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1. As for now, you can't change the percentage of battery power when the phone will alert you. A warning was added at 30% in addition to older 15%, 10% and 5%.
2. I think the graph will now resize to include the point at which the phone calculated your battery will deplete.
I know that was true for older nickel batteries that had battery memory, but I'm not sure if it still applies to lithium-ion batteries. It's interesting if that is true. Do you have a link for that?