Dubai’s Roads and Transport Authority has been withBoring company‘Build a circulation system in Dubai, Elon Musk– The company owned said in a statement Thursday.
what happened: The project, nicknamed Dubai Circle, will initially have 11 stations and 17 km of tunnels. The billionaire-owned tunnel company said it will be able to ship more than 20,000 passengers per hour.
The company said this initial pilot system will be expanded to an underground transportation system through the emirate of Dubai, with the ability to transport more than 100,000 passengers per hour, adding that it will reduce travel time and promote sustainability through the use of electric vehicles. Inside the tunnel.
However, the company does not provide a timeline for completing the initial phase of the building or the entire project.
The company did not immediately respond to Benzinga’s request for comment.
Why it matters: The boring company was founded in 2017 by Musk, a subsidiary of his rocket manufacturing company SpaceX, but left a year later. The company produces underground tunnels or cycles designed to address traffic in crowded cities like Las Vegas.
Since 2021, Boring Company’s Vegas Loop has transported 2 million passengers across the city. Once completed, Vegas Loop is expected to transport more than 90,000 passengers per hour.
See more of the future of Benzinga’s mobility coverage by following this link.
Read the next article:
Image via shutterstock
Market News and Data Benefits to You by Benzinga API
©2025 benzinga.com. Benzinga does not provide investment advice. all rights reserved.
