CNNmoney: The Transit Elevated Bus had its inaugural test drive in Qinhuangdao, China. The bus can hold 300 people while driving over cars on the road and aims to alleviate China’s overcrowding problem.
The TEB-1 Straddling bus is in trouble. Chinese state media are saying that it is unsafe, and that the company behind it has illegally raised money. But there is more. TEB, the company behind the bus, distributed the fancy news photos that all media have been using. But the reality looks a lot less fancy.