The Shanghai Maglev Train

The world's first commercial high-speed magnetically levitated train was implemented in Shanghai China in 2004.  The line runs between Shanghai's Pudong Airport and the Longyang Lu metro station (Metro Line #2).

This amazing train runs at a top speed of 431 km per hour (270 MPH).  The 30 km (18.75 mile) journey takes less than 8 minutes to complete.  A one-way ticket on the Maglev trains costs RMB 50 (USD $7.00), or RMB 40 ($6.00) for passengers holding proof of an airline ticket purchase.

During a test run on November 12, 2003, the Maglev vehicle achieved a Chinese record speed of 501 km/h (311 mph).

This brief video provides an overview of the train.