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Battery X Metals ( (TSE:BATX) ) has issued an update.
Battery X Metals has successfully validated its next-generation battery rebalancing machine on a light-duty electric vehicle model, achieving full recovery of imbalance-related capacity loss and a 37.7% increase in rated capacity. This trial underscores the effectiveness of their technology in restoring battery capacity, highlighting significant market interest and demand for cost-effective solutions to avoid expensive battery replacements.
More about Battery X Metals
Battery X Metals Inc. is an energy transition resource exploration and technology company. It focuses on developing advanced battery technologies and solutions, particularly in the lithium-ion battery sector, to address market demands for efficient energy storage and management.
Average Trading Volume: 176,466
Technical Sentiment Signal: Sell
Current Market Cap: C$20.19M
For an in-depth examination of BATX stock, go to TipRanks’ Stock Analysis page.