JPods cost approximately $10 million per mile to construct. Bill James, president of JPods Inc., expects the first 20 miles to cost approximately $20 million per mile to cover engineering and development of manufacturing. With two beams and computer-controlled pods moving closely spaced, JPods can carry as many passengers as a 12-lane highway. The cost of adding one lane on a highway averages around $10 million per mile. Charging affordable rates to ride, JPods are expected to pay for themselves in about 5 years.
JPods Costs per Mile
Truss: 5,280 feet per mile at $550 cost per foot = $2,904,000
Stations: 3 stations per mile at $60,000 per elevator, $360,000 per station with elevator = $1,080,000
Vehicles: 100 pods per mile at $15,000 cost per pod = $1,500,000
Piers: 55 piers typical per mile at $15,000 cost per pier = $825,000
Solar: 4 meters wide by 1,600 meters per mile and 100 watts per square meter at $3 cost per watt = $1,920,000
Computer networks: $500,000
Geotech survey of existing conditions: $100,000
*If required, burying overhead wires adds approximately $2 million per mile.