In a sad finale to this vision of transportation, Lloyd Alter on Treehugger.com reports that the Transit Elevated Bus appears to have simply been an illusion:
Source: Jalopnik
And now, it turns out, it’s a scam. According to the Financial Times,
On Sunday Chinese authorities said they had launched a probe into the company for alleged illegal fundraising through Huaying Kailai, an online financing platform founded by Mr Bai. [CEO of the Transit Elevated Bus Company]
He was one of 32 people working for Huaying Kailai arrested for using the bus to raise money illegally, after buying the rights to the bus from its inventor, probably the poor uneducated Song Youzhou. The authorities claim that this was not a vehicle for transporting people but for transporting money from investors to Mr. Bai.
A pity. Ambitious visions should be pursued by the obsessed. It keeps the unbalanced out of politics, if nothing else.
