Battery X Metals Successfully Validates Next-Generation Battery Rebalancing Machine on Light-Duty Electric Vehicle Model that Exhibited Significant Real- World Cell-Imbalance-Related Capacity Degradation, Achieving 100% Imbalance Recovery and 38% of Rated
Battery X Metals Successfully Validates Next-Generation Battery Rebalancing
Machine on Light-Duty Electric Vehicle Model that Exhibited Significant Real-
World Cell-Imbalance-Related Capacity Degradation, Achieving 100% Imbalance
Recovery and 38% of Rated Capacity Restored in Preliminary Trial
News Release Highlights:
1. Battery X Rebalancing Technologies successfully validates its next-generation battery rebalancing
machine on a commercial electric truck battery that had experienced significant real-world
imbalance, expanding functionality to include a Class 3 light-duty EV model.
2. Prototype 2.0 achieved 100% recovery of imbalance-related capacity loss and a 37.7% increase of
the rated capacity, underscoring the machine’s effectiveness on a significantly imbalanced battery
pack.
3. Successful trial conducted on a significantly imbalanced battery pack provided by an authorized
Canadian distributor of the electric truck, highlighting market interest and broader demand for
cost-effective solutions to restore electric vehicle battery capacity and avoid costly full-pack
replacements.
VANCOUVER, British Columbia – June 6, 2025 – Battery X Metals Inc.
(CSE:BATX)(OTCQB:BATXF)(FSE:5YW, WKN:A40X9W) (“Battery X Metals” or the “Company”) an energy
transition resource exploration and technology company, announces that further to its news releases
dated May 9, 2025, May 23, 2025, and May 30, 2025, its wholly-owned subsidiary, Battery X Rebalancing
Technologies Inc. (“ Battery X Rebalancing Technologies ”), has expanded the functionality of its next-
generation lithium-ion battery rebalancing hardware and software platform to include a fully electric,
Class 3 commercial electric vehicle, or light-duty electric vehicle (the “ Electric Truck”), and has achieved
successful preliminary trial results (the “ Trial”) on an 144-battery cell Electric Truck battery pack which
had exhibited significant natural imbalance caused by real-world conditions, demonstrating 100%
recovery of a naturally occurring imbalance-related capacity loss, and a 37.7% increase of the Rated
Capacity (as defined herein) of the Electric Truck’s battery pack, composed of lithium nickel manganese
cobalt oxide (NMC) materials (the “Electric Truck Battery Pack”).
The Trial results (the “ Results”) were performed using Battery X Rebalancing Technologies’ second-
generation, patent-pending battery rebalancing machine (“ Prototype 2.0”) on the Electric Truck Battery
Pack. The Electric Truck Battery Pack has been assessed to have a rated full capacity of 176 ampere-hours
(Ah) (the “Rated Capacity”), as specified on the nameplate affixed to the Electric Truck Battery Pack.
Initially, the Electric Truck Battery Pack was fully charged using a J1772 (Type 1) AC charging port,
delivering 40 amperes (A) of current. This Level 2 AC charging step, consistent with North American EV
standards¹, was managed by the vehicle’s onboard systems. Once the dashboard displayed a 100 percent
state of charge and the charger application indicated the vehicle was no longer requesting current,
Prototype 2.0 initiated its patent-pending battery rebalancing process. A rebalancing current between 0
2
and 3 amperes was then individually applied to each of the battery cells, charging them simultaneously to
a target voltage of 4.20 volts (the “Voltage Target”). The Voltage Target falls within the standard operating
range for NMC lithium-ion cells (3.0V to 4.20V), with 4.20V commonly recognized as full capacity in the
industry².
The Results show that 66.3 Ah of capacity, previously lost due to battery-cell imbalance, was successfully
restored on the Electric Truck Battery Pack. This represents approximately 37.7 percent of the Rated
Capacity of the unbalanced Electric Truck Battery Pack.
The restored capacity corresponds to the full theoretical rebalancing potential based on achieving the
Voltage Target across all cells and reflects complete recovery of the significant imbalance identified. These
results were validated using Prototype 2.0’s integrated software feature, which measures ampere-hour
capacity restored through rebalancing on a per-cell basis. The software also identified the maximum
individual cell discrepancy to be 66.3 Ah, relative to the Rated Capacity.
Battery X Rebalancing Technologies interprets these Results as confirmation of Prototype 2.0’s ability to
recover significant imbalance-induced battery-cell capacity loss through precise voltage alignment and
active cell-level rebalancing.
The expanded functionality development for the Electric Truck builds on a series of prior advancements
by Battery X Rebalancing Technologies, as disclosed in the Company’s news release dated May 9, 2025,
which announced that Battery X Rebalancing Technologies had entered into a non-commercial,
collaborative scope of services agreement (the “ Factor E Agreement ”) with Factor E Motors Ltd., a
Vancouver-based automotive service centre specializing in out-of-warranty Tesla vehicles. The Factor E
Agreement is intended to support the continued development of Prototype 2.0, with an initial focus on
Tesla Model 3 and Model X battery packs currently held by Factor E Motors.
This progress was further advanced, as disclosed the Company’s news releases dated May 23, 2025, and
May 30, 2025, which announced the expansion of Prototype 2.0’s development to include Nissan Leaf
battery packs and confirmed the successful rebalancing of a naturally imbalanced Nissan Leaf battery
pack. This achievement marked a key milestone in validating Prototype 2.0’s compatibility with the #2
most common out-of-warranty electric vehicle model in the United States.
Together, these initiatives underscore Battery X Rebalancing Technologies’ commitment to
demonstrating the adaptability of its technology across multiple real-world electric vehicle platforms and
highlight the increasing demand for practical, cost-effective battery reconditioning solutions.
Results
Trial Parameter Value / Description
Rated Capacity of Battery Pack 176.00 ampere-hours (Ah)
Capacity Restored Through Rebalancing 66.3 ampere-hours (Ah)
Capacity Restored of Rated Capacity as Percentage (%) 37.7%
Imbalance-Related Capacity Recovery 100%
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Significance of Results & Market Opportunity for the Electric Truck
The Results of the Trial demonstrate that Prototype 2.0 is capable of effectively rebalancing lithium-ion
battery packs exhibiting significant, naturally occurring battery cell imbalance. This successful outcome
builds upon prior validation of Battery X Rebalancing Technologies’ patent-pending rebalancing
technology, including independent validation by the National Research Council of Canada (as detailed
below), and the Company’s previously disclosed news release dated May 30, 2025 announcing successful
rebalancing of naturally imbalanced Nissan Leaf battery pack, the #2 most common out-of-warranty
electric vehicle model in the United States.
Importantly, the Results not only confirm the technical functionality of Prototype 2.0 in a real-world
electric vehicle platform, but also highlight its potential to restore substantial lost capacity—an outcome
that supports the growing demand for practical, cost-effective battery recovery solutions. The Electric
Truck Trial reinforces the relevance of Battery X Rebalancing Technologies’ patent-pending Prototype 2.0
in real-world environments and signals a broader opportunity to extend the useful lifespan of aging
electric vehicle battery packs.
The Electric Truck and Electric Truck Battery Pack were provided at no cost to Battery X Rebalancing
Technologies for testing and validation by an authorized Canadian distributor of the Electric Truck
(the “Distributor”), who advised that it owns a fleet of approximately 20 Electric Trucks (the “ Electric
Truck Fleet”). Several vehicles within this fleet have reportedly experienced significant capacity
degradation due to battery cell imbalance. The expanded functionality development and subsequent Trial
were initiated in response to the Distributor’s interest in identifying a viable alternative to full battery
replacement, which it noted could be prohibitively expensive.
The objective of the Trial was to assess whether Prototype 2.0 could successfully rebalance a battery pack
from the Electric Truck Fleet. The positive Results are expected to inform ongoing discussions with the
Distributor regarding the potential deployment of Prototype 2.0 across its broader fleet to restore and
extend battery life while mitigating potentially costly battery replacements.
Further, the Company has been advised by the Distributor that approximately 700 Electric Trucks are
currently deployed across Canada, owned by a combination of the Electric Truck’s parent company,
authorized dealers, commercial fleet operators, and private fleet owners. According to the Distributor,
many of these vehicles have encountered similar battery pack capacity degradation attributed to battery
cell imbalance. This highlights a market opportunity for Battery X Rebalancing Technologies to provide a
cost-effective rebalancing solution for electric vehicle owners seeking to avoid premature battery
replacement.
In parallel with these developments, Battery X Rebalancing Technologies is advancing the implementation
of standardized operating procedures (SOPs) for rebalancing the Electric Truck Battery Pack, along with
user interface and workflow optimizations for Prototype 2.0. Battery X Rebalancing Technologies is also
progressing efforts to formalize a commercial manufacturing agreement to support scalable production
and deployment capabilities. These initiatives are part of a broader commercialization strategy and are
not limited to any single third-party opportunity, with the exception of the Electric Truck-specific SOPs,
which are being developed in direct response to the potential opportunity identified through the Trial.
There can be no assurance that Battery X Rebalancing Technologies will establish commercial
arrangements with any third party at this time. While the Company is encouraged by the progress to date
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and the evident market need, any future commercial arrangement remains subject to further validation,
negotiation, and operational readiness.
The Problem: Rising EV Adoption Presents New Battery Lifecycle Challenges
In 2024, global EV sales reached approximately 17.1 million units, representing a 25% increase from 20233.
With cumulative global EV sales from 2015 to 2023 totaling an estimated over 40 million units 4, a
significant share of the global EV fleet is expected to exit warranty coverage over the coming years.
By 2031, nearly 40 million electric, plug-in hybrid, and hybrid vehicles worldwide are anticipated to fall
outside of their original warranty coverage5,6. This projection is based on current EV adoption figures and
standard industry warranty terms, and underscores a growing risk for EV owners facing battery
degradation, reduced capacity, and costly replacement requirements7. As the global EV fleet continues to
expand, the demand for technologies that extend battery life, reduce long-term ownership costs, and
support a sustainable transition to electric mobility is increasing.
The Solution: Pioneering Next-Generation Technologies to Support Lithium-Ion Battery Longevity
Battery X Rebalancing Technologies’ proprietary software and hardware technology aims to address this
challenge by extending the lifespan of EV batteries. This innovation is being developed with the aim to
enhance the sustainability of electric transportation and the goal to provide EV owners with a more cost-
effective, environmentally friendly ownership experience by reducing the need for costly battery
replacements.
Battery X Rebalancing Technologies’ rebalancing technology, validated by the National Research Council
of Canada (“NRC”), focuses on battery cell rebalancing. The NRC validation demonstrated the technology’s
ability to effectively correct cell imbalances in lithium-ion battery packs, recovering nearly all lost capacity
due to cell imbalance. The validation was conducted on battery modules composed of fifteen 72Ah
LiFePO₄ cells connected in series. The cells were initially balanced to a uniform state of charge (SOC), with
a measured discharge capacity of 71.10Ah. In the validation test, three of the fifteen cells were then
artificially imbalanced—one cell was charged to a 20% higher SOC, and two cells were discharged to a 20%
lower SOC—resulting in a reduced discharge capacity of 46.24Ah, following rebalancing using Battery X
Rebalancing Technologies’ rebalancing technology.
These advancements establish Battery X Rebalancing Technologies as a participant in lithium-ion and EV
battery solutions, aiming to tackle the critical challenges of capacity degradation of battery packs and
expensive replacements. By extending the lifecycle of battery materials within the supply chain, Battery X
Rebalancing Technologies aims to support the energy transition and promote a more sustainable future.
1 EVESC, 2 Battery University,3 Rho Motion – Global EV Sales 2024, 4 IEA Global EV Outlook 2024, 5 IEA, 6 U.S. News, 7 Recurrent Auto
About Battery X Metals Inc.
Battery X Metals (CSE:BATX) (OTCQB:BATXF) (FSE:5YW, WKN:A40X9W) is an energy transition resource
exploration and technology company committed to advancing domestic and critical battery metal
resource exploration and developing next-generation proprietary technologies. Taking a diversified, 360°
approach to the battery metals industry, the Company focuses on exploration, lifespan extension, and
recycling of lithium-ion batteries and battery materials. For more information, visit batteryxmetals.com.
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On Behalf of the Board of Directors
Massimo Bellini Bressi, Director
For further information, please contact:
Massimo Bellini Bressi
Chief Executive Officer
Email: [email protected]
Tel: (604) 741-0444
Disclaimer for Forward-Looking Information
This news release contains forward-looking statements within the meaning of applicable Canadian
securities laws. Forward-looking statements in this release relate to, among other things: the continued
development, testing, and optimization of Prototype 2.0; the expansion of its functionality to include
additional electric vehicle platforms, including Class 3 light-duty commercial electric trucks; the Company’s
interpretation of preliminary trial results, including 100% imbalance-related capacity loss recovery and
37.7% increase of the Rated Capacity; the effectiveness of Prototype 2.0 in restoring lost capacity caused
by battery cell imbalance; the relevance of the Trial in real-world operating conditions; the possibility of
future commercial discussions with the Canadian distributor of the Electric Truck; the potential deployment
of Prototype 2.0 across the distributor’s Electric Truck Fleet; the estimated number of Electric Trucks
deployed across Canada; the broader demand for rebalancing technologies to extend the useful life of
electric vehicle battery packs; the scalability of Battery X Rebalancing Technologies’ platform to meet
market demand; the implementation of standardized operating procedures (SOPs) for Electric Truck
rebalancing; user interface and workflow optimizations; and the progress toward formalizing a
commercial manufacturing agreement to support scalable production and deployment capacity. These
forward-looking statements reflect management’s current expectations, estimates, projections, and
assumptions as of the date of this news release. Forward-looking statements are subject to known and
unknown risks, uncertainties, and other factors that may cause actual results, performance, or
achievements to differ materially from those expressed or implied by such statements. Such risks and
uncertainties include, but are not limited to: the ability to complete further testing and validation of
Prototype 2.0; variability in performance across different battery chemistries or EV platforms; the timing,
structure, and outcome of any potential commercial discussions or agreements with distributors or other
fleet operators; customer and market adoption; the ability to scale production through third-party
manufacturing; successful implementation of SOPs and software enhancements; regulatory
developments; operational and logistical challenges; and the ability to execute commercial contracts and
generate revenue. There can be no assurance that Prototype 2.0 will achieve full commercialization, that
any commercial agreements will be entered into, or that Battery X Metals Inc. or Battery X Rebalancing
Technologies will generate revenue from the initiatives described herein. The realization of any commercial
opportunity remains subject to further validation, negotiation, third-party readiness, and successful
execution of definitive agreements. Battery X Metals Inc. undertakes no obligation to revise or update any
forward-looking statements to reflect future events or circumstances, except as required by applicable law.
Investors are encouraged to consult the Company’s continuous disclosure filings available under its profile
at www.sedarplus.ca for additional risk factors and information.