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Passenger trains have been mostly displaced by the much better VALUE (benefit/cost ratio) offered by automobiles/roads, and aircraft. Passenger trains would not survive in the market except for gross government subsidy that props up the failed economics.

By contrast ET3 is focused on maximizing transportation value for most passenger AND cargo transportation. As a result of greater value, ET3 will naturally displace cars and jets, just as cars and jets displaced trains (and as trains displaced muscle power 150 years ago). It's all about the economics!