Hitachi announced that it is looking to build the world's fastest elevators for the Guangzhou CTF Finance Centre skyscraper in China.
The Japanese engineering and electronics company said the two elevators will be able to move from the first floor to the 95th in 43 seconds, according to Discovery News.
The skyscraper, which is currently under construction, will have 111 floors above ground. These floors will include offices, apartments and hotel space.
Hitachi is set to install 95 elevators in the building, which includes the two superlifts as well as double-decker lifts and other slower machines, The South China Morning Post reported.
The building will be the tallest in Guangzhou, and will be located on the Zhujiang East Road. It will feature a total floor area of 398,000 square meters.
The skyscraper will be 530 meters tall - about 100 meters shorter than the Shanghai Tower, which stands 632 meters tall and is currently China's highest building. The new structure will also be shorter than the Suzhou Zhongnan Centre, which is 700 meters tall and has been under construction since 2013.
The elevators would be the fastest in the world, with speeds of 45 miles per hour, Discovery News reported. Taipei 101 currently holds the speed record with an elevator that can move at 37.65 miles per hour. This elevator can raise passengers from the fifth floor to the 89th floor in 37 seconds.
The new elevators are able to achieve their speed with the help of a thin-profile, permanent magnet synchronous motor and a compact traction machine, which lightens the lifting system, Gizmag reported. The cable that lifts the car is lighter and thinner, reducing the size of the equipment that handles it, which further eases the weight of the system.
Hitachi said it will use technology in the CTF building elevators to prevent lateral vibration. The elevators will also feature rollers to make the rides more comfortable for the passengers, Discovery News reported.
The building is set to be finished in 2016.