People usually buy these cells for their capacity/price ratio and 10A max discharge current. Queen Battery sells NCR18650PF for $2.35 and MG1 for $2.20 (shipping not included).
As always, and the tests were done using ZKETECH EBC-A20, which supports up to 20A discharge, 4-wire measurement and is PC-connected.
I'm using the v2.5 of my battery holder with 0.3mm thick pure copper pads.
I've followed all the prescriptions of the IEC61960-2003 standard concerning battery's capacity measurement. Before each discharging cycle each battery was charged at standard current mentioned in its datasheet to charge end voltage (4.2V) (cut-off at 0.1A, which is the lowest supported by EBC-A20). Before each discharging or charging i've held a 1-1.5hrs pause. The environment temperature was about 25°C. To be sure in results i've done each test minimum twice.
I've found a plenty of official datasheets for this cell across the web with different Std charge current ratings (1925mA, 1,35A, 1375mA). 1.375A was mentioned in two of 4 datasheets so i chose that current.
The main specs from the most complete Panasonic NCR18650PF datasheet (pdf):
Rated capacity: 2700mAh at 20°C
Minimum capacity: 2750mAh at 25°C
Typical capacity: 2900mAh at 25°C
Nominal voltage: 3.6V
Standard charge current: 1.375A
Charge end voltage: 4.2V
Charge cut-off current: 100mA
Max. discharge current: 10A
Discharge cut-off voltage: 2.5V
AC impedance at 1KHz: ≤35mΩ
Maximum weight: 47g
My sample's measured weight is 46.23g
DC internal resistance at full charge is 26-29mOhm
Capacity test results:
More than 2950mAh at 0.2C discharge and almost 2800mAh even at 10A - great performance. Nothing to add.
The main specifications from LG MG1 datasheet (pdf):
Minimum capacity: 2750mAh
Nominal capacity: 2850mAh
Nominal voltage: 3.62V
Standard charge current: 1.425A
Max. charge current: 2.85A
Charge end voltage: 4.2V
Charge cut-off current: 50mA
Max. discharge current: 10A
Discharge cut-off voltage: 2.5V
AC impedance at 1KHz: ≤35mΩ
Weight (approx.): 46g
My cell weighs 44.78g
DC internal resistance at full charge is 30-33mOhm
Capacity test results:
Just look at these curves! How beautiful they are! At 0.2C MG1 showed almost 2850mAh and at 10A - almost 2700mAh.
Both cells go equal up to the middle then MG1 starts slowing down. At the finish NCR18650PF has 324mWh more than MG1
At 5A:
The same thing goes here - NCR18650PF outruns MG1 by 436mWh
At 8A:
The difference is 421mWh in favor of NCR18650PF. Look at the curves in the beginning - MG1's curve is more linear.
At 10A:
The picture doesn't change much - NCR18650PF gives out 363mWh more than MG1.
1. it was manufactured later than MG1
2. Despite the lower capacity MG1 curves i liked more
3. MG1 is a bit cheaper which will result in a good economy when buying 100 or more cells.
Here is the video version of this review:
Check out my YouTube channel for batteries, chargers and other stuff reviews.


I'm using the v2.5 of my battery holder with 0.3mm thick pure copper pads.

I've followed all the prescriptions of the IEC61960-2003 standard concerning battery's capacity measurement. Before each discharging cycle each battery was charged at standard current mentioned in its datasheet to charge end voltage (4.2V) (cut-off at 0.1A, which is the lowest supported by EBC-A20). Before each discharging or charging i've held a 1-1.5hrs pause. The environment temperature was about 25°C. To be sure in results i've done each test minimum twice.
Panasonic NCR18650PF
This cell was marked C AV 7522 where C is the rank and 7522 is the production date code (7-2017 5-May 22)
I've found a plenty of official datasheets for this cell across the web with different Std charge current ratings (1925mA, 1,35A, 1375mA). 1.375A was mentioned in two of 4 datasheets so i chose that current.
The main specs from the most complete Panasonic NCR18650PF datasheet (pdf):
Rated capacity: 2700mAh at 20°C
Minimum capacity: 2750mAh at 25°C
Typical capacity: 2900mAh at 25°C
Nominal voltage: 3.6V
Standard charge current: 1.375A
Charge end voltage: 4.2V
Charge cut-off current: 100mA
Max. discharge current: 10A
Discharge cut-off voltage: 2.5V
AC impedance at 1KHz: ≤35mΩ
Maximum weight: 47g
My sample's measured weight is 46.23g

DC internal resistance at full charge is 26-29mOhm
Capacity test results:

LG 18650 MG1
This guy's marking is LGGBMG11865 P265I214N2 where P265 is the manufacturing date (P-2016, 265th day of the year - Sep 22)
The main specifications from LG MG1 datasheet (pdf):
Minimum capacity: 2750mAh
Nominal capacity: 2850mAh
Nominal voltage: 3.62V
Standard charge current: 1.425A
Max. charge current: 2.85A
Charge end voltage: 4.2V
Charge cut-off current: 50mA
Max. discharge current: 10A
Discharge cut-off voltage: 2.5V
AC impedance at 1KHz: ≤35mΩ
Weight (approx.): 46g
My cell weighs 44.78g

DC internal resistance at full charge is 30-33mOhm
Capacity test results:

COMPARISON
At 2A:
At 5A:

At 8A:

At 10A:

CONCLUSION
Obviously Panasonic NCR18650PF is the winner but1. it was manufactured later than MG1
2. Despite the lower capacity MG1 curves i liked more
3. MG1 is a bit cheaper which will result in a good economy when buying 100 or more cells.
Here is the video version of this review:
Check out my YouTube channel for batteries, chargers and other stuff reviews.