Tag Archives: elevated single-rail track

BYD Targets China’s 3 trillion Yuan Monorail Market

BYD Co. is in talks with several of China’s smaller cities on building monorail systems to preempt traffic congestion spurred by rapid growth in automobile ownership. Monorail systems are a potential 3 trillion yuan ($450 billion) market in China, based on an average 70-kilometer (43.5-mile) network in each of an estimated 300 cities, and will become a new major growth

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