When the Shanghai Tower is completed, Mitsubishi Electric Corp. will take a step closer to engraving its name on the world's fastest elevator, which will recapture the title that was lost seven years ago.
The Shanghai Tower, which will be completed in 2014, will undoubtedly need to be described in a lot of words, including the three fastest elevators in the world, which will fly in the skyscraper at 1,080 meters per minute.
This speed of weight loss is faster than the elevator speed of the Taipei 101 building. The elevator of the Taipei 101 Building has become the current Guinness World Record holder at a speed of 1,010 meters per minute.
Mitsubishi Electric announced on Wednesday that the company won the bid to provide all 106 elevators, including high-speed elevators, for the Shanghai Center for Shanghai's new construction. According to the current construction plan, the Shanghai Tower is 632 meters high and will be the tallest building in China and the second tallest building in the world. According to the Council on Tall Building and Urban Habitat, the tallest building in the world is Dubai's 828-meter-high Burj Khalifa.
Mitsubishi Electric has maintained its leading position in the high-speed elevator competition. Until the completion of the elevator installation of the Taipei 101 Building in 2005, Japanese competitor Toshiba Elevator Building Systems Corp. took the crown. At a top speed of 1,010 meters per minute, the Taipei 101 building is only 39 seconds from the first floor to the 382-meter-high 89 floor. It has brought about fundamental changes in the field of high-speed elevators. Until then, the Yokohama Landmark Tower's Mitsubishi elevator was the fastest, with a speed of 750 meters per minute.
Winning the bid in the Shanghai Center project is very beneficial to Mitsubishi Electric. An executive of the company said that the development of this record-breaking high-speed technology was completed earlier this year, but the Shanghai Center will be the first user of the technology. In May 2010, Hyundai Elevator Co. said it developed an elevator called The EL 1080. As its name suggests, the elevator can reach speeds of 1,080 meters per minute, and Mitsubishi. The elevator speed is the same. But so far, the elevator developed in South Korea seems to be installed only in the test facility and not installed in the actual building.
An executive of Mitsubishi Electric declined to comment on the contract amount. The company said in 2010 that it will strive to increase its overseas sales to 35% of its overall business revenue by 2016, with a focus on the Chinese market. Mitsubishi Electric's first-quarter earnings report as of the end of June showed an increase in orders for elevators and escalators from China and other regions, which increased the company's sales by 1% year-on-year to 194 billion yen.