Novel lead-graphene and lead-graphite metallic composites which melt at temperature of the melting point of lead were investigated as possible positive current collectors for lead acid batteries in sulfuric acid solution. Scanning electron microscopy, Raman spectroscopy, difference scanning calorimetry, cyclic voltammetry and prolonged corrosion tests were employed to characterize the effect of the newly proposed lead-carbon metallic composites on the structure and electrochemical properties of positive grid material. Both lead-graphene and lead-graphite metallic composite materials show the similar electrochemical characteristics to metallic lead in the voltage range where the positive electrodes of lead acid batteries operate. It has been shown that carbon both as graphene and graphite does not participate in the electrochemical process but improve corrosion and electrochemical characteristics of both metallic composite materials. No products of interaction of lead with sulfuric acid were formed on the surface of graphene and graphite so as it was not found additional peaks of carbon discharge on voltammograms which could be attributed to the carbon. Graphene inclusions in lead prevent formation of leady oxide nanocrystals which deteriorate discharge characteristics of positive electrode of LAB. Both lead-graphene alloy and lead-graphite metallic composite proved excellent electrochemical and corrosion behavior and can be used as positive grids in lead acid batteries of new generation.