Battery X Metals Reports Estimated Driving Range Increase of ~135 Kilometers After Battery Rebalancing Procedure of Previously Inoperable Light-Duty Electric Vehicle with Severe Battery Cell Imbalance in Preliminary Performance Trial

Executive Summary

• Battery X Metals demonstrated that its second‑generation lithium‑ion battery rebalancing platform can restore a severely degraded 144‑cell NMC pack, increasing real‑world driving range of a light‑duty electric truck to an average of ~135.9 km per charge (up from ~0.1 km pre‑rebalancing).
• The rebalancing narrowed cell‑level voltage differential from ~0.63 V to ~0.27 V, indicating effective pack‑level balance and recovery of usable capacity without cell replacement.
• An amendment extends the collaborative research agreement with a top‑20 global university, continuing work on eco‑friendly froth‑flotation technology for critical battery material recovery.

Key Details

• Rebalancing Results: Post‑rebalancing voltage spread = 0.27 V (vs. 0.63 V pre‑rebalancing).
• Driving Trials – Distance Traveled:
• Trial 1: 138.8 km (≈4 days, start SOC ~87%, end SOC ~10%).
• Trial 2: 140.6 km (≈4 days, start SOC ~99%, end SOC ~10%).
• Trial 3: 128.3 km (≈3 days, start SOC ~99%, end SOC ~10%).
• Average Post‑Rebalancing Range: ≈135.9 km per charge.
• Pre‑Rebalancing Range: ≈0.1 km per charge (effectively inoperable).
• Battery Pack: 144‑cell NMC lithium‑ion pack; rebalancing performed with proprietary hardware/software (“Rebalancing Machine”).
• NRC Validation (lab test): Restored ~99 % of capacity lost due to induced cell imbalance on a 15‑cell LiFePO₄ module (capacity recovered from 46.24 Ah to 70.94 Ah).
• Amendment to University Collaboration:
• Extension of contract to 12 Jan 2027.
• Initial CAD $60,000 paid; remaining CAD $164,559.99 payable in three equal instalments over the next nine months.
• Continued focus on froth‑flotation process achieving graphite recoveries >98 % and metal‑oxide purities ~95–96 %.
• Market Context: Global EV sales reached ~17.1 M units in 2024; by 2031 an estimated 40 M EVs will be out of warranty, driving demand for battery life‑extension technologies.

Notable Quotes

“These results provide strong technical and commercial validation of Battery X Metals’ proprietary solution as an effective pathway to extend remaining useful battery life and reduce total cost of ownership for electric vehicle fleets facing out‑of‑warranty battery degradation.” – Massimo Bellini Bressi, CEO

All forward‑looking statements are subject to risks and uncertainties detailed in the release.