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