Graphene Manufacturing Group - G® Lubricant and Battery Development Updates
Craig Nicol, Founder and CEO of Graphene Manufacturing Group (TSX.V:GMG - OTCQX:GMGMF) joins me to discuss the significance of the recent G® Lubricant and battery development news.
Starting with the G® Lubricant update, Craig elaborates on the multi-year performance testing data released on February 25th, highlighting its impressive 8.4% fuel savings in diesel and gasoline engines. He explains the strategic focus on older diesel engines in the B2B sector and outlines plans for market expansion beginning in Australia and moving globally. Craig also addresses the competitive landscape and the production capabilities necessary to meet anticipated demand.
We then shift to the battery development division, where Craig reveals a new collaboration with the Battery Innovation Center (BIC) in Indiana, aimed at scaling and optimizing pouch pack battery production. The conversation dives into the technical and economical aspects of this partnership, the expected costs, and the roadmap for battery cell development through 2027. Cory and Craig also discuss future growth opportunities, including potential sales, commercial deals, and ongoing research and development.
Please keep the questions coming! I'll be chatting with Craig again in around 2 weeks to simply address all the questions that have come in. Email me at Fleck@kereport.com.
Click here to visit the GMG website to learn more about the Company.
