Graphite/polymer composite bipolar plates for PEMFC are successfully developed, and their typical properties are superior to commercially available ones. Thermal property of the developed bipolar plate was evaluated by dynamic mechanical analyzer, and the results were compared to commercial ones. The specimens were immersed into the deionized water bath at $80^{circ}$... for 1500hrs to evaluate dimensional stability and durability. Dimension, weight of the specimens as well as extraction conductivity was measured as each 500hrs. Fully molded bipolar plates without any machining or milling were also prepared using a specially developed mold, and they were applied to the fuel cell performance test. Results were compared to the machined commercial bipolar plate.