TSXV:GMG - Post Discussion
Post by
SkywalkerofLuke on Mar 31, 2023 4:51pm
Recent News on Development Center
The global #graphene battery market is estimated to rise in revenue from $142.5M in 2021 to $394.57M by 2027 at a CAGR of 18.50% according to Astute Analytica. Makes sense considering graphene batteries are safer and offer five times better energy density than standard Li-ion batteries.
GMG GMG.v earlier this month announced they began inspecting and testing partially automated cell assembly equipment at their development center.
The equipment will automate key steps in cell assembly for pouch cells to reduce manual processing and enable consistent and simple repeatable outputs - all of which are key in GMG taking the next steps of their battery development.
https://www.newsfilecorp.com/release/157337
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