Expion360 Shares Skyrocket Following Exclusive Lithium-Ion Battery Supply Deal


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  • Expion360 Inc (NASDAQ:XPON) has been selected as the exclusive supplier of high-energy lithium-ion batteries for an overland trailer to be branded and sold by a top U.S. sports utility vehicle manufacturer.
  • The company noted that the overland trailer is inspired by military ruggedized surveillance trailers and developed by leaders in advanced vehicle engineering.
  • The company plans to begin shipping lithium batteries to the trailer manufacturer in the first quarter of 2023.
  • In addition, Expion360 looks forward to a long and prosperous relationship with this manufacturer.
  • The overland trailer is expected to be available through more than 5,000 SUV dealers across North America starting early next year.
  • Expion360 state-of-the-art Li-ion batteries have been integrated as a key element of the trailer's onboard solar-powered storage system.
  • Expion360 said its batteries utilize lithium iron phosphate (LiFePO4), which can have a lifespan of 12 years or three to four times the life of most lead-acid batteries.
  • Price Action: XPON shares are trading higher by 159.7% to $2.54 on the last check Friday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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