Lithium-ion Battery
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Battery X Metals Progresses Next-Gen Rebalancing Machine for Top US EV Brand
Battery X Metals is advancing its lithium-ion battery rebalancing technology, successfully completing a 3D scan of a Tesla Model 3 pack to enhance machine compatibility. Validated by the NRC, their technology can restore approximately 99% of lost battery capacity, addressing the growing need for solutions as millions of EVs approach end-of-warranty. This strategic move targets Tesla’s significant market share, aiming to extend battery life and reduce ownership costs.
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Nano One Announces Q2 2025 Results and Provides Corporate Update
Nano One Materials Corp. (NNOMF) reported Q2 2025 results with $23.2M net assets and $22.8M working capital. They secured $3.6M in government funding but reported a $2.8M net loss. Key developments include selection for the Arkansas Lithium Technology Accelerator (ALTA) program, recognition by the IEA as a top LFP innovator, and commencing trading on the U.S. OTCQB market. Approximately $25.0M in government program reimbursements remain to be claimed over the next two years.