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Peter Newman – Why trackless trams are ready to replace light rail

Summary:
I thought this was really interesting. Trackless trams have no rails but look like standard trams. They have an advanced optical guidance system which means they can move around cities with the accuracy of standard trams, but they are much cheaper to put in place, and with less disruption, as no rails are needed. Trackless trams are neither a tram nor a bus, though they have rubber wheels and run on streets. The high-speed rail innovations have transformed a bus into something with all the best features of light rail and none of its worst features. It replaces the noise and emissions of buses with electric traction from batteries recharged at stations in 30 seconds or at the end of the line in 10 minutes. That could just be an electric bus, but the ART is much more than that. It has

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Peter Newman - Why trackless trams are ready to replace light rail

I thought this was really interesting. Trackless trams have no rails but look like standard trams. They have an advanced optical guidance system which means they can move around cities with the accuracy of standard trams, but they are much cheaper to put in place, and with less disruption, as no rails are needed.

Trackless trams are neither a tram nor a bus, though they have rubber wheels and run on streets. The high-speed rail innovations have transformed a bus into something with all the best features of light rail and none of its worst features.
It replaces the noise and emissions of buses with electric traction from batteries recharged at stations in 30 seconds or at the end of the line in 10 minutes. That could just be an electric bus, but the ART is much more than that. It has all the speed (70kph), capacity and ride quality of light rail with its autonomous optical guidance system, train-like bogies with double axles and special hydraulics and tyres.
Peter Newman - Why trackless trams are ready to replace light rail

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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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