this post was submitted on 31 Oct 2024
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Kind of a different scale. $5.15 billion per mile of track for Caltrain. Aptera hasn’t even broken a billion in funding.
I note with interest that you are repeatedly posting the same cherry-picked factoid.
Average cost per mile for new track in the USA can be anywhere from $100mil/mile to over $1billion/mile for complicated projects like tunneling. This is roughly 50% higher than Europe - most likely for the simple fact that they have a larger industry for it. These are both quite high on an international scale- China builds new track for 24-48mil USD per mile.
$24-48m per mile is still quite a lot. It’s just not the same scale in expense.