Elonroad (Accelerator)

Company Description: Elonroad develops a high-tech electric road system which auto charges all types of electric vehicles when parked as well as when driving. Electric roads extend driving range and reduce the need of large and heavy batteries. The company manufactures, installs, operates and maintains the charging rail, which contributes to a high level of safety and enables intelligent road systems. The Elonroad electric road system works for all electric vehicles, cars, taxis, buses and trucks. Elonroad is already running a project for the Swedish Transport Administration in Lund, where the technology is being tested on a city bus route. It was previously backed by LU Innovation.