Exceptional cycling performance of graphite anode in K‐ion batteries is demonstrated with a reversible capacity of 246 mAh g–1 and 89% retention of the initial capacity after 200 cycles. Although the graphite anode experiences huge volume change and worse kinetics during K intercalation/deintercalation, the cycling stability delivered in K‐ion batteries is comparable to that of Li‐ion batteries using the same graphite anode. The combination of excellent electrochemical performance, the abundance and wide availability of K in earth's crust, and the well‐developed technology of the graphite anode make the K‐ion battery very attractive for offering a low cost battery chemistry for large‐scale energy storage applications.