Battery X Metals Completes First-Generation Proprietary Battery Adaptor for Tesla Model 3 and Model Y, Marking a Significant Commercial Readiness Milestone for its Patent-Pending Lithium-Ion Battery Rebalancing Platform
Battery X Metals Completes First-Generation Proprietary Battery Adaptor for
Tesla Model 3 and Model Y, Marking a Significant Commercial Readiness
Milestone for its Patent-Pending Lithium-Ion Battery Rebalancing Platform
News Release Highlights:
1. Battery X Metals has successfully completed a first-generation proprietary Tesla Model 3 and Model
Y battery adaptor working prototype, marking a si gnificant commercial readiness milestone for its
patent-pending lithium-ion battery rebalancing platform. The Tesla Model 3 and Model Y represent
one of the world's largest installed electric vehicle platforms and collectively account for more than
half of the U.S. electric vehicle market, with the Model Y representing approximately 34.2% of U.S.
EV sales and the Model 3 approximately 20.2%, reinforcing the strategic importance of compatibility
with these battery architectures
2. The engineering validation program successfully confirmed the Tesla Adaptor's proprietary interface
architecture, including mechanical fitment, dimensional accuracy, electrical interface alignment and
standardized battery pack connectivity. Management believes this establishes a repeatable
engineering framework to support future proprietary adaptor development across additional high-
volume electric vehicle battery platforms.
3. Battery X Metals has commenced the next phase of development focused on advancing the Tesla
Adaptor toward a production-oriented commercial prod uct. As part of this initiative, the Company
has acquired a Tesla Model 3 battery pack for de dicated research and development, engineering
validation and working prototype testing while continuing to expand compatibility across additional
high-volume electric vehicle battery platforms.
VANCOUVER, British Columbia – July 15, 2026 – Battery X Metals Inc. (CSE:BATX) (OTCQB:BATXF)
(FSE:5YW0, WKN:A41RJF) (“Battery X Metals ” or the “ Company”) an energy transition resource
exploration and technology company, announces that, further to its news release dated January 2, 2026,
the Company's wholly-owned subsidiary, Battery X Rebalancing Technologies Inc. ("Battery X Rebalancing
Technologies"), together with its strategic lithium-ion battery rebalancing hardware and software
development partner, Beijing Pengneng Science & Technology Ltd. (" BJPN"), has successfully completed
development of a first-generation proprietary Tesla Model 3 and Model Y battery adaptor working
prototype (the "Tesla Adaptor").
Development of the First-Generation Tesla Adaptor
Building upon the Company's Tesla battery interface char acterization program, as previously disclosed in
its news release dated January 2, 2026, Battery X Rebalanc ing Technologies, in collaboration with BJPN,
successfully developed the first-generation Tesla Ad aptor working prototype. The prototype represents
the initial physical implementation of the Company's proprietary digital engineering model, designed to
establish a standardized interface with Tesla Model 3 and Model Y battery platforms.
The first-generation Tesla Adaptor was developed as an engineering validation prototype rather than a
commercial production unit. This phase was undertaken to validate the Company's proprietary interface
architecture by demonstrating that its digital engineering design could be successfully translated into a
functional physical assembly capable of reliably interfacing with Tesla battery systems.
The successful completion of this development milestone confirmed key engineering objectives, including
mechanical fitment, dimensional ac curacy, electrical interface alignm ent, and standardized connectivity
with Tesla battery packs. Collectively, these achievements validate the foundational interface architecture
and establish an important engineering platform for the continued development, optimization, and future
commercialization of the Company's battery rebalancing ecosystem.
Commercial Significance
The Tesla Model 3 and Model Y collectively represent one of the largest and most strategically significant
electric vehicle platforms globally. Tesla is expected to surpass 10 million cumulative global vehicle sales
during the third quarter of 2026. 1 Of these cumulative deliveries, the Tesla Model 3 is estimated to
account for approximately 3.50 million vehicles, wh ile the Tesla Model Y is estimated to account for
approximately 5.39 million vehicles.1 Together, the Tesla Model 3 and Model Y are estimated to represent
approximately 8.89 million cumulative vehicle sale s, accounting for approximately 89% of Tesla’s
expected cumulative global deliveries.2
Tesla continues to be the leading electric vehicl e manufacturer in the United States, accounting for
approximately 59.7% of the U.S. electric vehicle market as of January 2026.3 Within that market, the Tesla
Model Y represents approximately 34.2% of all U.S. EV sales, while the Tesla Model 3 represents
approximately 20.2%, collectively accounting for more than half of the U.S. electric vehicle market. 3
Management believes focusing commercialization e fforts on battery architectures supporting these
market-leading vehicles positions the Company's battery rebalancing platform to address one of the
largest installed electric vehicle populations in North America.3
Battery X Metals believes compatibility with thes e high-volume battery architectures represents a
significant commercial readiness milestone in the Co mpany’s broader multi-platform commercialization
strategy, supporting the expansion of its patent-pen ding lithium-ion battery rebalancing platform across
one of the world’s largest installed electric vehicle populations.
Through the development of prop rietary adaptor solutions for le ading electric vehicle battery
architectures, the Company intends to establish a scalable compatibility ecosystem capable of supporting
deployment across automotive service centres, de alership networks, fleet operators, and other
commercial customers. The first-generation Tesla Adaptor represents a foundational milestone in
executing this strategy, enabling standardized inte gration with one of the industry's largest battery
platforms while expanding the addressable market for the Company's battery diagnostics, rebalancing,
and battery lifespan extension technologies.
As millions of electric vehicles transition beyond their original battery warranty coverage, the Company
believes demand for technologies that restore usab le battery capacity, extend battery lifespan, and
reduce total cost of ownership will continue to in crease. By expanding compatibility across high-volume
electric vehicle battery architectures, Battery X Metals believes it is well positioned to participate in the
rapidly emerging battery lifecycle management market.
Next Steps
With completion of the foundational engineering validation phase, the Company has commenced the next
stage of development focused on advancing the Tesla Adaptor toward a production-oriented commercial
product. Future development activities are expected to include continued engineering optimization,
industrial design refinement, material selection, manu facturability, durability enhancement, commercial
product integration and ongoing interface validation to further optimize repeatability, reliability and
compatibility across Tesla Model 3 and Model Y battery platforms.
The Company intends to continue expanding its pr oprietary adaptor portfolio and multi-platform
compatibility across additional high-volume electric vehi cle battery architectures as part of its long-term
commercialization strategy. Manageme nt believes this systematic de velopment approach strengthens
the technical infrastructure supporting broader depl oyment of its patent-pending lithium-ion battery
rebalancing platform while expanding its commercial applicability and serviceable addressable market.
As part of its next phase of development, the Co mpany acquired a Tesla Model 3 battery pack from an
arm's length third party for $500, plus applicable GST, for dedicated research and development purposes.
The battery pack will be used to further refine the commercial version of the Company's proprietary Tesla
Adaptor, conduct additional engineering validat ion, and perform working prototype testing under
representative operating conditions. Management belie ves this in-house testing capability will support
continued product optimization and accelerate deve lopment toward a production-oriented commercial
product.
As part of its broader commercialization strategy, the Company intends to continue advancing its patent-
pending lithium-ion battery rebalancing platform through additional software and hardware
enhancements, engineering validation, product op timization and Underwriters Laboratories (" UL")
certification. Development of the Tesla Adaptor is also expected to continue through additional hardware
refinement, engineering validation and UL certification. The Company is currently evaluating the scope,
timing and anticipated costs associated with these commercialization activities, including engineering,
certification, manufacturing readiness and go-to-mark et initiatives. Commercialization of both the
Company's battery rebalancing platform and the Tesla Adaptor remains subject to the completion of these
development activities, receipt of UL certification, manufacturing readiness, execution of go-to-market
initiatives, the availability of adequate capital resources and other customary commercialization
requirements.
The Problem: Rising EV Adoption Presents New Battery Lifecycle Challenges
In 2024, global EV sales reached approximately 17.1 million units, representing a 25% increase from 2023.4
With cumulative global EV sales from 2015 to 2023 totaling an estimate d over 40 million units, 5 a
significant share of the global EV fleet is expected to exit warranty coverage over the coming years. 6,7
By 2031, nearly 40 million electric, plug-in hybrid, and hybrid vehicles worldwide are anticipated to fall
outside of their original warranty coverage.6,7 This projection is based on current EV adoption figures and
standard industry warranty terms, and underscores a growing risk for EV owners facing battery
degradation, reduced capacity, and costly replacement requirements.8 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 expe rience 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, representing a decrease of
approximately 35%. Following rebalancing using Ba ttery X Rebalancing Technologies’ rebalancing
technology, the battery module’s discharge capacity was restored to 70.94Ah, representing the recovery
of approximately 99% of the capacity lost due to cell imbalance.
These advancements establish Battery X Rebalancing Tech nologies as a participant in lithium-ion and EV
battery solutions, aiming to tackle the critical ch allenges 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 CleanTechnica, 2 Calculated by the Company based on estimated cumulative Tesla Model 3 and Model Y sales published by CleanTechnica, 3 Edmunds, 4 Rho Motion
– Global EV Sales 2024, 5 IEA Global EV Outlook 2024, 6 IEA, 7 U.S. News, 8 Recurrent Auto
About Battery X Metals Inc.
Battery X Metals (CSE:BATX) (OTCQB :BATXF) (FSE:5YW0, WKN: A41RJF) is an energy transition resource
exploration and technology company committed to advancing domestic batte ry and critical metal
resource exploration and developing next-generation proprietary technologies. Taking a diversified, 360°
approach to the battery metals industry, the Compan y 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) 694-9823
Disclaimer for Forward-Looking Information
This news release contains forward-looking statements within the meaning of applicable securities laws.
Forward-looking statements in this release rela te to, among other things: the Company's business
objectives, strategies and future plans relating to the continued development, optimization, refinement,
engineering validation, manufacturing readiness and commercialization of its patent-pending lithium-ion
battery rebalancing platform and proprietary batte ry adaptor technology; the significance of the
successful completion of the firs t-generation proprietary Tesla Model 3 and Model Y battery adaptor
working prototype; the anticipated benefits, commer cial significance and scalability of the Company's
proprietary battery adaptor architecture and multi- platform commercialization strategy; the continued
development, validation, refinement, certificatio n and commercialization of the Tesla Adaptor and
additional proprietary battery adaptors for other electric vehicle battery platforms; the Company's ability
to expand compatibility across additional high-volume electric vehicle battery architectures; the
anticipated benefits of compatibility expansion acti vities; the commercial app licability and serviceable
addressable market of the Company's battery lifecyc le management technologies; the advancement of
the Tesla Adaptor toward a production-oriented comme rcial product; the anticipated benefits of the
Company's research and development activities, including engineering validation and working prototype
testing utilizing the Tesla Model 3 battery pack; the evaluation of the scope, timing and anticipated costs
associated with future commercializat ion activities, including engineering, certification, UL certification,
manufacturing readiness, regulatory approvals and go-to-market initiatives; the anticipated growth of the
out-of-warranty electric vehicle market; the expected demand for battery diagnostics, battery rebalancing
and battery lifespan extension tec hnologies; the Company's ability to obtain, maintain and protect
intellectual property rights relating to its propriet ary and patent-pending technologies; the anticipated
commercial performance, customer adoption and market acceptance of the Company's technologies; and
the Company's broader commercialization strategy and participation in the battery lifecycle management
market. Forward-looking statements are based on management's current expectations, estimates,
assumptions and projections that are believed to be re asonable as of the date of this news release,
including assumptions regarding the continued advancement of product development activities; the
successful engineering optimization, validation, refi nement, certification and commercialization of the
Tesla Adaptor and future proprietary battery adaptors; the successful completion of research and
development and engineering validation activities; the successful expansion of compatibility across
additional electric vehicle battery platforms; the completion of UL certification and other required
regulatory or commercial approvals; the continued cooperation of third-party development partners,
manufacturers, suppliers and service providers; the continued growth of electric vehicle adoption and the
out-of-warranty electric vehicle market; the continue d availability and reliability of third-party market
data and industry information referenced herein ; the anticipated demand for battery lifecycle
management solutions; the Company's ability to ob tain, maintain and enforce intellectual property
protection for its proprietary technologies; the availa bility of adequate capital and other resources to
complete commercialization activities; and the Comp any's ability to execute its commercialization
strategy. However, forward-looking statements are inherently 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 forward-looking statements. These risks and
uncertainties include, but are not limited to: tech nical, engineering, manufacturing or operational
challenges; delays or failures in the continued deve lopment, refinement, validation, certification or
commercialization of the Tesla Adap tor, the Company's battery rebalancing platform or additional
proprietary battery adaptors; the possibility that engineering validation activities or prototype testing may
not be replicated in future testing, production environments or commercial applications, and that
successful prototype validation may not result in a co mmercially viable product; challenges associated
with expanding compatibility across additional electric vehicle battery platforms; changes in electric
vehicle technologies, battery architectures, communi cation protocols, batter y chemistries, firmware,
software, industry standards or competitive condition s, including changes to Tesla battery systems that
may require additional engineering, redesign or validation; delays in obtaining UL certification or other
regulatory or commercial approvals, achieving ma nufacturing readiness, executing go-to-market
initiatives, commencing commercial production or ac hieving customer adoption or market acceptance;
reliance on third-party development partners, manufa cturers, suppliers and service providers; risks
relating to the protection, maintenance, enforcement or validity of the Company's intellectual property
rights and patent-pending technologies; the possibility that third-party market data or industry estimates
referenced herein may change or be revised; financing, regulatory, legal and intellectual property risks;
the availability of adequate capital resources to complete commercialization activities; general economic,
market and geopolitical conditions; and othe r risks associated with the development and
commercialization of emerging clean technologies. There can be no assurance that the Company's battery
rebalancing platform or the Tesla Adaptor will succ essfully progress beyond engineering validation to
commercial production, that anticipated commercialization milestones or timelines, including completion
of development activities, certification, manufacturing readiness, regulatory approvals or go-to-market
initiatives, will be achieved, that compatibility with additional battery platforms will be successfully
developed or commercialized, that the Company's technologies will achieve commercial performance,
customer adoption or market acceptance, that adequate capital resources will be available to complete
commercialization activities, or that the Company will successfully commercialize or achieve widespread
adoption of its battery rebalancing platform or pr oprietary battery adaptor technologies. Except as
required by applicable securities laws, the Company undertakes no obligation to update or revise any
forward-looking information to reflect new informat ion, future events or otherwise. Readers are
cautioned not to place undue reliance on forward-looking statements and are encouraged to consult the
Company's continuous disclosure filings available under its profile on SEDAR+ for additional risk factors
and further information.