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The electrochemical performance of negative electrodes (anodes) made from mesocarbon microbeads (MCMB) in lithium-ion cells has been studied systematically via a variety of electrochemical techniques. The MCMB anodes have a stable lithium intercalation capacity of 325 mAh g−1 on high-rate charge–discharge cycling. Cyclic voltammetry shows only one reduction peak and one oxidation peak, which correspond to lithium-ion intercalation and de-intercalation, respectively. The diffusion of lithium ions in MCMB electrodes is characterized by ac impedance measurements. [Copyright &y& Elsevier]