Okay, so graphene isn't exactly the same as graphite. From a physics perspective, graphite is many layers of graphene mixed with clay and other binders, while graphene is just a single atomic layer. But when graphene was discovered as a power source a few years ago, it earned two University of Manchester researchers a Nobel Prize. Since then, UCLA researchers Ric Kaner and Maher El-Kady have expanded on that work and set out to create a simple way to extract the graphene so it's usable for new applications.
Check out their results in this video:
The researchers predict a future where this work could be used to charge electric cars in one minute and eradicate batteries as we know them today.
(Photo Credit: Dvortygirl via Flickr's Creative Commons)