Canada-based TransPod has creat a fully electric vehicle name as FluxJet

It works on propulsion technology called “veillance flux”

It is a fully electric vehicle that is hybrid between an airplane and a train

Suspended by powerful magnets, the FluxJet moves in a guideway under vacuum, and therefore without friction or heating

FluxJet to reach a speed of more than 1,000 km/h, which is faster than a jet plane and 3 times faster than a high-speed train

It will cost passengers approximately 44% less than a plane ticket to travel

Will also help to reduce CO2 emissions by 636,000 tonnes per year

Create up to 140,000 jobs and add $19.2 billion to Canada’s GDP

It can carry up to 54 passengers plus two wheelchairs and 10 tons of cargo