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Saturday, July 24, 2021

Graphite Powder for EV; the Rise of China Carbon Graphite Group Inc (OTCMKTS: CHGI)

China Carbon Graphite Group Inc (OTCMKTS: CHGI) is making a powerful move up the charts in recent trading after the Company reported it will scale up its graphite powder production for prospective increasing demands of EV lithium-ion battery. With the addition of on-going energy storage projects, China Carbon extends its expertise on carbon and graphite product utilizations for a spectrum of growing energy markets.

The EV market is booming and is projected to grow by more than 10 fold from current levels over the next day. Tesla is trading at a sky high valuations and EV startups such as Hyliion Inc., Fisker Inc. and Lordstown Motors Corp are trading at billion dollar valuations without a product on the market yet.

China Carbon Graphite Group Inc (OTCMKTS: CHGI) through its subsidiaries, is specialized in the sales of high-quality carbon composites, graphene suspensions, graphene oxide and graphite bipolar plates global wide. The company also operate a business-to-business and business-to-consumers Internet portal roycarbon.com, for graphite related products. The Company supplies end-users in graphite application zones including industries of steel, metallurgy, non-ferrous, PV, energy storage, optical fiber, semiconductor, and chemicals. In addition, through its sales channels, the Company supplies special graphite blocks & rods, graphite electrodes, precision machined graphite parts & components, bipolar graphite plates, graphite oxide & graphene.

The Company manufactures graphene, graphene Oxide, carbon graphite felt; and graphite bipolar plates. Graphene Oxide has wide applications as a conductive agent, such as in lithium ion batteries, super capacitors, rubber and plastic additives, conductive ink, special coating, transparent conductive thin films and chips. Graphite bipolar plates are primarily used in solar power storage.

In 2018, the Company discovered an Innovational Anti-Bacterial Graphene Silver Composite. CHGI applied for a patent on this new graphene/silver invention. This powerful composite has a bacterial killing rate of 99% in just 4 hours. The bacteria is used to test for product potency that includes: staphylococcus aureus, colibacillus and blastomyces albicans.

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CHGI

On November 25 CHGI announced its subsidiary research and development team, Royal Elite New Energy Science and Technology (Shanghai) Co., Ltd. (“Roycarbon”), together with its manufacturing partner have fully developed their newest carbon-based product. The component product is certified for mass production and qualified as a battery component for grid-scale energy storage systems. China Carbon’s latest product is forecasted to be incorporated in energy solution assemblies of its partners, of which including a most anticipated player in the upcoming energy storage industry that offers further applications in industrial, commercial, as well as residential markets.

The company is also expected to scale up its graphite powder production for prospective increasing demands of EV lithium-ion battery. With the addition of on-going energy storage projects, China Carbon extends its expertise on carbon and graphite product utilizations for a spectrum of growing energy markets.

Donghai Yu, CEO of the Company stated: “We are always eager to innovate and deliver better alternatives. Our latest products and developments are expected to provide a lead in performance and serves a goal of cost efficiency for the innovative front liners of energy solutions industries.”

 

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Currently making a power move up the charts CHGO is an exciting story developing in small caps; the Company just reported it will scale up its graphite powder production for prospective increasing demands of EV lithium-ion battery. With the addition of on-going energy storage projects, China Carbon extends its expertise on carbon and graphite product utilizations for a spectrum of growing energy markets. The EV market is booming and is projected to grow by more than 10 fold from current levels over the next day. Tesla is trading at a sky high valuations and EV startups such as Hyliion Inc., Fisker Inc. and Lordstown Motors Corp are trading at billion dollar valuations without a product on the market yet. We will be updating on CHGO when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with CHGO.

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Disclosure: we hold no position in CHGO either long or short and we have not been compensated for this article.

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