Graphene is nicknamed "black gold" thanks to its extensive properties. (Photo/CGTN)
Graphene is regarded as one of the best nano-materials currently available, due to its various properties such as its thinness, electrical and thermal conductivity and its strength.
Thanks to its extensive properties, it is nicknamed "black gold." Research suggests that China's graphene industry will form a market with a value exceeding hundreds of billions of yuan by 2020.
Graphene is seen as having great potential for future innovation due to its various properties. One Chinese company, Zhejiang Chilwee Power, is using the nanomaterial to develop lead-acid batteries with longer battery lives, power performances and load capacities. Chilwee unveiled its latest generation battery using graphene on Sunday, promising a much better performance than previous lead-acid batteries.
The development and application of graphene in battery technology is expected to play a key role in the next generation of high-performance electric vehicles, as consumers seek cars with longer lives and better performances.