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17 years after California voters approved $10 billion for high speed rail, no tracks have been laid

Fortune LogoFortune14h ago

17 years after California voters approved $10 billion for high speed rail, no tracks have been laid - Fortune

Quick Summary:

The project's price tag now exceeds $100 billion, more than triple the initial estimate.

Choudri aims to fulfill the original vision of building a pioneering system — already common in Europe and Asia — that spurs economic growth, curbs planet-warming emissions from cars and planes, and saves drivers hours on the road.

Another rail line in Florida operating at speeds up to 125 miles (201 kilometers) per hour shuttles people from Orlando to Miami.


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17 years after California voters approved $10 billion for high speed rail, no tracks have been laid - Fortune (Picture 1)

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Article Details

Author / Journalist: Sophie Austin, The Associated Press

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 10:10:26 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 993 words

Reading Time: 6 minutes read

Sentences: 4 lines

Sentence Length: 249 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28296941

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Official Website: fortune.com

Update Frequency: 62 posts per day

Year Established: 1929

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News Last Updated: 8 hours ago

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Publisher ID: #95

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