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Maglev trains are trains which are suspended, guided and propelled (moved forward) by magnetic forces. The track of the maglev train is called the guide-way. Working of the maglev trains can be studied under the following. 1  Levitation. 2  Propulsion. 3  Guidance.
Quick Answer. Maglev trains can reach speeds of up to 361 mph. This was the fastest speed reached by the MLX01, which was measured on December 2, 2003. Executed on the Yamanashi maglev test line in Japan, the test run was administered by the Central Japan Railway Company and the Railway Technical Research Institute. Keep Learning.