New Elevator Doesn’t Need Cables & Moves Sideways is reader-supported and the following article contain affiliate links, When you buy through links on our site, we may earn an affiliate commission.

It’s been a while since anything new happened in the elevator industry. How many of us can remember waiting impatiently for the one elevator that seems to never come?

Well, luckily for us, German conglomerate ThyssenKrupp has now unveiled a revolutionary elevator that allows more than one cabin to move in any direction (both horizontally and vertically). And even in the same elevator shaft, simultaneously.

The Multi – they’re calling it the world’s first cable-free elevator. How does it do it? Simply put, magnets.