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Battery X Metals Achieves Pivotal Milestone with Delivery of Next-Generation Lithium-Ion Battery Rebalancing Machine and Announces Exclusive Live Reveal Event

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Battery X Metals (BATXF) has announced the delivery of Prototype 2.0, its second-generation lithium-ion battery rebalancing machine, marking a significant milestone for its subsidiary Battery X Rebalancing Technologies. The new prototype features advanced diagnostics, next-generation rebalancing technology, and a more compact design, aimed at extending EV battery lifespan and reducing replacement costs.

The company plans to showcase Prototype 2.0 at an exclusive live investor reveal event in May 2025, where they will demonstrate core functions and present their development roadmap. Developed in collaboration with Beijing Pengneng Science & Technology Ltd., the system includes supporting equipment such as a multi-function battery diagnostic device, system interface tablets, a battery pack lift, and insulated tool kits.

Battery X Metals (BATXF) ha annunciato la consegna del Prototype 2.0, la sua macchina di ribilanciamento delle batterie agli ioni di litio di seconda generazione, segnando un traguardo importante per la sua controllata Battery X Rebalancing Technologies. Il nuovo prototipo presenta diagnostica avanzata, tecnologia di ribilanciamento di nuova generazione e un design più compatto, con l'obiettivo di estendere la durata delle batterie per veicoli elettrici e ridurre i costi di sostituzione.

L'azienda prevede di presentare il Prototype 2.0 in un evento esclusivo dal vivo per investitori a maggio 2025, durante il quale dimostrerà le funzioni principali e illustrerà la roadmap di sviluppo. Sviluppato in collaborazione con Beijing Pengneng Science & Technology Ltd., il sistema include apparecchiature di supporto come un dispositivo diagnostico multifunzione per batterie, tablet per l'interfaccia di sistema, un sollevatore per pacchi batteria e kit di strumenti isolati.

Battery X Metals (BATXF) ha anunciado la entrega del Prototype 2.0, su máquina de reequilibrio de baterías de ion de litio de segunda generación, marcando un hito importante para su subsidiaria Battery X Rebalancing Technologies. El nuevo prototipo cuenta con diagnósticos avanzados, tecnología de reequilibrio de próxima generación y un diseño más compacto, con el objetivo de extender la vida útil de las baterías de vehículos eléctricos y reducir los costos de reemplazo.

La compañía planea presentar el Prototype 2.0 en un evento exclusivo en vivo para inversores en mayo de 2025, donde demostrará las funciones principales y presentará su hoja de ruta de desarrollo. Desarrollado en colaboración con Beijing Pengneng Science & Technology Ltd., el sistema incluye equipos de apoyo como un dispositivo diagnóstico multifuncional para baterías, tabletas para la interfaz del sistema, un elevador para paquetes de baterías y juegos de herramientas aisladas.

Battery X Metals (BATXF)는 2세대 리튬 이온 배터리 리밸런싱 기계인 Prototype 2.0의 납품을 발표하며 자회사 Battery X Rebalancing Technologies의 중요한 이정표를 세웠습니다. 새로운 프로토타입은 고급 진단 기능, 차세대 리밸런싱 기술, 더 컴팩트한 디자인을 갖추어 전기차 배터리 수명을 연장하고 교체 비용을 줄이는 것을 목표로 합니다.

회사는 2025년 5월에 개최되는 투자자 전용 라이브 공개 행사에서 Prototype 2.0을 선보일 계획이며, 주요 기능 시연과 개발 로드맵을 발표할 예정입니다. 베이징 펑넝 사이언스 & 테크놀로지(Beijing Pengneng Science & Technology Ltd.)와 협력하여 개발된 이 시스템은 다기능 배터리 진단 장치, 시스템 인터페이스 태블릿, 배터리 팩 리프트, 절연 공구 키트 등의 지원 장비를 포함합니다.

Battery X Metals (BATXF) a annoncé la livraison du Prototype 2.0, sa machine de rééquilibrage de batteries lithium-ion de deuxième génération, marquant une étape importante pour sa filiale Battery X Rebalancing Technologies. Ce nouveau prototype intègre des diagnostics avancés, une technologie de rééquilibrage de nouvelle génération et un design plus compact, visant à prolonger la durée de vie des batteries de véhicules électriques et à réduire les coûts de remplacement.

L'entreprise prévoit de présenter le Prototype 2.0 lors d'un événement exclusif en direct pour investisseurs en mai 2025, où elle démontrera les fonctions principales et présentera sa feuille de route de développement. Développé en collaboration avec Beijing Pengneng Science & Technology Ltd., le système comprend des équipements de soutien tels qu'un dispositif de diagnostic multifonction pour batteries, des tablettes d'interface système, un élévateur de pack batterie et des kits d'outils isolés.

Battery X Metals (BATXF) hat die Auslieferung des Prototype 2.0 angekündigt, seiner zweiten Generation der Lithium-Ionen-Batterie-Ausgleichsmaschine, und damit einen bedeutenden Meilenstein für seine Tochtergesellschaft Battery X Rebalancing Technologies erreicht. Der neue Prototyp verfügt über fortschrittliche Diagnostik, modernste Ausgleichstechnologie und ein kompakteres Design, mit dem Ziel, die Lebensdauer von E-Fahrzeugbatterien zu verlängern und die Austauschkosten zu senken.

Das Unternehmen plant, den Prototype 2.0 im Mai 2025 bei einer exklusiven Live-Präsentation für Investoren vorzustellen, bei der Kernfunktionen demonstriert und der Entwicklungsfahrplan präsentiert werden. In Zusammenarbeit mit Beijing Pengneng Science & Technology Ltd. entwickelt, umfasst das System unterstützende Geräte wie ein multifunktionales Batteriediagnosegerät, System-Interface-Tablets, einen Batteriepakk-Hebevorrichtung und isolierte Werkzeugsets.

Positive
  • Development of next-generation battery rebalancing technology with potential to extend EV battery lifespan
  • Successful delivery of second-generation prototype with improved features and design
  • Patent-pending technology that could provide competitive advantage
  • Strategic partnership with Beijing Pengneng Science & Technology Ltd.
Negative
  • Company still in development stage with no commercial product
  • No revenue generation from battery technology yet
  • Timeline for commercialization remains uncertain
  • Potential competition from established battery technology companies

News Release Highlights:

  1. Battery X Rebalancing Technologies announces the delivery of Prototype 2.0, its second-generation, patent-pending lithium-ion battery rebalancing machine, representing a major advancement in its hardware and software platform.

  2. Prototype 2.0 features advanced diagnostics, next-generation rebalancing technology, a compact and efficient design, and expanded technical capabilities, positioning the Company for future commercialization.

  3. Prototype 2.0 marks the second major milestone for Battery X Rebalancing Technologies in 2025, following the submission of provisional patent applications to the USPTO for its next-generation rebalancing innovations.

  4. Battery X Rebalancing Technologies plans to host an exclusive live investor reveal event in May 2025, and report preliminary results from initial EV battery rebalancing trials.

VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / May 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 its wholly-owned subsidiary, Battery X Rebalancing Technologies Inc. ("Battery X Rebalancing Technologies") has achieved a pivotal milestone with the delivery of its second-generation prototype ("Prototype 2.0") of its patent-pending lithium-ion battery rebalancing machine designed to extend the remaining useful lifespan of electric vehicle (EV) batteries and reduce the need for costly battery replacements for EV owners.

To showcase this significant advancement, Battery X Rebalancing Technologies plans to unveil Prototype 2.0, its most advanced lithium-ion battery rebalancing system to date, during an exclusive live investor reveal event (the "Live Reveal Event"), anticipated to take place on a date to be determined in May 2025. The Live Reveal Event is intended to provide shareholders and stakeholders with a first look at Prototype 2.0, including a demonstration of core functions, behind-the-scenes development footage, and insights into Battery X Rebalancing's patent-pending battery rebalancing technology, development roadmap, anticipated commercialization readiness, and future go-to-market strategy.

Visionary Technologies Aimed to Advance the Energy Transition

Battery X Rebalancing Technologies is a development-stage technology company, at the forefront of the energy transition, supporting the electric vehicle revolution and developing innovative technologies to extend the lifespan of lithium-ion and EV batteries. Its mission is to extend lithium-ion battery longevity.

Further to the Company's news release dated September 27, 2024, the Company, in collaboration with its development partner Beijing Pengneng Science & Technology Ltd., has completed and received delivery of Prototype 2.0, a second-generation prototype of its patent-pending lithium-ion battery rebalancing machine, which incorporates significant refinements and updates to the original prototype, including updated dimensions, optimized weight, and additional related equipment.

In addition to its patent-pending rebalancing software and hardware system, Prototype 2.0 is accompanied by a comprehensive set of supporting equipment, including a multi-function battery diagnostic device, tablets for system interfacing, a battery pack lift, and insulated tool kits.

About Prototype 2.0

Prototype 2.0 represents the culmination of several years of research and development and is designed to integrate advanced hardware and software capabilities that diagnose battery issues and optimize the performance of lithium-ion and EV batteries. The system is intended to deliver:

  • Advanced State-of-Health Diagnostic Modules
Designed to assess the maximum available capacity of EV battery cells and further enable the repurposing of used EV battery cells into second-life battery applications.

  • Next-Generation Rebalancing Technology
Aimed at restoring balance between individual cells, extending operational life, and optimizing energy output across the battery pack.

  • Enhanced Design and User Interface
Featuring a more compact and efficient footprint, improved aesthetics aligned with future brand guidelines, and upgraded user-friendliness for field operability.

  • Expanded Technical Capabilities
Incorporating deciphering tools, airtightness testing modules, connectivity ports, and other enhancements designed to meet future commercial readiness standards.

Prototype 2.0 marks a significant milestone toward solidifying its position in the market as a leading authority in lithium-ion and EV battery rebalancing and lifespan extension. Battery X Rebalancing Technologies' patent-pending rebalancing technology-validated by the National Research Council of Canada ("NRC"), as further described below-reinforces the company's commitment to delivering real-world solutions that support battery longevity and sustainability.

The delivery of Prototype 2.0 is the second significant milestone in Battery X Rebalancing Technologies' product development journey in 2025. Further to the Company's news release dated April 11, 2025, Battery X Rebalancing Technologies has submitted an application for provisional patent filings with the United States Patent and Trademark Office ("USPTO") for its next-generation battery rebalancing software and hardware technology innovations.

Planned Next Steps

Battery X Rebalancing Technologies' next steps include rigorous testing to validate optimal performance and compatibility across a variety of EV battery makes and models. Battery X Rebalancing Technologies plans to provide feedback to its development partner for ongoing refinements, with the goal of delivering a commercial-ready unit by Q4 2025. Further iterations may be necessary based on in-situ testing outcomes.

Battery X Rebalancing Technologies intends to provide further updates on its testing initiatives, development progress, and strategic advancements in future announcements as it advances its patent-pending technologies to support the long-term growth of the EV industry.

Battery X Rebalancing Technologies remains focused on advancing its patent-pending hardware and software technologies to deliver innovative, sustainable solutions that extend battery life, support the long-term growth of the EV industry, and meet the growing demand for battery rebalancing and lifespan extension.

Live Reveal Event and Prototype 2.0 Demonstration

At a date to be determined in May 2025, Battery X Rebalancing Technologies plans to host the Live Reveal Event, featuring the official unveiling of Prototype 2.0 and report preliminary results (the "Results") from initial rebalancing trials conducted on real-world, imbalanced EV battery packs. These trials are a critical step in validating the rebalancing systems compatibility across a range of EV battery configurations, brands, and chemistries-particularly those found in high-volume electric vehicle models nearing or at the end of their manufacturer warranties. The Results are expected to demonstrate the rebalancing capabilities and commercial potential of the company's patent-pending rebalancing technology.

By successfully rebalancing aging battery packs across diverse EV platforms, as may be demonstrated by the Results, Battery X Rebalancing Technologies aims to lead the emergence of a new market segment focused on extending battery lifespan, improving performance, and reducing the need for costly replacements-signaling a transformative step toward a more sustainable electric mobility future.

Further details, including the confirmed event date and registration link, will be provided in a subsequent news release ahead of the Live Reveal Event.

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 units,² 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 becoming increasingly urgent.

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 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.

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 Rho Motion - Global EV Sales 2024, 2 IEA Global EV Outlook 2024, 3 IEA, 4 U.S. News, 5 Recurrent Auto

About Battery X Metals Inc.

Battery X Metals Inc. (CSE:BATX) (OTCQB:BATXF) (FSE:5YW, WKN:A40X9W) is an energy transition resource exploration and technology company committed to advancing domestic battery and critical 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 batteryxmetals.com.

On Behalf of the Board of Directors

Massimo Bellini Bressi, Director

For further information, please contact:

Massimo Bellini Bressi
Chief Executive Officer
Email: mbellini@batteryxmetals.com
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, testing, commercialization, and potential market adoption of its lithium-ion battery rebalancing technologies. Specific forward-looking statements in this release include, but are not limited to, statements regarding the performance, capabilities, and development timeline and unveiling of Prototype 2.0; Battery X Rebalancing Technologies' intention to unveil Prototype 2.0 during the Live Reveal Event;the anticipated timing, format, and content of the Live Reveal Event;the planned demonstration of core functions of Prototype 2.0, including behind-the-scenes development footage and insights into Battery X Rebalancing's patent-pending technology, development roadmap, anticipated commercialization readiness, and future go-to-market strategy;the expectation to present preliminary results from initial rebalancing trials conducted on real-world, imbalanced EV battery packs;the ability of these trials to validate the compatibility of the rebalancing system across multiple EV battery configurations, brands, and chemistries;the Company's intention to issue a subsequent news release providing the confirmed date and registration link for the Live Reveal Event; the anticipated testing, refinements, and commercialization efforts for Prototype 2.0; the Company's ability to advance its patent-pending technologies; the Company's broader business strategy, including its integrated approach to battery lifespan extension and sustainable solutions for the EV industry; the ability of the Company's proprietary technology to diagnose, rebalance, and extend the operational life of lithium-ion and EV batteries; and statements regarding the growth of the EV market and the anticipated number of vehicles that will be out of warranty by 2031. Factors that could cause actual results to differ materially include, but are not limited to: the ability of the Company and its development partners to complete testing and refinements as planned; the ability to host the Live Reveal Event as scheduled and deliver the content as intended; the readiness of Prototype 2.0 for demonstration; the accuracy and reliability of preliminary rebalancing trial results; the performance, reliability, and scalability of the Company's technologies in real-world applications; risks associated with the protection of intellectual property and patent applications; availability and retention of technical and management expertise; availability of financing on acceptable terms; regulatory approvals and changes to applicable laws; risks related to market acceptance of battery rebalancing solutions; competition; general economic and market conditions; and other risks disclosed in the Company's public disclosure documents. Forward-looking statements are based on the beliefs, assumptions, and expectations of management at the time they are made, including assumptions regarding the Company's ability to execute on its development and commercialization plans, the performance of its technologies, the expected growth in the EV market, and future market demand for EV battery life extension technologies. The Company does not undertake any obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable law. 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+ (www.sedarplus.ca) for further risk factors and information.

SOURCE: Battery X Metals



View the original press release on ACCESS Newswire

FAQ

What is Battery X Metals' (BATXF) new Prototype 2.0 battery rebalancing machine?

Prototype 2.0 is Battery X Metals' second-generation lithium-ion battery rebalancing machine, featuring advanced diagnostics and improved design, aimed at extending EV battery lifespan and reducing replacement costs.

When will Battery X Metals (BATXF) showcase its new battery technology?

The company plans to host an exclusive live investor reveal event in May 2025 to demonstrate Prototype 2.0's core functions and present their development roadmap.

What are the key features of BATXF's Prototype 2.0 battery system?

The system includes a multi-function battery diagnostic device, system interface tablets, a battery pack lift, insulated tool kits, and features optimized weight and dimensions compared to the original prototype.

Who is Battery X Metals' development partner for the battery rebalancing technology?

Battery X Metals developed Prototype 2.0 in collaboration with Beijing Pengneng Science & Technology Ltd.

What is the current development stage of Battery X Metals' (BATXF) battery technology?

The company is still in the development stage, with patent-pending technology and no commercial product yet available.
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