Since the series-wound DC motor develops its highest torque at low speed, it is often used in traction applications such as electric locomotives, and trams. The DC motor was the mainstay of electric traction drives on both electric and diesel-electric locomotives, street-cars/trams and diesel electric drilling rigs for many years. The introduction of DC motors and an electrical grid system to run machinery starting in the 1870s started a new second Industrial Revolution. DC motors can operate directly from rechargeable batteries, providing the motive power for the first electric vehicles and today's hybrid cars and electric cars as well as driving a host of cordless tools. Today DC motors are still found in applications as small as toys and disk drives, or in large sizes to operate steel rolling mills and paper machines. Large DC motors with separately excited fields were generally used with winder drives for mine hoists, for high torque as well as smooth speed control using thyristor drives. These are now replaced with large AC motors with variable frequency drives.