Good morning and happy Friday!
here's an out of box video and an article from Interesting Engineering.
You can find the world's first E-road (electric road) in Sweden. This is the future for sustainable transportation, allowing EVs to charge on the go, requireing less stops etc.
Electric road systems can potentially extend the driving range between charging station visits, thus promoting greater adoption of EVs and reducing carbon emissions. Additionally, a recent study by the Chalmers University of Technology highlighted that e-roads could alleviate peak-time grid demands, offering an alternative to home charging.
The researchers also suggested that combining static and dynamic charging could significantly reduce battery size by up to 70 percent, reducing consumer costs and minimizing the need for raw materials.
Investors: Elonrad, a Lund, Sweden-based developer of a high-tech electric road system, announced completing a funding round totalling SEK 22M ($2.6M). The money was raised from the European Union, via EIT Urban Mobility, and included contributions from local investors including Bring and Almi Invest.
If you consider projects like these as investments going forward do you see the role for private capital? Should this be PPPs?
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Aya Pariy
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