Revenue Share Agreement

  • Battery X Metals Secures Revenue Share Deal for Innovative Battery Rebalancing Technology After Range Boost in EV Trial

    Battery X Metals’ subsidiary, Battery X Rebalancing Technologies, enters a Commercial Revenue Share Agreement with a Vancouver auto service center specializing in Tesla vehicles. This agreement marks the first commercial deployment of their Prototype 2.0 lithium-ion battery rebalancing machine. Battery X will receive 20% of gross service revenue per rebalancing procedure. Trials saw Prototype 2.0 restore an electric truck’s driving range from 40km to 295km, a 637.5% improvement. This collaboration generates early revenue with no direct operating expenses and validates the platform’s commercial potential.

    2 days ago