Israeli bus company to invest $2.2M in wireless charging electric roads

December 15, 2017 by  
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Wireless charging electric roads just took a big step forward, as Tel Aviv transit service Dan Bus Company announced plans to invest $2.2 million in ElectRoad . ElectRoad’s technology buries electric coils beneath roads to wirelessly charge electric vehicles as they drive. Future EV drivers may never have to worry about stopping at a charging station with ElectRoad’s technology. Several months ago, investment management company Biomedix Incubator Limited announced an intention to acquire ElectRoad, and just signed a cooperation agreement with Dan Bus Company. Should the merger be completed, Dan Bus Company will invest as much as 8 million Israeli New Shekels (NIS) (around $2.2 million) in ElectRoad. Related: Israel to test electric roads that wirelessly charge vehicles as they drive According to Globes , “The agreement with Dan includes an initial NIS 3.1 million investment and options for Biomedix shares amounting to NIS 5 million at a company value of NIS 90 million.” ElectRoad’s technology uses conduction coils to power electric cars via magnetic induction. They point to zero emissions , high efficiency, and low costs as benefits of their technology. They also say the system could allow for energy sharing between vehicles and the grid . The startup plans to gradually penetrate the market by focusing on public transportation , such as bus lanes. Globes said in their article, “The investment by Dan and the agreement between the companies indicates that public transportation companies are indeed interested in the technology.” Dan Bus Company has already rolled out some electric buses that could be charged via cable at departure stations in two to three minutes for a range of 30 kilometers , or almost 19 miles, which they said was enough for the longest urban line. Electric road technology could make such charging unnecessary. + ElectRoad Via Globes/ElectRoad Images © ElectRoad

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Israeli bus company to invest $2.2M in wireless charging electric roads

Sweden opens one of the world’s first electric roads

June 23, 2016 by  
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Sweden is making headlines for a brilliant environmentally conscious move: electric roads . They just opened a two kilometer test stretch in Sandviken on the E16 where electric vehicles can connect to an overhead system similar to light rail. They are now among the first countries globally to test electric power on public roads for ” heavy transports .” The move could bring them closer towards the country’s goal of operating a fossil fuel-free fleet by 2030 . The electric road system, which is similar to a light rail , allows trucks to run on electric power while on the unique road, and then on regular roads they operate as hybrid vehicles. On the electric road, trucks gain power from a pantograph which connects to power lines overhead. Not only does this allow the trucks to run on clean energy, but enables them to avoid recharging quite as much. Automotive company Scania is supplying the hybrid trucks, which also run on biofuel . Scania researcher Nils-Gunnar Vågstedt said electrification could result in sizable fuel savings . Related: Swedish students design one of the world’s most energy-efficient rail-bound vehicles Swedish Transport Administration Director General Lena Erixon said , “Electric roads will bring us one step closer to fossil fuel-free transports, and has the potential to achieve zero carbon dioxide emissions. This is one way of developing environmentally smart transports in the existing road network. It could be a good supplement to today’s road and rail network.” The testing will go on until 2018 and allow Sweden to see how the technology functions in the real world. Along with the transport administration, Sweden’s energy and sustainable growth agencies will help fund the project. Scania and Siemens, who developed the conductive technology, will also help pay. Region Gävleborg will act as the project coordinator. Swedish Energy Agency Director-General Erik Brandsma said , “Electric roads are one more piece of the puzzle in the transport system of the future, especially for making the heavy transport section fossil fuel-free over the long term.” Via Green Car Congress Images via Wikimedia Commons and Trafikverket

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Sweden opens one of the world’s first electric roads

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