China’s Vision for a Straddling Bus Dissolves in Scandal and Arrests
Beijing News said that Cars under the belly of the big vehicle would have no way to change direction, and even changing lanes would be dangerous,
We are not a briefcase company for illegal fund-raising," Zhang Wei, the director of development
and planning for TEB Tech, the Huaying Kailai subsidiary that developed the bus, told the reporter.
"Everything we do is approved by related departments in the government,
and if we are an illegal company with financial issues, why are the local governments still interested in us?" In the fall, as public scrutiny increased, the test track and the huge, 72-foot-long, 16-foot-high prototype fell into disuse.
Beijing News said that The truth is the bus was a fake science investment scam, with no scientific innovation,
A Chinese inventor’s plan to develop such a vehicle, called a "traffic-straddling bus," has been effectively
killed after 32 people from an investment company that backed the project were arrested.
Mr. Bai was among the 32 Huaying Kailai staff members arrested last week on suspicion of illegal fund-raising, the Beijing police announced on Sunday.