Instead of moving goods on resource-intensive trains, Spain-based technology company Novateq Guerrero SNL wants to build out a different kind of transportation network–one that uses super-powerful magnets to propel vehicles. Novateq has already developed a prototype of its system, which uses Neodymium magnets, or rare-earth magnets, as a driving force. The magnets are 9 times more powerful than conventional models.
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