South Korea has launched the world's first road-powered electric vehicle

South Korea is the first to deploy such a road: the Online Electric Vehicle (OLEV), developed by the Korea Advanced Institute of Science and Technology (KAIST).
Two electric buses will travel between Gumi train station and the In-Dong district, a 15-mile round trip, with power supplied via a technology called Shaped Magnetic Field in Resonance, developed by KAIST. Electric cables under the road's surface create electromagnetic fields. A receiving coil on the bus's underbody tuned to that frequency converts it to electricity, storing it in a small battery about a third of the size of a regular car battery. In this way, the cables can supply 60kHz and 180kW of power remotely at a stable rate, with a gap of around 6.5 inches between the bus and the road.

The power doesn't need to be constantly supplied, either; the cables only run underneath 5 to 15 percent of the road, which means less roadwork involved in installation -- and they can detect when a compatible vehicle is overhead, only switching on when one of the OLEV buses is passing by, making it safer for other drivers and pedestrians. That said, the technology does comply with international electromagnetic field safety standards.