There's also a Apple help page about it:
About battery health management in Mac laptops - Apple Support
Mac laptop computers with an Intel processor use battery health management, a feature designed to improve the lifespan of your computer's battery.support.apple.com
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Unfortunately on my late 2013 MBP 15” there is no option for battery health
I wonder if this needs a T2 chip
[edit]
Just re read the original article that mentions the need for 3 thunderbolt ports
Though apples KB entry doesn’t list a limitation