REDMOND, OR / ACCESSWIRE / September 12, 2023 / Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium-ion battery power storage solutions, will exhibit its state-of-the-art e360 lithium-ion (Li-ion) battery power solutions at the Elkhart RV Dealer Open House, the world's largest RV dealer show being held in Elkhart, Indiana on September 25-27, 2023.
Elkhart is widely considered the "RV Capital of the World," with RVs manufactured in Elkhart reportedly accounting for 80% of global RV production.
The three-day dealer-only event will feature a wide selection of new RVs from more than 30 of the nation's top RV manufacturers. Expion360 sales representatives will demonstrate the company's e360 lithium-ion battery systems at its OEM customer booths, including Chinook RV and Imperial Outdoors.
Another OEM customer, InTech Trailers, will be hosting an Open House at their nearby facility in Nappanee, Indiana, where they will be displaying e360 lithium-ion battery systems installed on their latest RV models.
"We expect this major industry event to elevate our profile in the RV community, especially as RV users and manufacturers increasingly demand greater power density, better reliability and ruggedness for their energy storage needs," stated Expion360 CEO, Brian Schaffner. "Our growing family of OEM strategic supply partners who have adopted our e360 lithium-ion battery systems clearly demonstrate we are meeting this demand head-on."
During the event, Expion360 will discuss the company's market leadership in Li-ion batteries for RV and marine applications, including how Expion360 e360™ Li-ion batteries offer greater capacity and space savings compared to lead-acid batteries, as well as superior design, construction and reliability versus alternative Li-ion batteries.
Expion360's recent strategic supplier announcements have included several top RV manufacturers:
- In May, Expion360 was selected by Chinook RV for its off-grid power systems. For Chinook's Bayside class B RVs, five e360 120Ah Li-ion batteries provide 600Ah of high-capacity, energy-dense storage along with 300W of solar to complete the power system. On Chinook Maverick and Summit class B+ motorhomes, two e360 custom form factor 360Ah Li-ion batteries provide 720Ah of high-capacity, energy-dense storage with 600W of solar.
- In March, Expion360 power systems were chosen to equip all Little Guy lightweight camper trailers manufactured by Xtreme Outdoors with Expion360 e360™ 120Ah e360 Li-ion batteries. They will provide high-capacity, energy-dense storage for Max, Mini Max and Micro Max models, as well as the new Xtreme model, Shadow.
- In January, Expion360 was selected as a strategic supplier for a new off-grid, extreme overland RV camper series manufactured by Imperial Outdoors which further extended a multi-year supplier relationship with the manufacturer. 360Ah e360 Li-ion batteries will provide high-capacity, energy-dense storage for roof-mounted solar power systems on Imperial Outdoors' new XploreRV X145 and X195 camper models.
- At the end of last year, Expion360 announced it was selected as the strategic supplier of lithium-ion batteries for manufacturer of an overland trailer being branded and sold by a top U.S. sports utility vehicle manufacturer and which are now available through more than 5,000 SUV dealerships nationwide.
For questions or further information about Expion360, please contact Ron Both of CMA at (949) 432-7557 or submit your request here.
About Elkhart RV Dealer Open House
The three-day, dealer-only event features an extensive selection of new RVs from more than 30 of the nation's top RV manufacturers. Manufacturer representatives will be on hand to showcase the newest RV models, floor plans and decor.
Expion360 is an industry leader of premium lithium iron phosphate (LiFePO4) batteries and accessories for recreational vehicles and marine applications,with residential and industrial applications under development.
The company's lithium batteries feature half the weight of standard lead-acid batteries while delivering three times the power and 10 times the number of charging cycles. Expion360 batteries also feature better construction and reliability compared to other Li-ion batteries on the market due to their superior design and quality materials. Specially reinforced, fiberglass-infused, premium ABS and solid mechanical connections help provide top performance and safety. With Expion360 batteries, adventurers can enjoy the most beautiful and remote places on Earth even longer.
The company is headquartered in Redmond, Oregon. Expion360 Li-ion batteries are available today through more than 300 dealers, wholesalers, private-label customers, and OEMs across the country. To learn more about the company, visit expion360.com.
Forward-Looking Statements and Safe Harbor Notice
All statements other than statements of historical facts included in this press release are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Examples of such forward-looking statements include statements regarding our expectations regarding our business strategies and plans, growth opportunities and competitive position, our expected growth trajectory, our elevated profile in the RV community as RV users and manufacturers increasingly demand greater power density, better reliability and ruggedness for their energy storage needs, and those statements that use forward-looking words such as "projected," "expect," "possibility" and "anticipate," or similar expressions. Because forward-looking statements relate to the future, such forward-looking statements involve significant risks, uncertainties, and assumptions that are difficult to predict and many of which are outside our control. Actual results could differ materially from those indicated in the forward-looking statements. Factors that could cause such differences include, among others, the competitive nature of our industry and the pricing pressures that we face, our history of losses and increasing costs, our ability to continue as a going concern, our dependency on the needs and success of our customers and our substantial customer concentration, any inability to successfully manage our growth, the impact of public health epidemics or outbreaks, our ability to expand our sales and distribution channels, our ability to expand into international markets, the limited number of ports through which our raw materials enter the United Sates and our reliance on third parties to store and ship certain inventory, uncertainty in the global economic condition, any government reviews, inquiries, investigations and other actions, changes in the cost and availability of raw materials, our dependency on third-party manufacturers and suppliers and increases in the cost or disruption of supply or shortages in any of our raw materials, battery components or raw materials used in the production of such parts, our dependency on our two warehouse facilities, the risk that lithium-ion battery cells may catch fire or release smoke and flame, potential product liability claims, risks related to litigation, tax, environmental and other legal compliance, any failure to introduce new products and product enhancements and market acceptance of new technologies introduced by our competitors, any failure by us to adequately protect our intellectual property or to defend ourselves against intellectual property infringement claims, quality problems with our products, our ability to raise capital, risks related to our electronic data becoming compromised, our dependency on our senior management team and other key employees, any failure to keep pace with developments in technology and those discussed in our filings with the SEC. Investors should read the risk factors set forth in the Company's previous filings, subsequent filings, and future periodic reports filed with the SEC. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements.
The Company cautions that forward-looking statements are not historical facts and make no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. The information set forth herein speaks only as of the date hereof. The Company and its management are under no obligation, and expressly disclaim any obligation, to update, alter or otherwise revise any forward-looking statements following the date of this news release, whether as a result of new information, future events or otherwise, except as required by law.
Brian Schaffner, CEO
Tel (541) 797-6714
Expion360 Investor Contact:
CMA Investor Relations
Tel (949) 432-7566
Expion360 Media Contact:
CMA Media Relations
Tel (949) 432-7572
SOURCE: Expion360 Inc.
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