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High rents, student loan debt forcing local students to head home post-grad

High rents, student loan debt forcing local students to head home post-grad

Yahoo19-05-2025
CHESTNUT HILL - Boston College held its 149th commencement Monday -- and one thing many of the graduates have in common: plans to move back home.
'My job fortunately affords me the ability to work remotely,' said Jackson Schumacher, who earned a BS in neuroscience and is working for a research lab at Massachusetts General Hospital. 'And Boston housing prices are very expensive.'
Schumacher's family lives in Maine and he said moving back in with them provides an opportunity to save some money and start paying back student loans.
'With expenses, that's the only option for some people,' said BC graduate Colleen McGrath, who landed a job in Boston that actually comes with housing. 'It just makes sense in this economy to kind of get your footing.'
Here's another thing many BC students have in common: student loans. Collegetransitions.com reported that in 2023, 44% of students at BC graduated with student loan debt -- with the average amount exceeding $23,000.
But at some institutions in New England, the average debt was far higher than that. At Bryant University in Rhode Island, for example, where 64% of students took out student loans, the average debt topped $64,000. At Wentworth Institute of Technology, URI, UNH, Stonehill College, Berklee College of Music and Babson College, average student loan debt fell between $40,000 - $50,000.
Student loan debt within the UMass system (Lowell, Boston and Amherst) averaged around $30,000 -- close to the national average.
Add in the high cost of rent and it's easy to see why about half of college students wind up doing some 'home time' post-graduation.
'It's a pretty persistent trend,' said Jeffrey J. Arnett, PhD, a developmental psychologist and senior research scholar at Clark University in Worcester. 'Over the last 20 years people have gotten more education, have married later, gotten stable work later and had their first child later.'
In fact, Arnett, author of Emerging Adulthood, said that the 20s can actually be a more tumultuous time than the teens.
'Most parents and their children have the expectation that once their emerging adults graduate from college they'll find a job and live an independent life,' he said. 'And many of them do. But some have trouble finding a job or they find a job and they don't like that job or they get fired or laid off or something happens. There are a lot of things that can happen in the 20s to cause job loss.'
Chigozie Sumani, who earned a master's degree at BC Monday, remembered when she had to move back home after graduating from UMass Amherst.
'I still felt like I kind of had to let them know every move and stuff like that,' she said. But, Sumani said the time at home paid off -- in the form of earning enough money to go back to school and secure an apartment. She said it was bittersweet leaving home that second time -- and that she misses her family.
Isabel Buchanan earned a BA at Boston College Monday. She's sticking around the Boston area for graduate school and is looking for an apartment now. What would it be like to go back home? Weird.
'You've been on your own, like experiencing this independence then, do I have to tell my Mom every time I'm leaving the house,' she said. 'So there is that weird kind of in-between part that would be difficult.'
Arnett said it's important to remember that many post-grad boarders won't be sticking around for long. He recommends cherishing the time, because it may not happen again.
'It's very likely that when they move out this time they're not coming back,' he said. 'And believe it or not, you may miss them. And the good news is, they're not 13 anymore. And so they actually see their parents as human beings and not just as parents. And that can be very nice for all of them because they have a more adult-like relationship, more adult conversations. And that can be rewarding to both parents and adult children.'
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Battery X Metals Reports Estimated 225 km Increase in Effective Driving Range Following Second Successful Rebalancing and First Successful Targeted Cell Replacement, Restoring Light-Duty Electric Vehicle to 265 km and Diagnosing Defective Cell That Had Severely Limited Range
Battery X Metals Reports Estimated 225 km Increase in Effective Driving Range Following Second Successful Rebalancing and First Successful Targeted Cell Replacement, Restoring Light-Duty Electric Vehicle to 265 km and Diagnosing Defective Cell That Had Severely Limited Range

Associated Press

time2 days ago

  • Associated Press

Battery X Metals Reports Estimated 225 km Increase in Effective Driving Range Following Second Successful Rebalancing and First Successful Targeted Cell Replacement, Restoring Light-Duty Electric Vehicle to 265 km and Diagnosing Defective Cell That Had Severely Limited Range

News Release Highlights: VANCOUVER, BC / ACCESS Newswire / July 25, 2025 / Battery X Metals Inc. (CSE:BATX)(OTCQB:BATXF)(FSE:5YW, WKN:A40X9W)('Battery X Metals' or the 'Company') an energy transition resource exploration and technology company, announces that further to its news releases dated June 6, July 4 and July 18, 2025, its wholly-owned subsidiary, Battery X Rebalancing Technologies Inc. ('Battery X Rebalancing Technologies'), has successfully completed a second real-world electric vehicle (EV) battery rebalancing procedure (the 'Rebalancing Procedure') and driving performance trial (the 'Performance Trial') under its Commercial Revenue Share Agreement (the 'Revenue Share Agreement') with an arm's-length, independent automobile service center based in Vancouver, BC (the 'Automotive Service Center'), which specializes in servicing out-of-warranty Tesla vehicles. The Rebalancing Procedure and subsequent Performance Trial demonstrated a significant improvement in estimated driving range for a fully electric Class 3 commercial vehicle, or light-duty electric vehicle (the 'Electric Truck') following a complete rebalancing process using Battery X Rebalancing Technologies' patent-pending second-generation lithium-ion battery rebalancing hardware and software platform ('Prototype 2.0"). Performance Trial Results The baseline estimated driving range of the Electric Truck prior to the Rebalancing Procedure was approximately 100 kilometers (km) (the 'Baseline Range'). This estimate was based on a pre-rebalancing controlled driving trial conducted under mixed city and highway conditions, during which the vehicle consumed approximately 39% of its available battery capacity to travel a distance of 39 km. Prior to the Rebalancing Procedure (defined herein) and Intervention (defined herein), the Electric Truck exhibited a critical issue where it became inoperable once the state of charge (SOC) dropped below approximately 60%. Although the baseline driving range of the battery pack was estimated at 100 km under normal conditions, the presence of a Defective Cell (defined herein) caused the Electric Truck to shut down prematurely, limiting effective driving range to just ~40 km (the 'Effective Driving Range'). This discrepancy highlights the material impact of undiagnosed cell-level defects on real-world EV performance. Following the identification of a Defective Cell within the Affected Group (defined herein) using Prototype 2.0's integrated cell diagnostics, the entire Affected Group was replaced with a specification-matched Replacement Group (defined herein). Together with the Rebalancing Procedure, this intervention restored the Electric Truck's effective driving range to an estimated 265 km-an improvement of approximately 225 km, or 563% from the Effective Driving Range, and an improvement of 165 km, or 165%, from the Baseline Range. Following completion of the Rebalancing Procedure and Intervention, Battery X Rebalancing Technologies conducted a controlled Performance Trial on the Electric Truck to evaluate post-rebalancing improvements in estimated driving range and battery efficiency under actual operating conditions. During this post-rebalancing trial-also conducted under mixed city and highway conditions-the Electric Truck utilized approximately 17% of its available battery capacity to travel a distance of 45.1 km. Based on this data, the post-rebalancing estimated driving range of the Electric Truck is approximately 265 km under no-load conditions. This reflects a net increase of approximately 165 km compared to the pre-rebalancing condition-representing an improvement of approximately 233%. The Performance Trial results demonstrate a significant improvement in both effective battery capacity and real-world driving range of the Electric Truck. These results further support the technical effectiveness and commercial potential of Battery X Rebalancing Technologies' proprietary rebalancing solution and underscore its broader applicability across commercial electric vehicle fleets and other light-duty EV use cases. The Electric Truck parent company has represented that the Electric Truck's expected driving range under maximum payload conditions is approximately 290 km. Battery X Rebalancing Technologies' Performance Trial yielded an estimated range of approximately 265 km under no-load conditions following the Rebalancing Procedure and Intervention. Although these figures were obtained under different load scenarios, the close alignment between the Electric Truck parent company's reported range and the post-rebalancing estimate supports the reliability of Battery X Rebalancing Technologies' testing methodology. Furthermore, the Performance Trial results underscore the potential of Battery X Rebalancing Technologies' rebalancing process to restore battery performance to levels consistent with the high end of manufacturer-reported specifications. The Performance Trial was performed under no-load conditions; it is relevant to note that payload can have an effect on energy consumption and overall driving range. This consideration is consistent with widely recognized industry dynamics and is disclosed to provide a complete and transparent understanding of factors that may influence real-world vehicle performance. Range may vary based on payload, terrain, driving behavior, and other operational conditions.1 The Performance Trial results further validate the effectiveness and market relevance of Battery X Rebalancing Technologies' proprietary rebalancing solution in restoring degraded battery capacity and materially extending the remaining useful life of commercial electric vehicle batteries. The Company believes these results provide technical validation supporting further evaluation of Prototype 2.0's broader commercial deployment, particularly in fleet environments where range reliability, battery lifespan longevity, and total cost of ownership are mission-critical considerations. Rebalancing Procedure and Cell Diagnostics The Rebalancing Procedure was performed on the Electric Truck's 144-cell lithium-ion battery pack, which had developed significant voltage imbalance under real-world operating conditions (the 'Electric Truck Battery Pack'). The battery pack utilizes lithium nickel manganese cobalt oxide (NMC) chemistry. At the time of inspection, the Electric Truck was effectively inoperable-even at a state of charge (SOC) as high as 60%-indicating a critical disruption in battery functionality. Specifically, once the SOC dropped below approximately 60%, the vehicle was unable to engage or sustain drive mode, rendering it immobile and unfit for road use, highlighting the severity of the cell imbalance and the urgent need for corrective intervention. Using its integrated diagnostic system, Prototype 2.0 identified one specific group of parallel-connected cells registering approximately 3.56 volts (V) (the 'Affected Group'), while the remaining cells in the battery pack measured closer to 3.86V (the 'Initial Voltage Target'). Since the vehicle could not operate with a group of cells falling below ~3.6V, the Affected Group was identified as the likely source of the operational failure. An initial Rebalancing Procedure on the Electric Truck Battery Pack was performed with the intent to rebalance the voltage of the Affected Group to the Initial Voltage Target. However, due to time constraints, the Rebalancing Procedure was only partially completed, and the Electric Truck Battery Pack was left idle overnight for diagnostic observation. By the following morning, the Affected Group, identified using Prototype 2.0's integrated diagnostic system, exhibited a voltage decline of approximately 140 millivolts (mV), indicating potential abnormal self-discharge and persistent voltage decline characteristics of a battery cell within the Affected Group. To further assess voltage retention within cells of the Affected Group, Electric Truck Battery Pack was fully charged using a Level 2 charger, with all cells but the Affected Group reaching approximately 4.10V-referred to as the 'Voltage Target'. The Initial Voltage Target and Voltage Target fall within the standard operating range for NMC lithium-ion cells (3.0V to 4.20V), with 4.20V typically recognized as full capacity.2 After a second overnight observation, one individual cell within the Affected Group displayed an abnormal voltage drop relative to the rest of the Electric Truck Battery Pack, including the Affected Group (the 'Defective Cell'), which at that time was at 4.05V. In this context, a Defective Cell refers to a battery cell exhibiting abnormal self-discharge and persistent voltage decline. While such cells can technically be rebalanced, their atypical behavior may comprise group-level voltage stability, reduce usable capacity, and negatively impact long-term battery performance. Prototype 2.0's ability to isolate and identify Defective Cells is a key diagnostic advantage, enabling targeted interventions that aim to enhance the overall effectiveness of the Rebalancing Procedure. To address the potential long term implications on battery capacity, technicians at the Automotive Service Center-acting under the Revenue Share Agreement-replaced the Affected Group, which included the Defective Cell, with a specification-matched set of cells (the 'Replacement Group') to ensure compatibility with the rest of the Electric Truck Battery Pack (the 'Intervention'). The Rebalancing Procedure was then rebalanced to the Target Voltage, and reintegrated into the Electric Truck Battery Pack. Under typical conditions, a final Rebalancing Procedure of the Electric Truck Battery Pack-including the newly installed Replacement Group-would have been recommended at this stage to achieve optimal voltage balance and uniformity across all cells in the Electric Truck Battery Pack. However, due to time constraints, the vehicle advanced directly to the Performance Trial phase. Battery X Rebalancing Technologies believes that, had this final Rebalancing Procedure been conducted, the recovery in battery capacity and driving range would have been even more pronounced. Notably, Battery X Rebalancing Technologies believes that, while the Defective Cell was a primary contributor to the Electric Truck's inoperability at approximately 60% SOC, its targeted replacement served as an enabling measure to restore localized stability rather than the principal driver of performance recovery. The subsequent Rebalancing Procedure, during which the Repaired Group was brought to the Voltage Target, was the key intervention that re-established acceptable operating tolerances and materially improved the battery pack's functional capacity. Collectively, these actions restored vehicle operability and resulted in a measurable increase in effective driving range under real-world operating conditions. These results underscore the diagnostic precision and corrective capabilities of Prototype 2.0, which not only rebalances imbalanced lithium-ion battery packs but also identifies and isolates Defective Cells that may impact long-term performance. This integrated functionality supports more efficient battery maintenance and scalable reconditioning-particularly valuable in high-utilization commercial EV fleets. Significance of Results The results of the Performance Trial, Rebalancing Procedure, and Prototype 2.0's demonstrated Defective Cell diagnostic capabilities (collectively, the 'Results') confirm that Prototype 2.0 is not only capable of effectively rebalancing lithium-ion battery packs exhibiting significant, naturally occurring cell imbalance, but also of identifying Defective Cells that can materially impact battery capacity and as demonstrated in this instance, vehicle operability. This successful outcome builds upon previously disclosed validation milestones achieved by Battery X Rebalancing Technologies, including third-party technical validation conducted by the National Research Council of Canada (as referenced below), as well as the Company's news release dated May 30, 2025, announcing the successful rebalancing of a naturally imbalanced Nissan Leaf battery pack-the second most common out-of-warranty electric vehicle platform in the United States. Importantly, the Results not only demonstrate the technical effectiveness of Prototype 2.0 in an Electric Truck application, but also demonstrate its potential to recover substantial lost battery capacity resulting from cell imbalance and identifying Defective Cells that can materially impact battery capacity and as demonstrated in this instance, vehicle operability. This performance reinforces the relevance of the Battery X Rebalancing Technologies' patent-pending technology in practical, real-world scenarios and highlights the broader need for scalable, cost-effective battery recovery solutions. The Performance Trial further substantiates the commercial viability of Prototype 2.0 as a solution to extend the remaining useful life of degraded battery packs in commercial electric vehicle fleets. The Problem: Rising EV Adoption Presents New Battery Lifecycle Challenges In 2024, global EV sales reached approximately 17.1 million units, representing a 25% increase from 2023.3 With cumulative global EV sales from 2015 to 2023 totaling an estimated over 40 million units,4 a significant share of the global EV fleet is expected to exit warranty coverage over the coming years. 5,6 By 2031, nearly 40 million electric, plug-in hybrid, and hybrid vehicles worldwide are anticipated to fall outside of their original warranty coverage.5,6 This projection is based on current EV adoption figures and standard industry warranty terms, and underscores a growing risk for EV owners facing battery degradation, reduced capacity, and costly replacement requirements.7 As the global EV fleet continues to expand, the demand for technologies that extend battery life, reduce long-term ownership costs, and support a sustainable transition to electric mobility is increasing. The Solution: Pioneering Next-Generation Technologies to Support Lithium-Ion Battery Longevity Battery X Rebalancing Technologies' proprietary software and hardware technology aims to address this challenge by extending the lifespan of EV batteries. This innovation is being developed with the aim to enhance the sustainability of electric transportation and the goal to provide EV owners with a more cost-effective, environmentally friendly ownership experience by reducing the need for costly battery replacements. Battery X Rebalancing Technologies' rebalancing technology, validated by the National Research Council of Canada ('NRC'), focuses on battery cell rebalancing. The NRC validation demonstrated the technology's ability to effectively correct cell imbalances in lithium-ion battery packs, recovering nearly all lost capacity due to cell imbalance. The validation was conducted on battery modules composed of fifteen 72Ah LiFePO₄ cells connected in series. The cells were initially balanced to a uniform state of charge (SOC), with a measured discharge capacity of 71.10Ah. In the validation test, three of the fifteen cells were then artificially imbalanced-one cell was charged to a 20% higher SOC, and two cells were discharged to a 20% lower SOC-resulting in a reduced discharge capacity of 46.24Ah, following rebalancing using Battery X Rebalancing Technologies' rebalancing technology. These advancements establish Battery X Rebalancing Technologies as a participant in lithium-ion and EV battery solutions, aiming to tackle the critical challenges of capacity degradation of battery packs and expensive replacements. By extending the lifecycle of battery materials within the supply chain, Battery X Rebalancing Technologies aims to support the energy transition and promote a more sustainable future. 1 FlipTurn, 2 Battery University, 3 Rho Motion - Global EV Sales 2024,4 IEA Global EV Outlook 2024, 5 IEA, 6 U.S. News, 7 Recurrent Auto About Battery X Metals Inc. Battery X Metals (CSE:BATX) (OTCQB:BATXF) (FSE:5YW, WKN:A40X9W) is an energy transition resource exploration and technology company committed to advancing domestic and critical battery metal resource exploration and developing next-generation proprietary technologies. Taking a diversified, 360° approach to the battery metals industry, the Company focuses on exploration, lifespan extension, and recycling of lithium-ion batteries and battery materials. For more information, visit On Behalf of the Board of Directors Massimo Bellini Bressi, Director For further information, please contact: Massimo Bellini Bressi Chief Executive Officer Email: [email protected] Tel: (604) 741-0444 Disclaimer for Forward-Looking Information This news release contains forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements in this release relate to, among other things: the estimated driving range improvements for the Electric Truck following the Rebalancing Procedure; the interpretation and implications of the Performance Trial and Rebalancing Procedure; the technical capabilities and potential future applications of Prototype 2.0, including its ability to restore battery capacity and address cell imbalance in lithium-ion battery packs; the relevance of these results to light-duty electric vehicles and high-utilization commercial EV fleets; and the Company's broader objective to extend battery life and improve performance outcomes for electric vehicle operators. These forward-looking statements reflect management's current expectations, estimates, projections, and assumptions as of the date of this news release and are based on a number of factors and assumptions believed to be reasonable at the time such statements are made, including without limitation: assumptions regarding the repeatability of results under similar conditions; consistent battery behavior across comparable vehicles and chemistries; the continued performance of Prototype 2.0 in future applications; and the relevance of the platform's diagnostic capabilities to real-world EV battery issues. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to: the inability to replicate trial results in other settings; variability in battery performance across different chemistries or states of health; limitations in diagnostic interpretation; unforeseen technical or operational challenges; risks generally associated with early-stage battery technology development; regulatory changes affecting EV battery technologies; and intellectual property risks related to Prototype 2.0. There can be no assurance that Prototype 2.0 will achieve broader commercial adoption or that the Company or Battery X Rebalancing Technologies will realize any revenues from the developments described herein. Readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Investors are encouraged to consult the Company's continuous disclosure filings available under its profile at for additional risk factors and information. SOURCE: Battery X Metals press release

Battery X Metals Reports Estimated 225 km Increase in Effective Driving Range Following Second Successful Rebalancing and First Successful Targeted Cell Replacement, Restoring Light-Duty Electric Vehicle to 265 km and Diagnosing Defective Cell That Had Severely Limited Range
Battery X Metals Reports Estimated 225 km Increase in Effective Driving Range Following Second Successful Rebalancing and First Successful Targeted Cell Replacement, Restoring Light-Duty Electric Vehicle to 265 km and Diagnosing Defective Cell That Had Severely Limited Range

Yahoo

time2 days ago

  • Yahoo

Battery X Metals Reports Estimated 225 km Increase in Effective Driving Range Following Second Successful Rebalancing and First Successful Targeted Cell Replacement, Restoring Light-Duty Electric Vehicle to 265 km and Diagnosing Defective Cell That Had Severely Limited Range

News Release Highlights: Battery X Rebalancing Technologies restored a severely impaired Class 3 electric truck from an estimated 40 km of Effective Driving Range (limited by a Defective Cell) to an estimated 265 km of post-intervention range-representing an estimated 225 km increase (563% improvement) using its patent-pending Prototype 2.0 diagnostic and rebalancing platform. Compared to the estimated Baseline Range of 100 km prior to rebalancing, this restoration reflects a 165 km increase, or a 165% improvement in driving range. Prototype 2.0 successfully diagnosed and enabled targeted replacement of a Defective Cell within a parallel-connected group, which had caused premature vehicle shutdown below 60% state of charge (SOC)-demonstrating critical diagnostic precision in real-world conditions. The Rebalancing Procedure and Intervention restored the Electric Truck's functionality, corrected a severe voltage imbalance in a 144-cell NMC battery pack, and demonstrated measurable recovery of battery performance under real-world driving conditions. VANCOUVER, BC / / July 25, 2025 / Battery X Metals Inc. (CSE:BATX)(OTCQB:BATXF)(FSE:5YW, WKN:A40X9W)("Battery X Metals" or the "Company") an energy transition resource exploration and technology company, announces that further to its news releases dated June 6, July 4 and July 18, 2025, its wholly-owned subsidiary, Battery X Rebalancing Technologies Inc. ("Battery X Rebalancing Technologies"), has successfully completed a second real-world electric vehicle (EV) battery rebalancing procedure (the "Rebalancing Procedure") and driving performance trial (the "Performance Trial") under its Commercial Revenue Share Agreement (the "Revenue Share Agreement") with an arm's-length, independent automobile service center based in Vancouver, BC (the "Automotive Service Center"), which specializes in servicing out-of-warranty Tesla vehicles. The Rebalancing Procedure and subsequent Performance Trial demonstrated a significant improvement in estimated driving range for a fully electric Class 3 commercial vehicle, or light-duty electric vehicle (the "Electric Truck") following a complete rebalancing process using Battery X Rebalancing Technologies' patent-pending second-generation lithium-ion battery rebalancing hardware and software platform ("Prototype 2.0"). Performance Trial Results The baseline estimated driving range of the Electric Truck prior to the Rebalancing Procedure was approximately 100 kilometers (km) (the "Baseline Range"). This estimate was based on a pre-rebalancing controlled driving trial conducted under mixed city and highway conditions, during which the vehicle consumed approximately 39% of its available battery capacity to travel a distance of 39 km. Prior to the Rebalancing Procedure (defined herein) and Intervention (defined herein), the Electric Truck exhibited a critical issue where it became inoperable once the state of charge (SOC) dropped below approximately 60%. Although the baseline driving range of the battery pack was estimated at 100 km under normal conditions, the presence of a Defective Cell (defined herein) caused the Electric Truck to shut down prematurely, limiting effective driving range to just ~40 km (the "Effective Driving Range"). This discrepancy highlights the material impact of undiagnosed cell-level defects on real-world EV performance. Following the identification of a Defective Cell within the Affected Group (defined herein) using Prototype 2.0's integrated cell diagnostics, the entire Affected Group was replaced with a specification-matched Replacement Group (defined herein). Together with the Rebalancing Procedure, this intervention restored the Electric Truck's effective driving range to an estimated 265 km-an improvement of approximately 225 km, or 563% from the Effective Driving Range, and an improvement of 165 km, or 165%, from the Baseline Range. Following completion of the Rebalancing Procedure and Intervention, Battery X Rebalancing Technologies conducted a controlled Performance Trial on the Electric Truck to evaluate post-rebalancing improvements in estimated driving range and battery efficiency under actual operating conditions. During this post-rebalancing trial-also conducted under mixed city and highway conditions-the Electric Truck utilized approximately 17% of its available battery capacity to travel a distance of 45.1 km. Based on this data, the post-rebalancing estimated driving range of the Electric Truck is approximately 265 km under no-load conditions. This reflects a net increase of approximately 165 km compared to the pre-rebalancing condition-representing an improvement of approximately 233%. The Performance Trial results demonstrate a significant improvement in both effective battery capacity and real-world driving range of the Electric Truck. These results further support the technical effectiveness and commercial potential of Battery X Rebalancing Technologies' proprietary rebalancing solution and underscore its broader applicability across commercial electric vehicle fleets and other light-duty EV use cases. The Electric Truck parent company has represented that the Electric Truck's expected driving range under maximum payload conditions is approximately 290 km. Battery X Rebalancing Technologies' Performance Trial yielded an estimated range of approximately 265 km under no-load conditions following the Rebalancing Procedure and Intervention. Although these figures were obtained under different load scenarios, the close alignment between the Electric Truck parent company's reported range and the post-rebalancing estimate supports the reliability of Battery X Rebalancing Technologies' testing methodology. Furthermore, the Performance Trial results underscore the potential of Battery X Rebalancing Technologies' rebalancing process to restore battery performance to levels consistent with the high end of manufacturer-reported specifications. The Performance Trial was performed under no-load conditions; it is relevant to note that payload can have an effect on energy consumption and overall driving range. This consideration is consistent with widely recognized industry dynamics and is disclosed to provide a complete and transparent understanding of factors that may influence real-world vehicle performance. Range may vary based on payload, terrain, driving behavior, and other operational conditions.1 The Performance Trial results further validate the effectiveness and market relevance of Battery X Rebalancing Technologies' proprietary rebalancing solution in restoring degraded battery capacity and materially extending the remaining useful life of commercial electric vehicle batteries. The Company believes these results provide technical validation supporting further evaluation of Prototype 2.0's broader commercial deployment, particularly in fleet environments where range reliability, battery lifespan longevity, and total cost of ownership are mission-critical considerations. Rebalancing Procedure and Cell Diagnostics The Rebalancing Procedure was performed on the Electric Truck's 144-cell lithium-ion battery pack, which had developed significant voltage imbalance under real-world operating conditions (the "Electric Truck Battery Pack"). The battery pack utilizes lithium nickel manganese cobalt oxide (NMC) chemistry. At the time of inspection, the Electric Truck was effectively inoperable-even at a state of charge (SOC) as high as 60%-indicating a critical disruption in battery functionality. Specifically, once the SOC dropped below approximately 60%, the vehicle was unable to engage or sustain drive mode, rendering it immobile and unfit for road use, highlighting the severity of the cell imbalance and the urgent need for corrective intervention. Using its integrated diagnostic system, Prototype 2.0 identified one specific group of parallel-connected cells registering approximately 3.56 volts (V) (the "Affected Group"), while the remaining cells in the battery pack measured closer to 3.86V (the "Initial Voltage Target"). Since the vehicle could not operate with a group of cells falling below ~3.6V, the Affected Group was identified as the likely source of the operational failure. An initial Rebalancing Procedure on the Electric Truck Battery Pack was performed with the intent to rebalance the voltage of the Affected Group to the Initial Voltage Target. However, due to time constraints, the Rebalancing Procedure was only partially completed, and the Electric Truck Battery Pack was left idle overnight for diagnostic observation. By the following morning, the Affected Group, identified using Prototype 2.0's integrated diagnostic system, exhibited a voltage decline of approximately 140 millivolts (mV), indicating potential abnormal self-discharge and persistent voltage decline characteristics of a battery cell within the Affected Group. To further assess voltage retention within cells of the Affected Group, Electric Truck Battery Pack was fully charged using a Level 2 charger, with all cells but the Affected Group reaching approximately 4.10V-referred to as the "Voltage Target". The Initial Voltage Target and Voltage Target fall within the standard operating range for NMC lithium-ion cells (3.0V to 4.20V), with 4.20V typically recognized as full capacity.2 After a second overnight observation, one individual cell within the Affected Group displayed an abnormal voltage drop relative to the rest of the Electric Truck Battery Pack, including the Affected Group (the "Defective Cell"), which at that time was at 4.05V. In this context, a Defective Cell refers to a battery cell exhibiting abnormal self-discharge and persistent voltage decline. While such cells can technically be rebalanced, their atypical behavior may comprise group-level voltage stability, reduce usable capacity, and negatively impact long-term battery performance. Prototype 2.0's ability to isolate and identify Defective Cells is a key diagnostic advantage, enabling targeted interventions that aim to enhance the overall effectiveness of the Rebalancing Procedure. To address the potential long term implications on battery capacity, technicians at the Automotive Service Center-acting under the Revenue Share Agreement-replaced the Affected Group, which included the Defective Cell, with a specification-matched set of cells (the "Replacement Group") to ensure compatibility with the rest of the Electric Truck Battery Pack (the "Intervention"). The Rebalancing Procedure was then rebalanced to the Target Voltage, and reintegrated into the Electric Truck Battery Pack. Under typical conditions, a final Rebalancing Procedure of the Electric Truck Battery Pack-including the newly installed Replacement Group-would have been recommended at this stage to achieve optimal voltage balance and uniformity across all cells in the Electric Truck Battery Pack. However, due to time constraints, the vehicle advanced directly to the Performance Trial phase. Battery X Rebalancing Technologies believes that, had this final Rebalancing Procedure been conducted, the recovery in battery capacity and driving range would have been even more pronounced. Notably, Battery X Rebalancing Technologies believes that, while the Defective Cell was a primary contributor to the Electric Truck's inoperability at approximately 60% SOC, its targeted replacement served as an enabling measure to restore localized stability rather than the principal driver of performance recovery. The subsequent Rebalancing Procedure, during which the Repaired Group was brought to the Voltage Target, was the key intervention that re-established acceptable operating tolerances and materially improved the battery pack's functional capacity. Collectively, these actions restored vehicle operability and resulted in a measurable increase in effective driving range under real-world operating conditions. These results underscore the diagnostic precision and corrective capabilities of Prototype 2.0, which not only rebalances imbalanced lithium-ion battery packs but also identifies and isolates Defective Cells that may impact long-term performance. This integrated functionality supports more efficient battery maintenance and scalable reconditioning-particularly valuable in high-utilization commercial EV fleets. Significance of Results The results of the Performance Trial, Rebalancing Procedure, and Prototype 2.0's demonstrated Defective Cell diagnostic capabilities (collectively, the "Results") confirm that Prototype 2.0 is not only capable of effectively rebalancing lithium-ion battery packs exhibiting significant, naturally occurring cell imbalance, but also of identifying Defective Cells that can materially impact battery capacity and as demonstrated in this instance, vehicle operability. This successful outcome builds upon previously disclosed validation milestones achieved by Battery X Rebalancing Technologies, including third-party technical validation conducted by the National Research Council of Canada (as referenced below), as well as the Company's news release dated May 30, 2025, announcing the successful rebalancing of a naturally imbalanced Nissan Leaf battery pack-the second most common out-of-warranty electric vehicle platform in the United States. Importantly, the Results not only demonstrate the technical effectiveness of Prototype 2.0 in an Electric Truck application, but also demonstrate its potential to recover substantial lost battery capacity resulting from cell imbalance and identifying Defective Cells that can materially impact battery capacity and as demonstrated in this instance, vehicle operability. This performance reinforces the relevance of the Battery X Rebalancing Technologies' patent-pending technology in practical, real-world scenarios and highlights the broader need for scalable, cost-effective battery recovery solutions. The Performance Trial further substantiates the commercial viability of Prototype 2.0 as a solution to extend the remaining useful life of degraded battery packs in commercial electric vehicle fleets. The Problem: Rising EV Adoption Presents New Battery Lifecycle Challenges In 2024, global EV sales reached approximately 17.1 million units, representing a 25% increase from 2023.3 With cumulative global EV sales from 2015 to 2023 totaling an estimated over 40 million units,4 a significant share of the global EV fleet is expected to exit warranty coverage over the coming years. 5,6 By 2031, nearly 40 million electric, plug-in hybrid, and hybrid vehicles worldwide are anticipated to fall outside of their original warranty coverage.5,6 This projection is based on current EV adoption figures and standard industry warranty terms, and underscores a growing risk for EV owners facing battery degradation, reduced capacity, and costly replacement requirements.7 As the global EV fleet continues to expand, the demand for technologies that extend battery life, reduce long-term ownership costs, and support a sustainable transition to electric mobility is increasing. The Solution: Pioneering Next-Generation Technologies to Support Lithium-Ion Battery Longevity Battery X Rebalancing Technologies' proprietary software and hardware technology aims to address this challenge by extending the lifespan of EV batteries. This innovation is being developed with the aim to enhance the sustainability of electric transportation and the goal to provide EV owners with a more cost-effective, environmentally friendly ownership experience by reducing the need for costly battery replacements. Battery X Rebalancing Technologies' rebalancing technology, validated by the National Research Council of Canada ("NRC"), focuses on battery cell rebalancing. The NRC validation demonstrated the technology's ability to effectively correct cell imbalances in lithium-ion battery packs, recovering nearly all lost capacity due to cell imbalance. The validation was conducted on battery modules composed of fifteen 72Ah LiFePO₄ cells connected in series. The cells were initially balanced to a uniform state of charge (SOC), with a measured discharge capacity of 71.10Ah. In the validation test, three of the fifteen cells were then artificially imbalanced-one cell was charged to a 20% higher SOC, and two cells were discharged to a 20% lower SOC-resulting in a reduced discharge capacity of 46.24Ah, following rebalancing using Battery X Rebalancing Technologies' rebalancing technology. These advancements establish Battery X Rebalancing Technologies as a participant in lithium-ion and EV battery solutions, aiming to tackle the critical challenges of capacity degradation of battery packs and expensive replacements. By extending the lifecycle of battery materials within the supply chain, Battery X Rebalancing Technologies aims to support the energy transition and promote a more sustainable future. 1 FlipTurn, 2 Battery University, 3 Rho Motion - Global EV Sales 2024,4 IEA Global EV Outlook 2024, 5 IEA, 6 U.S. News, 7 Recurrent Auto About Battery X Metals Inc. Battery X Metals (CSE:BATX) (OTCQB:BATXF) (FSE:5YW, WKN:A40X9W) is an energy transition resource exploration and technology company committed to advancing domestic and critical battery metal resource exploration and developing next-generation proprietary technologies. Taking a diversified, 360° approach to the battery metals industry, the Company focuses on exploration, lifespan extension, and recycling of lithium-ion batteries and battery materials. For more information, visit On Behalf of the Board of DirectorsMassimo Bellini Bressi, Director For further information, please contact: Massimo Bellini BressiChief Executive OfficerEmail: mbellini@ (604) 741-0444 Disclaimer for Forward-Looking Information This news release contains forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements in this release relate to, among other things: the estimated driving range improvements for the Electric Truck following the Rebalancing Procedure; the interpretation and implications of the Performance Trial and Rebalancing Procedure; the technical capabilities and potential future applications of Prototype 2.0, including its ability to restore battery capacity and address cell imbalance in lithium-ion battery packs; the relevance of these results to light-duty electric vehicles and high-utilization commercial EV fleets; and the Company's broader objective to extend battery life and improve performance outcomes for electric vehicle operators. These forward-looking statements reflect management's current expectations, estimates, projections, and assumptions as of the date of this news release and are based on a number of factors and assumptions believed to be reasonable at the time such statements are made, including without limitation: assumptions regarding the repeatability of results under similar conditions; consistent battery behavior across comparable vehicles and chemistries; the continued performance of Prototype 2.0 in future applications; and the relevance of the platform's diagnostic capabilities to real-world EV battery issues. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to: the inability to replicate trial results in other settings; variability in battery performance across different chemistries or states of health; limitations in diagnostic interpretation; unforeseen technical or operational challenges; risks generally associated with early-stage battery technology development; regulatory changes affecting EV battery technologies; and intellectual property risks related to Prototype 2.0. There can be no assurance that Prototype 2.0 will achieve broader commercial adoption or that the Company or Battery X Rebalancing Technologies will realize any revenues from the developments described herein. Readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Investors are encouraged to consult the Company's continuous disclosure filings available under its profile at for additional risk factors and information. SOURCE: Battery X Metals View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Surprise! Four-Day Work Weeks Make Employees Happier, Productive
Surprise! Four-Day Work Weeks Make Employees Happier, Productive

Yahoo

time3 days ago

  • Yahoo

Surprise! Four-Day Work Weeks Make Employees Happier, Productive

The evidence is growing that a shorter work week is better not just for workers, but for employers as well. The largest-ever study of a four-day work week found that employees working fewer hours weren't just happier, but they also maintained productivity and had better job satisfaction, according to an article on the study published by Scientific American. In fact, the four-day work week was so successful that most companies kept the reduced schedule even after the study ended. Published in the journal Nature Human Behaviour, the study looked at 2,896 employees at 141 companies in the U.S., Australia, New Zealand, Canada, Ireland and the United Kingdom. Shorter Week, Less Stress Before shifting to the reduced four-day work week, companies involved in the study restructured their workflow to maintain 80% of a worker's weekly productivity by eliminating activities like unnecessary meetings. Some researchers suspected that the condensed schedule would lead to more stress for workers who hurried to get their tasks completed in time. 'When workers want to deliver the same productivity, they might work very rapidly to get the job done, and their well-being might actually worsen,' said lead author Wen Fan, a sociologist at Boston College in Massachusetts, in the Scientific American article. 'But that's not what we found.' Overall, workers felt better job satisfaction and reported better mental health after six months of the study. And while the study didn't look at whether companies' productivity levels dropped, it did say that 90% of companies kept the shorter work week even after the trial ended, indicating they weren't worried about a dip in profits. The study did leave some questions unanswered. For example, since employees self-reported the results, researchers wondered whether they over-emphasized the positive benefits in an effort to retain the extra day off. Read the original article on Investopedia

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