As the world transitions from gas cars to electric vehicles (EVs), many remain concerned about the lack of charging infrastructure that’s currently available. More charging stations are being built, though many companies are also studying electrified roads — which could allow EVs to charge wirelessly as they drive.
Israel-based company Electreon is one such company piloting wireless roads, as detailed in a report from CNBC on Monday. The company currently has pilots running in Sweden, Norway, Italy, and other European countries, and it has plans for an electrified highway in the U.S.
“This is really an approach that can charge vehicles in any type of shape, meaning vehicles that are both buses or vans or passenger cars or trucks — but it can also charge a vehicle while either driving or while standing still,” said Stefan Tongur, Electron’s VP of U.S. business development at Electreon, in an interview with CNBC.
One Electreon project in Sweden is set to connect the town of Visby on Gotland Island to a regional airport via a wirelessly charging electric roadway. The Swedish government helped finance the vast majority of the $10.5-million project, which Electreon calls a “pre-commercial demonstration project” of the electrified road concept.
In the U.S., the first electric road will land near Detroit, where the Michigan Department of Transportation (MDOT) has partnered with Electreon.
Announced last year by Michigan Governor Gretchen Witmer, the program was initially expected to establish a wirelessly charging road for EVs by this summer. CNBC says the road is now expected to be built within the next year or so in a partnership between Electreon, NextEnergy, Jacobs Engineering Group, and MDOT.
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“We really are looking hard within this pilot project to look at the different use cases that are out there,” said Michele Mueller, senior project manager of connected and automated vehicles at the MDOT. “There are use cases for freight, transit, but then also passenger vehicles.”
The electric road solution is considered especially useful for fleet vehicles, public transit, and other automobiles driving on repetitive routes. For example, a wireless charger at a bus stop could help the bus stay charged throughout an entire service day. One company previously also shared a solution for wirelessly charging the Tesla Semi.
Another critical use case for wirelessly charging roads is in rural communities with few charging stations, as Purdue University professor of civil and biological engineering Nadia Gkritza points out.
“We don’t view 100 percent of roads being electrified, but we definitely see this technology being viable,” Gkritza says. “…financially and also essential in rural areas where we might not have a lot of charging stations, or we have what we call charging deserts.”
Last week, a new study was released analyzing EV charging infrastructure in each U.S. state and Europe. Researchers ranked the involved countries and U.S. states based on several factors related to the density of EV chargers in those areas.
Watch the full video discussing the electrified road pilots below from CNBC.
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Elon Musk
SpaceX issues statement on Starship V3 Booster 18 anomaly
The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX has issued an initial statement about Starship Booster 18’s anomaly early Friday. The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX’s initial comment
As per SpaceX in a post on its official account on social media platform X, Booster 18 was undergoing gas system pressure tests when the anomaly happened. Despite the nature of the incident, the company emphasized that no propellant was loaded, no engines were installed, and personnel were kept at a safe distance from the booster, resulting in zero injuries.
“Booster 18 suffered an anomaly during gas system pressure testing that we were conducting in advance of structural proof testing. No propellant was on the vehicle, and engines were not yet installed. The teams need time to investigate before we are confident of the cause. No one was injured as we maintain a safe distance for personnel during this type of testing. The site remains clear and we are working plans to safely reenter the site,” SpaceX wrote in its post on X.
Incident and aftermath
Livestream footage from LabPadre showed Booster 18’s lower half crumpling around the liquid oxygen tank area at approximately 4:04 a.m. CT. Subsequent images posted by on-site observers revealed extensive deformation across the booster’s lower structure. Needless to say, spaceflight observers have noted that Booster 18 would likely be a complete loss due to its anomaly.
Booster 18 had rolled out only a day earlier and was one of the first vehicles in the Starship V3 program. The V3 series incorporates structural reinforcements and reliability upgrades intended to prepare Starship for rapid-reuse testing and eventual tower-catch operations. Elon Musk has been optimistic about Starship V3, previously noting on X that the spacecraft might be able to complete initial missions to Mars.
Investor's Corner
Tesla analyst maintains $500 PT, says FSD drives better than humans now
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Tesla (NASDAQ:TSLA) received fresh support from Piper Sandler this week after analysts toured the Fremont Factory and tested the company’s latest Full Self-Driving software. The firm reaffirmed its $500 price target, stating that FSD V14 delivered a notably smooth robotaxi demonstration and may already perform at levels comparable to, if not better than, average human drivers.
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Analysts highlight autonomy progress
During more than 75 minutes of focused discussions, analysts reportedly focused on FSD v14’s updates. Piper Sandler’s team pointed to meaningful strides in perception, object handling, and overall ride smoothness during the robotaxi demo.
The visit also included discussions on updates to Tesla’s in-house chip initiatives, its Optimus program, and the growth of the company’s battery storage business. Analysts noted that Tesla continues refining cost structures and capital expenditure expectations, which are key elements in future margin recovery, as noted in a Yahoo Finance report.
Analyst Alexander Potter noted that “we think FSD is a truly impressive product that is (probably) already better at driving than the average American.” This conclusion was strengthened by what he described as a “flawless robotaxi ride to the hotel.”
Street targets diverge on TSLA
While Piper Sandler stands by its $500 target, it is not the highest estimate on the Street. Wedbush, for one, has a $600 per share price target for TSLA stock.
Other institutions have also weighed in on TSLA stock as of late. HSBC reiterated a Reduce rating with a $131 target, citing a gap between earnings fundamentals and the company’s market value. By contrast, TD Cowen maintained a Buy rating and a $509 target, pointing to strong autonomous driving demonstrations in Austin and the pace of software-driven improvements.
Stifel analysts also lifted their price target for Tesla to $508 per share over the company’s ongoing robotaxi and FSD programs.
Elon Musk
SpaceX Starship Version 3 booster crumples in early testing
Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
SpaceX’s new Starship first-stage booster, Booster 18, suffered major damage early Friday during its first round of testing in Starbase, Texas, just one day after rolling out of the factory.
Based on videos of the incident, the lower section of the rocket booster appeared to crumple during a pressurization test. Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
Booster test failure
SpaceX began structural and propellant-system verification tests on Booster 18 Thursday night at the Massey’s Test Site, only a few miles from Starbase’s production facilities, as noted in an Ars Technica report. At 4:04 a.m. CT on Friday, a livestream from LabPadre Space captured the booster’s lower half experiencing a sudden destructive event around its liquid oxygen tank section. Post-incident images, shared on X by @StarshipGazer, showed notable deformation in the booster’s lower structure.
Neither SpaceX nor Elon Musk had commented as of Friday morning, but the vehicle’s condition suggests it is likely a complete loss. This is quite unfortunate, as Booster 18 is already part of the Starship V3 program, which includes design fixes and upgrades intended to improve reliability. While SpaceX maintains a rather rapid Starship production line in Starbase, Booster 18 was generally expected to validate the improvements implemented in the V3 program.
Tight deadlines
SpaceX needs Starship boosters and upper stages to begin demonstrating rapid reuse, tower catches, and early operational Starlink missions over the next two years. More critically, NASA’s Artemis program depends on an on-orbit refueling test in the second half of 2026, a requirement for the vehicle’s expected crewed lunar landing around 2028.
While SpaceX is known for diagnosing failures quickly and returning to testing at unmatched speed, losing the newest-generation booster at the very start of its campaign highlights the immense challenge involved in scaling Starship into a reliable, high-cadence launch system. SpaceX, however, is known for getting things done quickly, so it would not be a surprise if the company manages to figure out what happened to Booster 18 in the near future.