RIO DE JANEIRO — Brazilian mining company CBMM has started to test on Volkswagen electric trucks a niobium-based battery that it claims can be charged way faster than the others in the market, the companies said on Wednesday.
The company sells niobium products to steelmakers as its main business, but CBMM has been looking to diversify its revenue sources. CBMM's executive commercial manager at the battery division, Rodrigo Amado, told Reuters the technology used in the battery allows it to be fully recharged within 10 minutes when used in a electric bus.
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