BEIJING -- Chinese startup Caiqi Xin Cailiao -- the last two words translate to "new materials" -- is preparing to mass-produce graphene, a new material for electric double-layer capacitors, in the near future.
Electric double-layer capacitors, also called supercapacitors, are expected to serve as an alternative to storage batteries. Caiqi has already completed mass production trials and a fundraising round of about 10 million yuan ($1.4 million).
