Significant Initial Fast Charging Battery Results In Optimised Commercial Cells Magnis Energy Technologies Limited (ASX: MNS) is very pleased to announce that the game changing results announced on 11 September 2020 for EFC batteries using unoptimised commercial cells, have continued with the current commercial optimised cell programs. Initial successful results in Fast Charging [FC] battery program using commercial optimised multilayer 1.6 Ah pouch cells After 600 cycles over 93% capacity retention with 30 min charge and 30 min discharge Tests have begun with Extra Fast Charging [EFC] to deliver >85% charge in 6 minutes Tests have begun with Extra Fast Charging [EFC] to deliver >85% charge in 6 minutes Magnis Energy Technologies Limited (ASX: MNS) is very pleased to announce that the game changing results announced on 11 September 2020 for EFC batteries using unoptimised commercial cells, have continued with the current commercial optimised cell programs. The cells are developed by Magnis partner, Charge CCCV, LLC. (“CCV”).