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You can say yes, because it run on electricity and it has no friction other than air resistance, but it isn't so simple. There is constant need for energy to keep train levitating so energy consumption is not lower than high speed train and if speed is low conventional high speed train may win in energy consumption. But if you compare maglev to aircraft, maglev would definitly would win.

Maglev tracks are extremly expensive, there is only one Maglev build for regular passengers, between airport and city center in Shanghai. There is doubt if it could be economical to operate and even maglevs aren´t much faster than conventional high speed trains. France TGV record is 571 km/h, but japanese Maglev record is only 581 km/h and this isn't big difference.

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maglev is short for Magnetic Levitation.


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