegas…and who likes going to the congested airport these days? Not us. With high airfares and long waits we’d rather swoosh through the desert at blistering speeds while we’re gettin’ our drink on! Unfortunately this project is 20 years in the making and has been estimated at $12 billion so who knows maybe by the time its complete we’ll already have flying cars!

It looks like Los Angeles has initially approved a proposal by American Maglev Technology Inc., to build a maglev train from ports at Long Beach and Los Angeles and run through downtown Los Angeles to Ontario. Word has it that American Maglev Technology will be fronting the 26 billion to build the train line for a stake in the profits for moving cargo and people. Few other details are available. If you live in Los Angeles and sit in traffic every day this is like an angel coming out of the sky. Trains have been mostly non-existent in this city except for a few short runs. It will be interesting to see more details on these plans as they unfold. It will certainly be a warm welcome for a city that is world renowned for its migraine inducing traffic.

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