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Graphene Manufacturing Group doubles battery cycle life to 1,000 cycles with fast 6-minute charging and 48% higher energy density.

Market News
08 Oct 2026
Newsfile Corp
View Source
Bullish
Graphene Manufacturing Group doubles battery cycle life to 1,000 cycles with fast 6-minute charging and 48% higher energy density.

Graphene Manufacturing Group (GMG) announced significant progress in its graphene battery technology, achieving 1,000 charge-discharge cycles with no performance loss, doubling the previous cycle life. Their G®CELLS can be charged and discharged in six minutes, showing 94% energy efficiency and a 48% increase in energy density to 58 Wh/kg, outperforming Lithium Titanate Oxide batteries which degrade much faster under similar conditions. Supported by Rio Tinto and the Battery Innovation Center, GMG aims to further improve cycle life at higher charge rates and scale up cell size, advancing toward commercial viability for electric vehicles and energy storage.

Graphene Manufacturing Group's battery technology progress is the subject here. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Oct 08, 2026 18:02 WIB: Among 38 priced US stocks, 9 rose and 28 fell. Notable movers include DOW at USD 28.20 (+1.55%), WMS at USD 124.40 (-1.33%) with 100% buy order activity, and CF at USD 115.98 (+1.31%) with 54% sell order activity.

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RBC Capital raises Amgen price target to $430 on strong earnings outlook

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