$GMG.v | Huge potential with pouch cell graphene batteries. Graphene Manufacturing Group (TSXV: GMG) has commissioned its graphene aluminum-ion batteries (G+AI) in pouch cell format, and that its first battery pouch cells have been successfully manufactured.
The increased energy density of G+AI batteries presents massive potential for the storage of energy produced through renewable methods. The renewable energy industry is expected to see significant growth in the coming years. With that, $GMG.v’s continued innovation in the field of energy storage is sure to see them grow along with it.
Much of the interest from prospective customers lies in $GMG.v’s ability to productize the cell pouch. Cell pouch batteries can be found in a large range of end products ranging from personal and industrial appliances, to grid batteries and EVs.
Really excited about this development for $GMG.v, and I’ll be keeping a close eye on the stock price as share price approaches historic support.
$GMG.v is currently trading at $2.28, valued at $219.96 million.
https://ceo.ca/@newsfile/gmg-commissions-gai-pouch-cell-equipment-and-manufactures