Latest news with #BatteryXRebalancingTechnologies
Associated Press
2 days ago
- Automotive
- Associated Press
Battery X Metals Successfully Validates Next-Generation Battery Rebalancing Machine on Light-Duty Electric Vehicle Model that Exhibited Significant Real-World Cell-Imbalance-Related Capacity Degradation, Achieving 100% Imbalance Recovery and 38% of Rated Capacity Restored in Preliminary Trial
News Release Highlights: X Rebalancing Technologies successfully validates its next-generation battery rebalancing machine on a commercial electric truck battery that had experienced significant real-world imbalance, expanding functionality to include a Class 3 light-duty EV model. 2.0 achieved 100% recovery of imbalance-related capacity loss and a 37.7% increase of the rated capacity, underscoring the machine's effectiveness on a significantly imbalanced battery pack. trial conducted on a significantly imbalanced battery pack provided by an authorized Canadian distributor of the electric truck, highlighting market interest and broader demand for cost-effective solutions to restore electric vehicle battery capacity and avoid costly full-pack replacements. VANCOUVER, BC / ACCESS Newswire / June 6, 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 May 9, 2025, May 23, 2025, and May 30, 2025, its wholly-owned subsidiary, Battery X Rebalancing Technologies Inc. ('Battery X Rebalancing Technologies'), has expanded the functionality of its next-generation lithium-ion battery rebalancing hardware and software platform to include a fully electric, Class 3 commercial electric vehicle, or light-duty electric vehicle (the 'Electric Truck'), and has achieved successful preliminary trial results (the 'Trial') on an 144-battery cell Electric Truck battery pack which had exhibited significant natural imbalance caused by real-world conditions, demonstrating 100% recovery of a naturally occurring imbalance-related capacity loss, and a 37.7% increase of the Rated Capacity (as defined herein) of the Electric Truck's battery pack, composed of lithium nickel manganese cobalt oxide (NMC) materials (the 'Electric Truck Battery Pack'). The Trial results (the 'Results') were performed using Battery X Rebalancing Technologies' second-generation, patent-pending battery rebalancing machine ('Prototype 2.0") on the Electric Truck Battery Pack. The Electric Truck Battery Pack has been assessed to have a rated full capacity of 176 ampere-hours (Ah) (the 'Rated Capacity'), as specified on the nameplate affixed to the Electric Truck Battery Pack. Initially, the Electric Truck Battery Pack was fully charged using a J1772 (Type 1) AC charging port, delivering 40 amperes (A) of current. This Level 2 AC charging step, consistent with North American EV standards¹, was managed by the vehicle's onboard systems. Once the dashboard displayed a 100 percent state of charge and the charger application indicated the vehicle was no longer requesting current, Prototype 2.0 initiated its patent-pending battery rebalancing process. A rebalancing current between 0 and 3 amperes was then individually applied to each of the battery cells, charging them simultaneously to a target voltage of 4.20 volts (the 'Voltage Target'). The Voltage Target falls within the standard operating range for NMC lithium-ion cells (3.0V to 4.20V), with 4.20V commonly recognized as full capacity in the industry². The Results show that 66.3 Ah of capacity, previously lost due to battery-cell imbalance, was successfully restored on the Electric Truck Battery Pack. This represents approximately 37.7 percent of the Rated Capacity of the unbalanced Electric Truck Battery Pack. The restored capacity corresponds to the full theoretical rebalancing potential based on achieving the Voltage Target across all cells and reflects complete recovery of the significant imbalance identified. These results were validated using Prototype 2.0's integrated software feature, which measures ampere-hour capacity restored through rebalancing on a per-cell basis. The software also identified the maximum individual cell discrepancy to be 66.3 Ah, relative to the Rated Capacity. Battery X Rebalancing Technologies interprets these Results as confirmation of Prototype 2.0's ability to recover significant imbalance-induced battery-cell capacity loss through precise voltage alignment and active cell-level rebalancing. The expanded functionality development for the Electric Truck builds on a series of prior advancements by Battery X Rebalancing Technologies, as disclosed in the Company's news release dated May 9, 2025, which announced that Battery X Rebalancing Technologies had entered into a non-commercial, collaborative scope of services agreement (the 'Factor E Agreement') with Factor E Motors Ltd., a Vancouver-based automotive service centre specializing in out-of-warranty Tesla vehicles. The Factor E Agreement is intended to support the continued development of Prototype 2.0, with an initial focus on Tesla Model 3 and Model X battery packs currently held by Factor E Motors. This progress was further advanced, as disclosed the Company's news releases dated May 23, 2025, and May 30, 2025, which announced the expansion of Prototype 2.0's development to include Nissan Leaf battery packs and confirmed the successful rebalancing of a naturally imbalanced Nissan Leaf battery pack. This achievement marked a key milestone in validating Prototype 2.0's compatibility with the #2 most common out-of-warranty electric vehicle model in the United States. Together, these initiatives underscore Battery X Rebalancing Technologies' commitment to demonstrating the adaptability of its technology across multiple real-world electric vehicle platforms and highlight the increasing demand for practical, cost-effective battery reconditioning solutions. Results Significance of Results & Market Opportunity for the Electric Truck The Results of the Trial demonstrate that Prototype 2.0 is capable of effectively rebalancing lithium-ion battery packs exhibiting significant, naturally occurring battery cell imbalance. This successful outcome builds upon prior validation of Battery X Rebalancing Technologies' patent-pending rebalancing technology, including independent validation by the National Research Council of Canada (as detailed below), and the Company's previously disclosed news release dated May 30, 2025 announcing successful rebalancing of naturally imbalanced Nissan Leaf battery pack, the #2 most common out-of-warranty electric vehicle model in the United States. Importantly, the Results not only confirm the technical functionality of Prototype 2.0 in a real-world electric vehicle platform, but also highlight its potential to restore substantial lost capacity-an outcome that supports the growing demand for practical, cost-effective battery recovery solutions. The Electric Truck Trial reinforces the relevance of Battery X Rebalancing Technologies' patent-pending Prototype 2.0 in real-world environments and signals a broader opportunity to extend the useful lifespan of aging electric vehicle battery packs. The Electric Truck and Electric Truck Battery Pack were provided at no cost to Battery X Rebalancing Technologies for testing and validation by an authorized Canadian distributor of the Electric Truck (the 'Distributor'), who advised that it owns a fleet of approximately 20 Electric Trucks (the 'Electric TruckFleet'). Several vehicles within this fleet have reportedly experienced significant capacity degradation due to battery cell imbalance. The expanded functionality development and subsequent Trial were initiated in response to the Distributor's interest in identifying a viable alternative to full battery replacement, which it noted could be prohibitively expensive. The objective of the Trial was to assess whether Prototype 2.0 could successfully rebalance a battery pack from the Electric Truck Fleet. The positive Results are expected to inform ongoing discussions with the Distributor regarding the potential deployment of Prototype 2.0 across its broader fleet to restore and extend battery life while mitigating potentially costly battery replacements. Further, the Company has been advised by the Distributor that approximately 700 Electric Trucks are currently deployed across Canada, owned by a combination of the Electric Truck's parent company, authorized dealers, commercial fleet operators, and private fleet owners. According to the Distributor, many of these vehicles have encountered similar battery pack capacity degradation attributed to battery cell imbalance. This highlights a market opportunity for Battery X Rebalancing Technologies to provide a cost-effective rebalancing solution for electric vehicle owners seeking to avoid premature battery replacement. In parallel with these developments, Battery X Rebalancing Technologies is advancing the implementation of standardized operating procedures (SOPs) for rebalancing the Electric Truck Battery Pack, along with user interface and workflow optimizations for Prototype 2.0. Battery X Rebalancing Technologies is also progressing efforts to formalize a commercial manufacturing agreement to support scalable production and deployment capabilities. These initiatives are part of a broader commercialization strategy and are not limited to any single third-party opportunity, with the exception of the Electric Truck-specific SOPs, which are being developed in direct response to the potential opportunity identified through the Trial. There can be no assurance that Battery X Rebalancing Technologies will establish commercial arrangements with any third party at this time. While the Company is encouraged by the progress to date and the evident market need, any future commercial arrangement remains subject to further validation, negotiation, and operational readiness. 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 20233. With cumulative global EV sales from 2015 to 2023 totaling an estimated over 40 million units4, a significant share of the global EV fleet is expected to exit warranty coverage over the coming years. By 2031, nearly 40 million electric, plug-in hybrid, and hybrid vehicles worldwide are anticipated to fall outside of their original warranty coverage5,6. 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 requirements7. 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 EVESC, 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 continued development, testing, and optimization of Prototype 2.0; the expansion of its functionality to include additional electric vehicle platforms, including Class 3 light-duty commercial electric trucks; the Company's interpretation of preliminary trial results, including 100% imbalance-related capacity loss recovery and 37.7% increase of the Rated Capacity; the effectiveness of Prototype 2.0 in restoring lost capacity caused by battery cell imbalance; the relevance of the Trial in real-world operating conditions; the possibility of future commercial discussions with the Canadian distributor of the Electric Truck; the potential deployment of Prototype 2.0 across the distributor's Electric Truck Fleet; the estimated number of Electric Trucks deployed across Canada; the broader demand for rebalancing technologies to extend the useful life of electric vehicle battery packs; the scalability of Battery X Rebalancing Technologies' platform to meet market demand; the implementation of standardized operating procedures (SOPs) for Electric Truck rebalancing; user interface and workflow optimizations; and the progress toward formalizing a commercial manufacturing agreement to support scalable production and deployment capacity. These forward-looking statements reflect management's current expectations, estimates, projections, and assumptions as of the date of this news release. 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 ability to complete further testing and validation of Prototype 2.0; variability in performance across different battery chemistries or EV platforms; the timing, structure, and outcome of any potential commercial discussions or agreements with distributors or other fleet operators; customer and market adoption; the ability to scale production through third-party manufacturing; successful implementation of SOPs and software enhancements; regulatory developments; operational and logistical challenges; and the ability to execute commercial contracts and generate revenue. There can be no assurance that Prototype 2.0 will achieve full commercialization, that any commercial agreements will be entered into, or that Battery X Metals Inc. or Battery X Rebalancing Technologies will generate revenue from the initiatives described herein. The realization of any commercial opportunity remains subject to further validation, negotiation, third-party readiness, and successful execution of definitive agreements. Battery X Metals Inc. undertakes no obligation to revise or update any forward-looking statements to reflect future events or circumstances, except as required by applicable law. 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
Associated Press
6 days ago
- Business
- Associated Press
Battery X Metals Unveils Next-Generation Lithium-Ion Battery Rebalancing Machine Following Successful Full Capacity Recovery on a Real-World Imbalanced Battery from the #2 Out-of-Warranty Electric Vehicle Model in the United States in Preliminary Trial
News Release Highlights: VANCOUVER, BC / ACCESS Newswire / June 2, 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 release dated May 27, 2025 confirming the scheduling of its Exclusive Live Investor Reveal Event, and its news release dated May 30, 2025 announcing the successful completion of a preliminary trial (the 'Trial') using Prototype 2.0 on a real-world naturally imbalanced battery pack from the second most common out-of-warranty electric vehicle model in the United States-the Nissan Leaf-the Company is pleased to unveil its second-generation, patent-pending lithium-ion battery rebalancing machine ('Prototype 2.0"), developed by its wholly owned subsidiary, Battery X Rebalancing Technologies Inc. ('Battery X Rebalancing Technologies'). As disclosed in the Company's news release dated May 30, 2025, the Trial marks the first real-world application of Prototype 2.0, validating the Company's proprietary rebalancing technology outside of controlled laboratory environments. The results demonstrated 100% recovery of imbalance-related capacity loss, confirming Prototype 2.0's ability to rebalance cell-level voltages and restore usable ampere-hour capacity in aging battery packs. 'This milestone represents a significant inflection point in our validation journey,' said Massimo Bellini Bressi, CEO of Battery X Metals. 'With Prototype 2.0, we've not only confirmed the technology's ability to detect and correct cell imbalances with precision, but we've now proven it can perform in real-world conditions. We believe this is the first of many major validations that will drive adoption of rebalancing as a viable solution for electric vehicle battery longevity.' Prototype 2.0 Unveiled During Live Reveal Event On May 30, 2025, Battery X Metals hosted its previously announced Exclusive Live Investor Reveal Event (the 'Live Reveal Event'), where it formally presented Prototype 2.0 to the public for the first time. The Live Reveal Event featured a live walkthrough of the system, a dedicated corporate video showcasing Prototype 2.0's design and functionality, and commentary from management on the Company's development roadmap and upcoming milestones. Attendees were also shown an explanatory summary video about battery rebalancing, which outlines how lithium-ion cell imbalances affect battery performance and emphasizes the critical role of rebalancing in prolonging battery life. The Company encourages all shareholders, stakeholders, industry participants, and interested parties to watch the featured videos to gain a deeper understanding of Prototype 2.0's patent-pending technology, the rebalancing process, and the significance of this validation milestone. Watch the featured videos here: Prototype 2.0 Summary of Trial Results As disclosed in the Company's news release dated May 30, 2025, the Trial results (the 'Results') were performed using Prototype 2.0 on the Nissan Leaf Battery Pack, The Nissan Leaf Battery Pack was first charged at 12 amperes using Battery X Rebalancing Technologies' cycling module to simulate a standard electric vehicle charging cycle. Once the first cell reached the voltage target of 4.20 volts (the 'Voltage Target'), a rebalancing current between 0 and 3 amperes was applied individually to the remaining cells until all 96-battery cells successfully reached the Voltage Target. The Voltage Target lies within the standard operating range for LMO and LNO lithium-ion cells of 3.0 volts to 4.20 volts, with 4.20 volts commonly recognized as the full capacity in the industry¹. According to the diagnostic report provided by the vendor of the Nissan Leaf Battery Pack (the 'Battery Vendor Diagnostic Report'), the reported measured effective ampere-hour capacity of the Nissan Leaf Battery Pack prior to rebalancing was 50.34 ampere-hours (Ah). This served as the baseline capacity for the Trial. Following the Trial, Prototype 2.0's integrated software determined that 1.95 Ah of additional capacity had been successfully restored. While the Battery Vendor Diagnostic Report did not quantitatively indicate a loss of capacity, it indicated that the Nissan Leaf Battery Pack was operating at 50.34 Ah with minor voltage imbalance that placed the voltage below the Voltage Target. Rebalancing the cells to the Voltage Target achieved a 3.9 percent improvement in usable capacity. The restored 1.95 Ah corresponds to the full theoretical rebalancing increase based on the Voltage Target achieved, and represents full recovery of the minor voltage imbalance indicated on the Battery Vendor Diagnostic Report. These results were determined by the Trial based on achieving the Voltage Target across all 96-battery cells, along with a software feature of Prototype 2.0 that shows the ampere-hours (Ah) capacity restored through rebalancing for each individual cell, with the largest discrepancy being 1.95 Ah, based on the Voltage Target. Battery X Rebalancing Technologies interprets this result as confirmation of Prototype 2.0's ability to restore all imbalance-induced lost capacity through precise voltage alignment and battery-cell level rebalancing. Results Battery X Rebalancing Technologies views this successful demonstration as a critical step in the technology validation process, paving the way for expanded testing, operational protocol development, and eventual commercial deployment. Refer to the Company's news release dated May 30, 2025, for additional information pertaining to the Trial and Results. 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 20232. With cumulative global EV sales from 2015 to 2023 totaling an estimated over 40 million units3, a significant share of the global EV fleet is expected to exit warranty coverage over the coming years. By 2031, nearly 40 million electric, plug-in hybrid, and hybrid vehicles worldwide are anticipated to fall outside of their original warranty coverage4,5. 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 requirements6. 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 Battery University , 2 Rho Motion - Global EV Sales 2024, 3 IEA Global EV Outlook 2024, 4 IEA, 5 U.S. News, 6 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 relate to future events or performance and include statements regarding: the performance, functionality, and commercial potential of Prototype 2.0; the anticipated continuation and expansion of real-world testing; the Company's ability to conduct further trials across additional electric vehicle battery platforms; the development and refinement of standard operating procedures for rebalancing workflows; the validation and applicability of the Company's proprietary rebalancing technology to other lithium-ion chemistries and vehicle models; the potential for adoption of rebalancing technologies to extend battery lifespan and reduce ownership costs; the scalability and integration of the technology within commercial EV service environments; the Company's role in supporting the broader energy transition and battery circular economy; and future revenue generation, partnerships, and commercial deployment opportunities. Forward-looking statements are based on management's reasonable assumptions, expectations, estimates, analyses, and opinions as of the date of this news release. These forward-looking statements involve 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. These risks and uncertainties include, but are not limited to: the ability to replicate real-world trial results at scale or across different battery configurations; the ongoing performance of Prototype 2.0 in controlled and uncontrolled environments; evolving market acceptance of battery rebalancing technologies; the Company's ability to secure strategic partnerships and funding; general business, technological, regulatory, and economic conditions; and other risk factors disclosed in the Company's public filings on There can be no assurance that the Company's technology will function as intended in all scenarios, that further validation will yield consistent results, or that rebalancing will be broadly adopted as a standard EV battery maintenance or longevity solution. The Company undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. SOURCE: Battery X Metals press release
The Market Online
28-05-2025
- Automotive
- The Market Online
Battery X Metals unveils new prototype, expands EV compatibility to Nissan Leaf
Battery X Metals (CSE:BATX) has delivered its second-generation, patent-pending lithium-ion battery rebalancing machine—Prototype 2.0 Preliminary rebalancing trials have already been conducted on a Nissan Leaf battery pack acquired from an independent third party Battery X Rebalancing Technologies signed an agreement with Factor E Motors Ltd., a Vancouver-based automotive service centre specializing in out-of-warranty Tesla vehicles Battery X Metals stock (CSE:BATX) last traded at $0.37 Battery X Metals (CSE:BATX) has delivered its second-generation, patent-pending lithium-ion battery rebalancing machine—Prototype 2.0. The machine was developed and delivered by its wholly-owned subsidiary, Battery X Rebalancing Technologies Inc., marking a significant milestone in the company's mission to extend the life and performance of electric vehicle (EV) batteries. In a move to broaden its market reach, Battery X Rebalancing Technologies has expanded its development efforts to include compatibility with the Nissan Leaf—the second most common out-of-warranty EV in the United States. Preliminary rebalancing trials have already been conducted on a Nissan Leaf battery pack acquired from an independent third party, with results expected to demonstrate the technical viability and commercial promise of the rebalancing platform. To further accelerate development, Battery X Rebalancing Technologies signed a non-commercial, collaborative scope of services agreement with Factor E Motors Ltd., a Vancouver-based automotive service centre specializing in out-of-warranty Tesla vehicles. The collaboration will focus on refining the company's rebalancing software and hardware, with initial testing targeting Tesla Model 3 and Model X battery packs currently held by Factor E. Investors and industry stakeholders will get a first-hand look at Prototype 2.0 and the preliminary trial results during the exclusive live investor reveal event on Friday, May 30, 2025, at 2:00 PM Pacific Time. The event will be hosted on-site at Factor E Motors Ltd. in Vancouver, British Columbia, and will showcase the rebalancing machine in action, including its performance on the Nissan Leaf battery pack. Click here for more. Battery X Metals Inc. 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. Battery X Metals stock (CSE:BATX) last traded at $0.37 and has risen 311.11 per cent since the year began and 49.49 per cent since this time last year. Join the discussion: Find out what everybody's saying about this stock on the Battery X Metals Bullboard, and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Associated Press
24-05-2025
- Automotive
- Associated Press
Battery X Metals Advances Development of Next-Generation Battery Rebalancing Technology for the #2 Out-of-Warranty Electric Vehicle in the United States
News Release Highlights: X Metals launches rebalancing development for the #2 best-selling out-of-warranty EV in the U.S. - the Nissan Leaf - with over 114,000 eligible vehicles in the U.S. alone. X Metals initiates hands-on collaboration with Factor E Motors to advance connector port development and validate rebalancing SOPs using real-world Nissan Leaf battery pack. X Metals plans strategic expansion of rebalancing capabilities to additional high-volume EV models approaching or at the end of manufacturer warranty coverage. VANCOUVER, BC / ACCESS Newswire / May 23, 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 release dated May 9, 2025, its wholly-owned subsidiary, Battery X Rebalancing Technologies Inc. ('Battery X Rebalancing Technologies') has expanded the development of its patent-pending lithium-ion battery rebalancing software and hardware system to include the development of functionality for the Nissan Leaf, the second most common out-of-warranty electric vehicle model in the United States. Pioneering Next-Generation Technologies to Support Lithium-Ion Battery Longevity Battery X Rebalancing Technologies is a development-stage technology company at the forefront of the energy transition, supporting the electric vehicle (EV) revolution and developing innovative technologies to extend the lifespan of lithium-ion and EV batteries. Its mission is to extend lithium-ion and EV battery longevity. The expanded functionality development builds on the Company's news release dated May 2, 2025, announcing delivery of Battery X Rebalancing Technologies' second-generation prototype rebalancing machine ('Prototype 2.0"). Prototype 2.0 represents a significant advancement in Battery X Rebalancing Technologies' patent-pending rebalancing technology and introduces a range of enhancements from its predecessor, including advanced diagnostics to assess battery health, patent-pending cell balancing functionality to extend battery life, a compact and user-friendly design for improved field operability, and expanded technical features such as integrated testing tools and connectivity ports developed to support future commercial deployment on multiple EV models. The expanded functionality development also builds on the Company's previously disclosed news release dated May 9, 2025, which announced that Battery X Rebalancing Technologies had entered into a non-commercial, collaborative scope of services agreement (the 'Factor E Agreement') with Factor E Motors Ltd. ('Factor E Motors'), an automobile service centre based in Vancouver, BC, that specializes in servicing out-of-warranty Tesla vehicles. The Factor E Agreement is intended to advance Battery X Rebalancing Technologies' patent-pending lithium-ion battery rebalancing software and hardware capabilities, with an initial focus on Tesla Model 3 and Model X battery packs currently in Factor E Motors' possession. Expanded functionality is being developed using a Nissan Leaf battery pack acquired from an arm's length third party at a value of $1,120. Battery X Rebalancing Technologies will collaborate with Factor E Motors to conduct comprehensive pre- and post-rebalancing diagnostics, assist with the execution of the rebalancing process, and support the development of connector ports, with an initial focus on the Nissan Leaf model. This initiative is intended to refine and validate standard operating procedures (SOPs) for future commercial applications and to further advance Battery X Rebalancing Technologies' proprietary battery rebalancing technologies. 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 2023¹. With cumulative global EV sales from 2015 to 2023 totaling an estimated over 40 million units², a significant share of the global EV fleet is expected to exit warranty coverage over the coming years. By 2031, nearly 40 million electric, plug-in hybrid, and hybrid vehicles worldwide are anticipated to fall outside of their original warranty coverage3,4. 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 requirements5. 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. Significance of the Nissan Leaf in the Out-of-Warranty Electric Vehicle Market The Nissan Leaf holds a significant position in the global electric vehicle market. Since its launch in December 2010, the Leaf has sold more than 650,000 units worldwide6, making it one of the most widely adopted electric vehicles to date. In the United States, the Nissan Leaf was the #2 best-selling plug-in EV between 2010 and 2017, with 114,808 units sold during that period7. Given that the standard EV battery warranty in the U.S. covers at least 8 years or 100,000 miles8, Nissan Leafs sold during that 2010-2017 window will be out of the standard warranty as of 2025. This represents a substantial and growing segment of aging EVs in need of affordable and effective battery rebalancing solutions. Looking ahead, Battery X Rebalancing Technologies plans to expand its battery rebalancing solutions to address both current and future high-volume electric vehicle models in the out-of-warranty market. The Company aims to support models that are already beyond their original warranty coverage, as well as those approaching the warranty threshold in the coming years. This strategic expansion is intended to position Battery X Rebalancing Technologies to serve a broader base of electric vehicle owners and service providers, supporting battery lifespan extension, improved affordability, and circular economy objectives. 1 Rho Motion - Global EV Sales 2024, 2 IEA Global EV Outlook 2024, 3 IEA, 4 U.S. News, 5 Recurrent Auto 6 Nissan Global Newsroom, 7 U.S. Department of Energy, 8 EnergyRight 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 securities laws. These statements relate to the Company's objectives, strategies, and future plans, including the development, validation, and potential commercialization of proprietary software and hardware solutions for lithium-ion battery diagnostics and rebalancing, including the Company's second-generation Prototype 2.0. Specific forward-looking statements include, but are not limited to, statements regarding the expansion of rebalancing capabilities to support Nissan Leaf battery packs, the significance of the Nissan Leaf in the out-of-warranty EV market, the collaborative scope of services agreement with Factor E Motors and the actions undertaken by the parties to the agreement, including development of connector ports and SOPs, anticipated field operability and commercial deployment. Forward-looking statements also relate to the projected growth in the number of out-of-warranty EVs globally, the Company's plans to expand to additional EV battery models approaching or at the end of manufacturer warranty coverage, the ability of Battery X Rebalancing Technologies to deliver more affordable and effective rebalancing solutions to address battery degradation, and the broader goal of supporting battery lifespan extension, cost reduction, and circular economy objectives. These forward-looking statements reflect management's current expectations and assumptions as of the date of this release and are subject to a variety of known and unknown risks, uncertainties, and other factors that could cause actual results, performance, or events to differ materially from those expressed or implied. Such risks and uncertainties include, but are not limited to: the ability of the Company to successfully complete testing and validation of Prototype 2.0; technical challenges or limitations with respect to rebalancing different EV battery platforms; the availability of commercial contracts or customer adoption; failure to achieve commercial scalability; reliance on third-party collaborations such as Factor E Motors; changes in consumer demand or EV adoption trends; regulatory or supply chain disruptions in the battery or electric vehicle sectors; and regulatory, legal, and operational challenges. Battery X Metals assumes no obligation to update or revise any forward-looking statements to reflect events, circumstances, or changes in expectations, except as required by law. Investors are cautioned not to place undue reliance on these forward-looking statements and are encouraged to refer to the Company's public filings on SEDAR+ for further risk disclosures. SOURCE: Battery X Metals press release
Yahoo
24-05-2025
- Automotive
- Yahoo
Battery X Metals Advances Development of Next-Generation Battery Rebalancing Technology for the #2 Out-of-Warranty Electric Vehicle in the United States
News Release Highlights: 1. Battery X Metals launches rebalancing development for the #2 best-selling out-of-warranty EV in the U.S. - the Nissan Leaf - with over 114,000 eligible vehicles in the U.S. alone. 2. Battery X Metals initiates hands-on collaboration with Factor E Motors to advance connector port development and validate rebalancing SOPs using real-world Nissan Leaf battery pack. 3. Battery X Metals plans strategic expansion of rebalancing capabilities to additional high-volume EV models approaching or at the end of manufacturer warranty coverage. VANCOUVER, BC / / May 23, 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 release dated May 9, 2025, its wholly-owned subsidiary, Battery X Rebalancing Technologies Inc. ("Battery X Rebalancing Technologies") has expanded the development of its patent-pending lithium-ion battery rebalancing software and hardware system to include the development of functionality for the Nissan Leaf, the second most common out-of-warranty electric vehicle model in the United States. Pioneering Next-Generation Technologies to Support Lithium-Ion Battery Longevity Battery X Rebalancing Technologies is a development-stage technology company at the forefront of the energy transition, supporting the electric vehicle (EV) revolution and developing innovative technologies to extend the lifespan of lithium-ion and EV batteries. Its mission is to extend lithium-ion and EV battery longevity. The expanded functionality development builds on the Company's news release dated May 2, 2025, announcing delivery of Battery X Rebalancing Technologies' second-generation prototype rebalancing machine ("Prototype 2.0"). Prototype 2.0 represents a significant advancement in Battery X Rebalancing Technologies' patent-pending rebalancing technology and introduces a range of enhancements from its predecessor, including advanced diagnostics to assess battery health, patent-pending cell balancing functionality to extend battery life, a compact and user-friendly design for improved field operability, and expanded technical features such as integrated testing tools and connectivity ports developed to support future commercial deployment on multiple EV models. The expanded functionality development also builds on the Company's previously disclosed news release dated May 9, 2025, which announced that Battery X Rebalancing Technologies had entered into a non-commercial, collaborative scope of services agreement (the "Factor E Agreement") with Factor E Motors Ltd. ("Factor E Motors"), an automobile service centre based in Vancouver, BC, that specializes in servicing out-of-warranty Tesla vehicles. The Factor E Agreement is intended to advance Battery X Rebalancing Technologies' patent-pending lithium-ion battery rebalancing software and hardware capabilities, with an initial focus on Tesla Model 3 and Model X battery packs currently in Factor E Motors' possession. Expanded functionality is being developed using a Nissan Leaf battery pack acquired from an arm's length third party at a value of $1,120. Battery X Rebalancing Technologies will collaborate with Factor E Motors to conduct comprehensive pre- and post-rebalancing diagnostics, assist with the execution of the rebalancing process, and support the development of connector ports, with an initial focus on the Nissan Leaf model. This initiative is intended to refine and validate standard operating procedures (SOPs) for future commercial applications and to further advance Battery X Rebalancing Technologies' proprietary battery rebalancing technologies. 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 2023¹. With cumulative global EV sales from 2015 to 2023 totaling an estimated over 40 million units², a significant share of the global EV fleet is expected to exit warranty coverage over the coming years. By 2031, nearly 40 million electric, plug-in hybrid, and hybrid vehicles worldwide are anticipated to fall outside of their original warranty coverage3,4. 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 requirements5. 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. Significance of the Nissan Leaf in the Out-of-Warranty Electric Vehicle Market The Nissan Leaf holds a significant position in the global electric vehicle market. Since its launch in December 2010, the Leaf has sold more than 650,000 units worldwide6, making it one of the most widely adopted electric vehicles to date. In the United States, the Nissan Leaf was the #2 best-selling plug-in EV between 2010 and 2017, with 114,808 units sold during that period7. Given that the standard EV battery warranty in the U.S. covers at least 8 years or 100,000 miles8, Nissan Leafs sold during that 2010-2017 window will be out of the standard warranty as of 2025. This represents a substantial and growing segment of aging EVs in need of affordable and effective battery rebalancing solutions. Looking ahead, Battery X Rebalancing Technologies plans to expand its battery rebalancing solutions to address both current and future high-volume electric vehicle models in the out-of-warranty market. The Company aims to support models that are already beyond their original warranty coverage, as well as those approaching the warranty threshold in the coming years. This strategic expansion is intended to position Battery X Rebalancing Technologies to serve a broader base of electric vehicle owners and service providers, supporting battery lifespan extension, improved affordability, and circular economy objectives. 1 Rho Motion - Global EV Sales 2024, 2 IEA Global EV Outlook 2024, 3 IEA, 4 U.S. News, 5 Recurrent Auto 6 Nissan Global Newsroom, 7 U.S. Department of Energy, 8 EnergyRight 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 BressiChief Executive OfficerEmail: mbellini@ (604) 741-0444 Disclaimer for Forward-Looking Information This news release contains forward-looking statements within the meaning of applicable securities laws. These statements relate to the Company's objectives, strategies, and future plans, including the development, validation, and potential commercialization of proprietary software and hardware solutions for lithium-ion battery diagnostics and rebalancing, including the Company's second-generation Prototype 2.0. Specific forward-looking statements include, but are not limited to, statements regarding the expansion of rebalancing capabilities to support Nissan Leaf battery packs, the significance of the Nissan Leaf in the out-of-warranty EV market, the collaborative scope of services agreement with Factor E Motors and the actions undertaken by the parties to the agreement, including development of connector ports and SOPs, anticipated field operability and commercial deployment. Forward-looking statements also relate to the projected growth in the number of out-of-warranty EVs globally, the Company's plans to expand to additional EV battery models approaching or at the end of manufacturer warranty coverage, the ability of Battery X Rebalancing Technologies to deliver more affordable and effective rebalancing solutions to address battery degradation, and the broader goal of supporting battery lifespan extension, cost reduction, and circular economy objectives. These forward-looking statements reflect management's current expectations and assumptions as of the date of this release and are subject to a variety of known and unknown risks, uncertainties, and other factors that could cause actual results, performance, or events to differ materially from those expressed or implied. Such risks and uncertainties include, but are not limited to: the ability of the Company to successfully complete testing and validation of Prototype 2.0; technical challenges or limitations with respect to rebalancing different EV battery platforms; the availability of commercial contracts or customer adoption; failure to achieve commercial scalability; reliance on third-party collaborations such as Factor E Motors; changes in consumer demand or EV adoption trends; regulatory or supply chain disruptions in the battery or electric vehicle sectors; and regulatory, legal, and operational challenges. Battery X Metals assumes no obligation to update or revise any forward-looking statements to reflect events, circumstances, or changes in expectations, except as required by law. Investors are cautioned not to place undue reliance on these forward-looking statements and are encouraged to refer to the Company's public filings on SEDAR+ for further risk disclosures. SOURCE: Battery X Metals Inc. View the original press release on ACCESS Newswire
