Secretary Elaine Chao Unveils Guidance Document for Regulation of Hyperloop Months Ahead of Schedule and Establishes Eligibility for Project Funding

WASHINGTON, July 23 (Korea Bizwire) — Today, US Department of Transportation (USDOT) Secretary Elaine Chao and the Non-Traditional and Emerging Transportation Technology (NETT) Council unveiled the guidance document on a clear regulatory framework for hyperloop in the United States. “This guidance bridges the gap between innovator and regulator, prioritizes safety during development without hampering innovation, and promotes mutual awareness [...]