A Berlin, Germany, startup called Locomore has launched the world’s first crowdfunded train service.
The renovated 1970s train, with retro orange-and-brown livery and the words “fair, ecological, cheap” emblazoned on the side, pulled out of Stuttgart station for its maiden voyage to Berlin via Frankfurt and Hanover on Wednesday morning. A one-way Stuttgart-Berlin ticket with Locomore costs upwards from €22 euros ($23.44) versus €115 on Deutsche Bahn.
At six and-a-half hours, the trip is slightly slower than aboard the high-speed national rail service Deutsche Bahn—and so far it only offers one return service a day. But Locomore founder Derek Ladewig is hoping that his radically cheaper tickets and the fact that the trains are powered by 100% green electricity will lure people away from long-distance buses and cars.
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