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375:(SWJTU) became the first university institution to become licensees of the ET3 GA consortium. Most ET3 licensees held outside of the United States are held in China. By 2007, Yaoping Zhang, a former professor of SWJTU, began promoting ETT as "evolutionary transportation". Yaoping Zhang currently operates ET3 GA's subsidiary ET3 China Inc.
360:. Oster claims that the ET3 system will cost only 20 cents' worth of electrical energy to get up to 350 mph (560 km/h). ET3 claims that initial systems would travel at the speed of 600 km/h (370 mph) for in-state trips and later will be developed to 6,500 km/h (4,000 mph,
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382:(HTS). As of 2016, more than 380 licenses have been sold in 22 different countries, including China, where ET3 claims that more than a dozen licenses have been sold. Daryl Oster and his team met with
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The stated goal of the consortium was to build a global transportation system using car-sized capsules traveling in 1.5-meter-diameter tubes via frictionless
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in late July 2013 to discuss the technology, resulting in Musk promising an investment in a 3 mi (4.8 km) prototype of ET3's design.
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Please help improve this article by looking for better, more reliable sources. Unreliable citations may be challenged and removed.
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