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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
Associated Press
10-05-2025
- Automotive
- Associated Press
Battery X Metals Announces Partnership to Advance Next-Generation Lithium-Ion Battery Rebalancing on the #1 Selling Electric Vehicle Brand in the United States
News Release Highlights: VANCOUVER, BC / ACCESS Newswire / May 9, 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 its wholly-owned subsidiary, Battery X Rebalancing Technologies Inc. ('Battery X Rebalancing Technologies'), has entered into a collaborative scope of services agreement (the 'Agreement') with Factor E Motors Ltd. ('Factor E Motors'), an independent Tesla dealership based in Vancouver, BC, to advance its patent-pending lithium-ion battery rebalancing software and hardware capabilities. The initial focus will be on Tesla Model 3 and Model X battery packs currently in Factor E Motors possession. Factor E Motors, Vancouver's first independent Tesla dealership, brings industry-leading expertise to the service, repair, and support of Tesla vehicles. Operated by award-winning former Tesla technicians-several of whom have earned top honors at the 'Tesla Technician Olympics"-Factor E Motors provides a high standard of technical excellence and deep familiarity with Tesla systems. Factor E Motors specializes in certified pre-owned Tesla sales, service, and parts, offering a trusted and knowledgeable environment for Tesla owners seeking expert care beyond the manufacturer network. The Agreement builds on the Company's previously disclosed 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, next-generation 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. The Agreement with Factor E Motors is non-commercial in nature and is intended to facilitate the technical validation of Battery X Rebalancing Technologies' patent-pending lithium-ion battery rebalancing processes and its newly delivered second-generation system, Prototype 2.0. Pursuant to the Agreement, Factor E Motors will assist Battery X Rebalancing Technologies with pre-rebalancing diagnostics on selected Tesla battery packs to establish baseline health data, support the execution of rebalancing procedures on Tesla battery packs, and participate in post-rebalancing evaluations to measure performance improvements. These activities are expected to inform the development of standardized operating procedures (SOPs) and further validate the Company's rebalancing capabilities. The parties will also collaborate on developing battery connector port compatibility with Prototype 2.0, with an initial focus on Tesla models. Subject to Factor E Motors' consent, Battery X Rebalancing Technologies will have access to Factor E Motors' facility for the storage of diagnostic and rebalancing equipment and may also conduct additional testing on batteries from other electric vehicle brands. Any expansion of services or inclusion of additional vehicle platforms will require mutual written agreement regarding the scope of work and any associated costs. Notably, there is no financial obligation for either party at this stage of the collaboration. This framework is designed to support rigorous testing, ongoing refinement, and the advancement of Battery X Rebalancing Technologies' technology toward future commercial deployment. 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. 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' system, the discharge capacity was restored to 70.94Ah, representing recovery of 99.4% of the lost capacity. Significance of Tesla to the EV Revolution Tesla has played a transformative role in reshaping the automotive industry and accelerating the global transition to electric vehicles. Since its founding in 2003, Tesla has emerged as one of the most influential EV manufacturers, consistently driving innovation in vehicle design, battery technology, software integration, and charging infrastructure. As of 2024, Tesla remains the top-selling EV brand in the United States, commanding approximately 45% of the market1. Globally, the company delivered 1.81 million vehicles in 2023-a 38% increase year-over-year2. The Tesla Model 3, its mass-market sedan, ranked as the second best-selling EV in the U.S. in 2024 with 15% market share1 and cumulative global sales reaching approximately 2.63 million units by the end of Q3 20243. By 2032, nearly all of these Model 3 vehicles are expected to fall outside their original battery warranty coverage3,4, raising growing concerns around battery degradation, diminished capacity, and expensive replacement costs. 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 requirements4. This emerging challenge underscores the rising demand for solutions that extend battery life, reduce total cost of ownership, and enable a more sustainable EV lifecycle. With millions of Tesla vehicles on the road and a significant portion approaching the end of their battery original manufacturer warranties by 20325, the need for advanced battery diagnostics, rebalancing, and second-life solutions is accelerating. This presents a major opportunity for technologies like those being developed by Battery X Rebalancing Technologies-designed to support battery longevity, optimize performance, and contribute to a more sustainable EV ecosystem. 1 Edmunds, 2 Tesla Inc. 3 CleanTechnica, 4 RecurrentAuto, 5 Tesla Inc. 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 About Factor E Motors Ltd. Factor E Motors is Vancouver's first independent Tesla dealership, specializing in service, parts, and certified pre-owned Tesla sales-all designed to maintain your Tesla warranty. Staffed by award-winning former Tesla technicians, the team brings extensive expertise to ensure your vehicle is serviced correctly the first time. Factor E Motors offers quick turnaround times, competitive pricing with a 15% discount off Tesla's posted labor rates, and personalized customer support to provide peace of mind throughout your Tesla ownership experience. 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 plans, objectives, and expectations with respect to the development and validation of proprietary lithium-ion battery diagnostics and rebalancing technologies. Forward-looking statements in this release include, but are not limited to: the anticipated benefits and technical outcomes of the collaborative agreement with Factor E Motors; the expected application of Prototype 2.0 to Tesla Model 3 and Model X battery packs; the potential to develop standardized operating procedures (SOPs) and connector compatibility with select EV platforms; the ability to expand testing and technology validation to other EV brands; the broader implications of these technologies for battery longevity, EV lifecycle management, and long-term cost reduction for EV owners; the ability of the Company to develop and commercialize technologies to extend the lifespan of lithium-ion and EV batteries; the growth in demand for solutions to extend battery life, reduce total ownership cost, and enable a more sustainable EV lifecycle; and the future demand for advanced battery diagnostics, rebalancing, and second-life solutions. These statements are based on current expectations and assumptions as of the date of this release and are subject to various risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include, but are not limited to: the successful development, validation, and refinement of the Company's rebalancing technologies; the ability to access and utilize suitable Tesla battery packs for testing purposes; technical or safety limitations of rebalancing third-party EV batteries; evolving regulatory requirements and industry standards; future market demand for battery reconditioning or second-life solutions; and the Company's ability to commercialize and scale its technology. There can be no assurance that the partnership with Factor E Motors will result in commercial outcomes, that the Company's technologies will prove technically or economically viable, or that they will be adopted by electric vehicle manufacturers, dealerships, or consumers. Battery X Metals assumes no obligation to update or revise any forward-looking statements to reflect new events or circumstances, except as required by law. Investors are cautioned not to place undue reliance on forward-looking statements and are encouraged to consult the Company's continuous disclosure filings available on SEDAR+ for further risk factors and information. SOURCE: Battery X Metals press release
Yahoo
10-05-2025
- Automotive
- Yahoo
Battery X Metals Announces Partnership to Advance Next-Generation Lithium-Ion Battery Rebalancing on the #1 Selling Electric Vehicle Brand in the United States
News Release Highlights: Battery X Metals partners with Factor E Motors, Vancouver's first independent Tesla dealership, to advance diagnostics and rebalancing technologies for Tesla Model 3 and Model X battery packs. Collaboration leverages award-winning Tesla technicians and infrastructure to validate the Company's next-generation battery rebalancing system and support development of standardized procedures. Strategic initiative aligns with the growing need for battery lifespan extension as Tesla-the #1 EV brand in the U.S.-faces a surge in vehicles approaching the end of their original battery warranty coverage by 2032. VANCOUVER, BC / / May 9, 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 its wholly-owned subsidiary, Battery X Rebalancing Technologies Inc. ("Battery X Rebalancing Technologies"), has entered into a collaborative scope of services agreement (the "Agreement") with Factor E Motors Ltd. ("Factor E Motors"), an independent Tesla dealership based in Vancouver, BC, to advance its patent-pending lithium-ion battery rebalancing software and hardware capabilities. The initial focus will be on Tesla Model 3 and Model X battery packs currently in Factor E Motors possession. Factor E Motors, Vancouver's first independent Tesla dealership, brings industry-leading expertise to the service, repair, and support of Tesla vehicles. Operated by award-winning former Tesla technicians-several of whom have earned top honors at the "Tesla Technician Olympics"-Factor E Motors provides a high standard of technical excellence and deep familiarity with Tesla systems. Factor E Motors specializes in certified pre-owned Tesla sales, service, and parts, offering a trusted and knowledgeable environment for Tesla owners seeking expert care beyond the manufacturer network. The Agreement builds on the Company's previously disclosed 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, next-generation 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. The Agreement with Factor E Motors is non-commercial in nature and is intended to facilitate the technical validation of Battery X Rebalancing Technologies' patent-pending lithium-ion battery rebalancing processes and its newly delivered second-generation system, Prototype 2.0. Pursuant to the Agreement, Factor E Motors will assist Battery X Rebalancing Technologies with pre-rebalancing diagnostics on selected Tesla battery packs to establish baseline health data, support the execution of rebalancing procedures on Tesla battery packs, and participate in post-rebalancing evaluations to measure performance improvements. These activities are expected to inform the development of standardized operating procedures (SOPs) and further validate the Company's rebalancing capabilities. The parties will also collaborate on developing battery connector port compatibility with Prototype 2.0, with an initial focus on Tesla models. Subject to Factor E Motors' consent, Battery X Rebalancing Technologies will have access to Factor E Motors' facility for the storage of diagnostic and rebalancing equipment and may also conduct additional testing on batteries from other electric vehicle brands. Any expansion of services or inclusion of additional vehicle platforms will require mutual written agreement regarding the scope of work and any associated costs. Notably, there is no financial obligation for either party at this stage of the collaboration. This framework is designed to support rigorous testing, ongoing refinement, and the advancement of Battery X Rebalancing Technologies' technology toward future commercial deployment. Pioneering Next-Generation Technologies to Support Lithium-Ion Battery LongevityBattery 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. 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' system, the discharge capacity was restored to 70.94Ah, representing recovery of 99.4% of the lost capacity. Significance of Tesla to the EV RevolutionTesla has played a transformative role in reshaping the automotive industry and accelerating the global transition to electric vehicles. Since its founding in 2003, Tesla has emerged as one of the most influential EV manufacturers, consistently driving innovation in vehicle design, battery technology, software integration, and charging infrastructure. As of 2024, Tesla remains the top-selling EV brand in the United States, commanding approximately 45% of the market1. Globally, the company delivered 1.81 million vehicles in 2023-a 38% increase year-over-year2. The Tesla Model 3, its mass-market sedan, ranked as the second best-selling EV in the U.S. in 2024 with 15% market share1 and cumulative global sales reaching approximately 2.63 million units by the end of Q3 20243. By 2032, nearly all of these Model 3 vehicles are expected to fall outside their original battery warranty coverage3,4, raising growing concerns around battery degradation, diminished capacity, and expensive replacement costs. 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 requirements4. This emerging challenge underscores the rising demand for solutions that extend battery life, reduce total cost of ownership, and enable a more sustainable EV lifecycle. With millions of Tesla vehicles on the road and a significant portion approaching the end of their battery original manufacturer warranties by 20325, the need for advanced battery diagnostics, rebalancing, and second-life solutions is accelerating. This presents a major opportunity for technologies like those being developed by Battery X Rebalancing Technologies-designed to support battery longevity, optimize performance, and contribute to a more sustainable EV ecosystem. 1 Edmunds, 2 Tesla Inc. 3 CleanTechnica, 4 RecurrentAuto, 5 Tesla Inc. About Battery X Metals 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 About Factor E Motors E Motors is Vancouver's first independent Tesla dealership, specializing in service, parts, and certified pre-owned Tesla sales-all designed to maintain your Tesla warranty. Staffed by award-winning former Tesla technicians, the team brings extensive expertise to ensure your vehicle is serviced correctly the first time. Factor E Motors offers quick turnaround times, competitive pricing with a 15% discount off Tesla's posted labor rates, and personalized customer support to provide peace of mind throughout your Tesla ownership experience. 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 InformationThis news release contains forward-looking statements within the meaning of applicable securities laws. These statements relate to the Company's plans, objectives, and expectations with respect to the development and validation of proprietary lithium-ion battery diagnostics and rebalancing technologies. Forward-looking statements in this release include, but are not limited to: the anticipated benefits and technical outcomes of the collaborative agreement with Factor E Motors; the expected application of Prototype 2.0 to Tesla Model 3 and Model X battery packs; the potential to develop standardized operating procedures (SOPs) and connector compatibility with select EV platforms; the ability to expand testing and technology validation to other EV brands; the broader implications of these technologies for battery longevity, EV lifecycle management, and long-term cost reduction for EV owners; the ability of the Company to develop and commercialize technologies to extend the lifespan of lithium-ion and EV batteries; the growth in demand for solutions to extend battery life, reduce total ownership cost, and enable a more sustainable EV lifecycle; and the future demand for advanced battery diagnostics, rebalancing, and second-life solutions. These statements are based on current expectations and assumptions as of the date of this release and are subject to various risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include, but are not limited to: the successful development, validation, and refinement of the Company's rebalancing technologies; the ability to access and utilize suitable Tesla battery packs for testing purposes; technical or safety limitations of rebalancing third-party EV batteries; evolving regulatory requirements and industry standards; future market demand for battery reconditioning or second-life solutions; and the Company's ability to commercialize and scale its technology. There can be no assurance that the partnership with Factor E Motors will result in commercial outcomes, that the Company's technologies will prove technically or economically viable, or that they will be adopted by electric vehicle manufacturers, dealerships, or consumers. Battery X Metals assumes no obligation to update or revise any forward-looking statements to reflect new events or circumstances, except as required by law. Investors are cautioned not to place undue reliance on forward-looking statements and are encouraged to consult the Company's continuous disclosure filings available on SEDAR+ for further 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
