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England may just be building the highways of the future. This month, the Brits announced a pilot for electric motorways. Yes, that’s correct. You can charge your electric vehicle while driving, minimizing stop times at charging stations and making it easier to do a road trip in a Tesla. The UK [...]
Via 15marches, Richard Platt, Investors Europe Stock Brokers
England may just be building the highways of the future. This month, the Brits announced a pilot for electric motorways. Yes, that’s correct. You can charge your electric vehicle while driving, minimizing stop times at charging stations and making it easier to do a road trip in a Tesla. The UK is not the first country to try this concept. The Netherlands has been researching “smart highways,” which go beyond electric-powered streets to a host of new technologies. South Korea already has a 15-mile stretch of road that’s powered with electric cables. The UK hopes to build a more expansive network but will begin with an 18-month pilot. The UK has been pumping money into new technologies for its aging infrastructure. Highways England, the government agency responsible for the country’s motorways, is already committed to placing plug-in charging stations every 20 miles along its major A1 roads. This is part of the government’s Road Investment Strategy, in which the government will spend $17 billion to modernize its transit systems.