LIBRT and BJPN enhance partnership for advanced lithium-ion, EV battery tech, with a prototype expected in 2025 and exclusive licensing terms.

Lithium-ion Battery Renewable Technologies (LIBRT), part of Battery X Metals, has enhanced its partnership with Beijing Pengneng Science & Technology (BJPN) through a Second Amended Agreement. This collaboration focuses on developing advanced diagnostic and rebalancing technology for lithium-ion and electric vehicle batteries, aiming to improve their performance and longevity. The agreement clarifies intellectual property rights and sets exclusive licensing terms, with a prototype expected by April 2025.

September 27, 2024
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