Maglev trains use magnetic levitation to float above the track without touching it and are propelled using magnets and electromagnetic coils. They can reach very high speeds but require large initial investments and specialized infrastructure. Existing systems include the Shanghai Maglev Train in China, which is the fastest train in commercial service at 268 mph, as well as various test tracks in Japan, Germany, and the United States. Maglev trains consume less energy than other modes of transportation and have the potential to revolutionize high-speed travel.