Chinese scientists recently unearthed a rare ore, and the discovery could give China a boost in the electric vehicle industry.Global leaders have put more focus on the green energy transition as climate change worsens throughout the world. President Joe Biden has outlined an aggressive green energy transition plan in the Inflation Reduction Act, which aims to make America a world leader in low-carbon technology.
When used with lithium, niobium batteries charge more quickly and also have a lower risk of fires. When used with graphene, the niobium batteries can last up to 30 years, which is 10 times longer than lithium-ion batteries which dominate the market.Electric vehicles run on batteries that use lithium, cobalt and other minerals and metals.
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