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Battery X Metals ( (TSE:BATX) ) has issued an announcement.
Battery X Rebalancing Technologies, a subsidiary of Battery X Metals, has achieved a significant breakthrough by restoring a severely degraded electric truck’s driving range from approximately 40 kilometers to an estimated 295 kilometers per charge. This was accomplished using their patent-pending Prototype 2.0 battery rebalancing platform, which demonstrated a 100% recovery of imbalance-related losses and a 37.7% increase in rated capacity. The successful trials highlight a growing demand for scalable, cost-effective battery rebalancing solutions, potentially extending battery life and reducing operating costs for commercial electric vehicle stakeholders.
More about Battery X Metals
Battery X Metals Inc. is an energy transition resource exploration and technology company. It focuses on developing innovative solutions for the electric vehicle industry, particularly through its subsidiary, Battery X Rebalancing Technologies, which specializes in battery rebalancing technologies.
Average Trading Volume: 203,040
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$15.49M
For detailed information about BATX stock, go to TipRanks’ Stock Analysis page.