- Battery X Metals (BATXF, Financial) successfully restores 100% of imbalance-related capacity on a Nissan Leaf battery in a real-world trial.
- The trial showed a 3.9% improvement in usable battery capacity, increasing from 50.34Ah to 52.29Ah.
- Nearly 40 million EVs are expected to be out of warranty by 2031, increasing demand for battery life extension solutions.
Battery X Metals Inc. (BATXF) has unveiled its next-generation Prototype 2.0 lithium-ion battery rebalancing machine, successfully achieving a full recovery of imbalance-related capacity on a 96-cell Nissan Leaf battery pack. The real-world trial demonstrated a 3.9% improvement in usable battery capacity, increasing the total from 50.34Ah to 52.29Ah. This marks a significant validation of the technology outside laboratory conditions, addressing a critical market need as a substantial number of electric vehicles (EVs) are expected to fall out of warranty coverage in the near future.
With global electric vehicle sales reaching approximately 17.1 million units in 2024, the demand for technologies that extend battery life and reduce long-term ownership costs is steadily increasing. Battery X Metals' innovative technology, validated by the National Research Council of Canada, aims to extend the lifespan of EV batteries and reduce replacement costs, thus supporting the growing global EV market.
Battery X Metals' proprietary technology uses sophisticated software and hardware to rebalance cell-level voltages, restoring usable ampere-hour capacity in aging battery packs. This breakthrough positions the company to cater to a market where nearly 40 million electric, plug-in hybrid, and hybrid vehicles worldwide are predicted to fall outside warranty coverage by 2031.
