SHANGHAI, CHINA / ACCESSWIRE / November 25, 2020 / China Carbon Graphite Group, Inc. (OTC PINK:CHGI). (“China Carbon” or the “Company”) today announces 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