Rebalancing technology

Battery X Metals (BATXF) is targeting aging EV batteries with its rebalancing technology, focusing on Nissan Leaf, the second-largest out-of-warranty EV cohort in the U.S. Partnering with Factor E Motors, the company’s Prototype 2.0 demonstrated 54% capacity restoration in NRC tests, aiming to undercut battery replacement costs by 60-70%. Targeting a $900M+ North American market by 2028, plans include expanding to Ford and Chevy models by 2026. The approach could reduce lithium demand by 18,000 tons annually, aligning with sustainability goals. CEO Massimo Bressi emphasizes adaptability as global EV sales hit 17.1 million units, positioning Battery X as a battery health leader amid rising replacement costs.