U.S.-Based, Expion360 (NASDAQ: XPON) is an industry expert in lithium battery products, specializing in recreational vehicles, overland and marine.
Expion360’s immediate focus is on Marine and RV, with strategic opportunities in a variety of other verticals. The company is expert in sourcing, assembling and white-labelling for components and finished products in their markets.
Throughout the pandemic, marine and RV sales saw a huge boom. Sales of recreational vehicles have accelerated so much since the shutdown, that many dealers are struggling to meet the demand.
With many turning to RV and Marine travel/activity, the demand for lithium powered batteries are at an all time high.
Founder/CEO and Head of Global Sales, John Yozamp brings more than 30 years of sales and marketing experience to the business. His extensive background includes 24 years of product concept, development, and manufacturing. He has significant knowledge in selling and developing products that are intended for supplying large retailers, such as Sherman Williams, Costco, Lowes, and Home Depot. In 1996, John was recognized in the HDTV’s top ten pick “Best New Idea” at the Chicago Hardware Show. In 2008, John supported the #1 item sold at Sam’s Club individual Road Show. These are only a couple of examples of his ability to align with high-profile opportunities. He is well-known for his innovative approach, as well as his ability to foster deep and lasting relationships with key distributors, suppliers, and decision makers. His ability to demonstrate high integrity and trustworthiness has helped in cultivating valuable connections, which have been helpful in multiple business launches. In previous endeavors, John successfully founded two recreational vehicle/trailer tent companies, both of which are still in business today. Just prior to launching Expion360 John was founder, owner and operator of one of the larger Solar Manufacturing companies, Zamp Solar, in the US focusing on the RV and off grid markets.
Expion360 uses Lithium Iron Phosphate (LiFePO4) as its battery chemistry. LiFePO4 chemistry is considered a top choice for high energy density, dependability, longevity and safety.
The rising markets of Recreational Vehicles (RVS) and Marine vehicles, puts Expion360 in a favorable position to provide the supply-demand for top of the line, lithium batteries. The recreational vehicle market size exceeded USD 70 billion in 2021 and is anticipated to grow at a CAGR of over 10% between 2022 and 2028.
uses only the highest-grade lithium cells in the world for unparalleled reliability.
Demand for lithium batteries has seen a recent rise as the world turns to sustainable, rechargeable energy sources.
Expion360’s lithium batteries only use the highest-grade lithium cells and offer unparalleled safety, charge time, and warranty compared to its competition.
According to a recent survey by the RV Industry Association, 61 million Americans plan to go RVing in the next 12 months. This is up from 46 million from 2020!
The recreational vehicle industry brings more than $114 billion to the US economy, making it a very important industry to service in the US.
Expion360’s immediate focus is on Marine and RV, with strategic opportunities in a variety of other verticals. The company is expert in sourcing, assembling and white-labelling for components and finished products in their markets. The company’s premium lithium batteries offer incomparable reliability, safety, and performance.
Expion360 is an industry expert in lithium battery products, specializing in recreational vehicles, overland and marine. The company’s immediate focus is on Marine and RV, with strategic opportunities in a variety of other verticals. The company is expert in sourcing, assembling and white-labelling for components and finished products in their markets.
Founded in 2016 by John Yozamp, Expion360 designs and distributes best-in-class lithium battery solutions. John Yozamp was also the original founder and product developer at Zamp Solar. The company’s core competency is their 12 years of experience in both the RV and Solar industries.
The company proudly designs and engineers their batteries in Central Oregon, USA. Central Oregon is renowned as the gateway to the great outdoors. It is here that they pull inspiration for developing reliable products that sustain their client’s desire to adventure.
Designed and Engineered in America — They design and oversee all aspects of their lithium batteries with special attention to the smallest of details.
Lithium Cells — They use only the highest grade lithium cells in the world for unparalleled reliability. All lithium cells used in production are fully listed and meet UL1642 standard (UL file no. MH64383).
Box Design — From concept to commodity, their usage of color and texture are a hallmark of their innovative box design that completely changes the scope of the industry. The X, Y & Z axis within the interior space are structurally secured with molded ribs rather than foam filler that is found in most of our competitors. They only use the highest grade ABS plastics and infuse 10% glass fill into their mil-spec battery case that meet UL-94 VO for fire retardant rating. First in the industry to have rubber feet built-in on every battery box, this feature aides in the elimination of vibration and sliding issues. Radiused corners heighten the appearance and strengthen the edges for a sleek and sophisticated profile. Our oversized terminal connection pads are 96.7% larger than a standard terminal. This forward-thinking design increases the strength and structural integrity by allowing better heat dissipation and a 19% increase in current carrying capacity. Opposing terminal connection pads aid in mounting flexibility and reduced cross polarity dangers.
Cell Pack — They have eliminated nearly all solder points within their interior pack design. Because mechanical connections are the most efficient way to transfer power and reduce resistance and heat buildup, all cells are securely welded via thick copper/tin machined collector plates. The collector plates in our design are thicker than the industry norm and press broke at each end to create a mechanical backbone to connect to the BMS. High grade wire, ring terminals, and heat shrink are generously used throughout the interior. All terminal connections are treated with an industrial epoxy for long-lasting corrosion protection and durability.
BMS (Battery Management System) — “Smart” is at the heart of their BMS design with an abundance of features. For the cold weather enthusiast, we have built in a low-temp discharge and charge auto-shutoff. Low and high voltage shutoffs, short circuit protection, and overcurrent disconnect function are also managed by our intelligent BMS. While others may overlook the safety importance of structurally securing the BMS board, their process incorporates a bolted design that creates one cohesive pack. The addition of mechanical connections and an oversized heatsink increase the reliability of their BMS to give years of trouble-free performance.
The recreational vehicle industry brings more than $114 billion to the US economy, making it a very important industry to service in the US!
U.S.-based, Expion360 (NASDAQ: XPON) an industry expert in lithium battery products, specializing in recreational vehicles, overland and marine, recently made its debut on the NASDAQ.
With the rise in sales for recreational and marine vehicles soaring in recent years, companies like Expion360 are becoming integral as the need for rechargeable and reliable batteries grows.
Rechargeable energy sources are used by larger companies like Tesla which has lead to booming growth for the lithium battery market. The market was valued at USD 53.6 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 19.0% from 2020 to 2028.
Already a leader in its industry, Expion360 has the potential to climb to the top of its market as it offers premium batteries to power recreational and marine vehicles. Lead by a CEO with over 30 years of sales and marketing experience and with 59% of equity owned by insiders, XPON is becoming an exciting player to watch on the NASDAQ.
It was only DAYS ago that Expion360 announced the pricing of its IPO of 2,145,000 shares of common stock at a public offering price of $7.00 per share!
AND the company’s stock grew an impressive 10% in its debut!!
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