As we all know the world is facing a energy crisis due to depleting fossils and due to the rise in concerns of the climate emergency which require the new methods and innovations to be employed to cut down our Carbon footprint. It is very much a known fact to the entire world that electric vehicles can reduce the greenhouse gas release very much. The only challenge it faces is its global acceptance and expensive equipment.
Sweden has been active in the planning of building electric roads now for a long time. It has been running the test on the Baltic sea island to recharge an airport shuttle bus supplied by Dan and an electric truck which is ultimately priced $12 million, mostly funded by the government itself. The test is the primary step of Sweden towards Swedish plans to eventually construct around a thousand miles network of such electric roads. This type of infrastructure can be planned and constructed resulting in cut down of a substantial amount of carbon released in the atmosphere. Sweden has been established as role model for sustainable development all over the globe.
The cost of the project is supposed to be around $3 billion which also includes wireless charging to moving vehicles. Sweden with these kinds of projects is bound to establish its name very firmly in the renewable and sustainable world. This project is expected to adopt a approach given by the circular economy which is the most beneficial way to finance and bring this project to the field.