US-based Hyperloop One has successfully completed the second phase testing of the 'Hyperloop One XP-1' pod in the Nevada Desert, US.

The pod travelled a distance of 500m on DevLoop track during the trial, accelerating for 300m and gliding above the track using magnetic levitation before decelerating to come to a gradual stop.

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Hyperloop One executive chairman and co-founder Shervin Pishevar said: “This is the beginning, and the dawn of a new era of transportation.

“We’ve reached historic speeds of 310km an hour, and we’re excited to finally show the world the XP-1 going into the Hyperloop One tube.”

The Hyperloop One system works by loading passengers and cargo into a pod vessel and then accelerating gradually via electric propulsion through a low-pressure tube.

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The pod then quickly lifts above the track using magnetic levitation, gliding at airline speeds due to ultra-low levels of aerodynamic drag.

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"We’re excited about the prospects and the reception we’ve received from governments around the world to help solve their mass transportation and infrastructure challenges."

Hyperloop One claims to have achieved record speed levels during the second phase testing using a tube depressurised down to the equivalent of air at 200,000ft above sea level.

All system components performed successfully in the trial, including the electric motor, advanced controls and power electronics, custom magnetic levitation and guidance, pod suspension and vacuum system.

Hyperloop One CEO Rob Lloyd said: “We’ve proven that our technology works, and we’re now ready to enter into discussions with partners, customers and governments around the world about the full commercialisation of our Hyperloop technology.

“We’re excited about the prospects and the reception we’ve received from governments around the world to help solve their mass transportation and infrastructure challenges.”

The pod achieved higher speed and travelled farther distance in the second phase trials compared to the initial phase one tests.

The latest tests also involved a longer propulsion segment and higher pod horsepower.