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China startup to mass-produce new supercapacitor material

Japan material supplier at risk of losing sales due to Caiqi's graphene advance

Chinese startup Caiqi Xin Cailiao is preparing to mass-produce graphene for electric double-layer capacitors. (Photo courtesy of the company)

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).

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