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Expion360 Partners with K-Z Recreational Vehicles, a Division of Thor Industries, Inc., to Provide Advanced Lithium Battery Solutions

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Expion360 Inc. (XPON) has announced a partnership with K-Z Recreational Vehicles, a subsidiary of Thor Industries, to integrate Expion360's advanced lithium battery technology into K-Z RV's premium offerings. The collaboration aims to enhance the off-grid capabilities of K-Z RV's vehicles.

Key points:

  • K-Z RV's Boondocker package will include three Expion360 51.2V 60Ah Edge VHC heated batteries, with an option for a fourth.
  • The system features integration with Victron's Cerbo GX for real-time communication with Expion360's battery management system.
  • K-Z RV will offer two of Expion360's new Group 27 100Ah VHC Heated batteries as an option in their Off the Grid solar package.
  • The battery upgrades will be available in Durango, Durango Gold, and Durango Half-Ton models.

Expion360 Inc. (XPON) ha annunciato una partnership con K-Z Recreational Vehicles, una filiale di Thor Industries, per integrare la tecnologia avanzata delle batterie al litio di Expion360 nelle offerte premium di K-Z RV. Questa collaborazione mira a migliorare le capacit脿 off-grid dei veicoli K-Z RV.

Punti chiave:

  • Il pacchetto Boondocker di K-Z RV includer脿 tre batterie riscaldate Expion360 da 51,2V e 60Ah Edge VHC, con la possibilit脿 di aggiungere una quarta batteria.
  • Il sistema prevede l'integrazione con il Cerbo GX di Victron per la comunicazione in tempo reale con il sistema di gestione delle batterie di Expion360.
  • K-Z RV offrir脿 due delle nuove batterie riscaldate Expion360 da 100Ah VHC del Gruppo 27 come opzione nel loro pacchetto solare Off the Grid.
  • Gli aggiornamenti delle batterie saranno disponibili nei modelli Durango, Durango Gold e Durango Half-Ton.

Expion360 Inc. (XPON) ha anunciado una asociaci贸n con K-Z Recreational Vehicles, una subsidiaria de Thor Industries, para integrar la avanzada tecnolog铆a de bater铆as de litio de Expion360 en las ofertas premium de K-Z RV. La colaboraci贸n tiene como objetivo mejorar las capacidades fuera de la red de los veh铆culos K-Z RV.

Puntos clave:

  • El paquete Boondocker de K-Z RV incluir谩 tres bater铆as calefaccionadas Expion360 de 51.2V y 60Ah Edge VHC, con la opci贸n de una cuarta.
  • El sistema cuenta con integraci贸n con el Cerbo GX de Victron para la comunicaci贸n en tiempo real con el sistema de gesti贸n de bater铆as de Expion360.
  • K-Z RV ofrecer谩 dos de las nuevas bater铆as calefaccionadas Expion360 del Grupo 27 de 100Ah VHC como una opci贸n en su paquete solar Off the Grid.
  • Las actualizaciones de bater铆as estar谩n disponibles en los modelos Durango, Durango Gold y Durango Half-Ton.

Expion360 Inc. (XPON)鞚 Thor Industries鞚 鞛愴殞靷澑 K-Z Recreational Vehicles鞕 韺岉姼雱堨嫮鞚 觳搓舶頃橃棳, Expion360鞚 觳嫧 毽姮 氚绊劙毽 旮办垹鞚 K-Z RV鞚 頂勲Μ氙胳梽 鞝滍拡鞐 韱淀暕頃滊嫟瓿 氚滍憸頄堨姷雼堧嫟. 鞚 順戨牓鞚 K-Z RV 彀焿鞚 鞓ろ攧 攴鸽Μ霌 旮半姤鞚 頄レ儊鞁滍偆電 瓴冹潉 氇╉憸搿 頃╇媹雼.

欤检殧 靷暛:

  • K-Z RV鞚 Boondocker 韺偆歆鞐愲姅 靹 臧滌潣 Expion360 51.2V 60Ah Edge VHC 雮滊癌 氚绊劙毽皜 韽暔霅橂┌, 雱 氩堨Ц 氚绊劙毽ゼ 靹犿儩頃 靾 鞛堧姅 鞓奠厴鞚 鞛堨姷雼堧嫟.
  • 鞚 鞁滌姢韰滌潃 Expion360鞚 氚绊劙毽 甏毽 鞁滌姢韰滉臣 鞁れ嫓臧 韱奠嫚鞚 鞙勴暅 Victron鞚 Cerbo GX鞕 韱淀暕霅橃柎 鞛堨姷雼堧嫟.
  • K-Z RV電 Off the Grid 靻旊澕 韺偆歆鞐愳劀 Expion360鞚 靸堧鞖 Group 27 100Ah VHC 雮滊癌 氚绊劙毽 霊 臧滊ゼ 鞓奠厴鞙茧 鞝滉车頃╇媹雼.
  • 氚绊劙毽 鞐呹犯霠堨澊霌滊姅 Durango, Durango Gold 氚 Durango Half-Ton 氇嵏鞐愳劀 靷毄頃 靾 鞛堨姷雼堧嫟.

Expion360 Inc. (XPON) a annonc茅 un partenariat avec K-Z Recreational Vehicles, une filiale de Thor Industries, pour int茅grer la technologie avanc茅e des batteries lithium d'Expion360 dans les offres premium de K-Z RV. Cette collaboration vise 脿 am茅liorer les capacit茅s hors r茅seau des v茅hicules de K-Z RV.

Points cl茅s :

  • Le package Boondocker de K-Z RV inclura trois batteries chauff茅es Expion360 de 51,2V et 60Ah Edge VHC, avec la possibilit茅 d'une quatri猫me.
  • Le syst猫me est int茅gr茅 au Cerbo GX de Victron pour la communication en temps r茅el avec le syst猫me de gestion de batterie d'Expion360.
  • K-Z RV proposera deux des nouvelles batteries chauff茅es Expion360 du groupe 27 de 100Ah VHC comme option dans leur package solaire Off the Grid.
  • Les mises 脿 niveau de batteries seront disponibles sur les mod猫les Durango, Durango Gold et Durango Half-Ton.

Expion360 Inc. (XPON) hat eine Partnerschaft mit K-Z Recreational Vehicles, einer Tochtergesellschaft von Thor Industries, angek眉ndigt, um die fortschrittliche Lithium-Batterietechnologie von Expion360 in die Premium-Angebote von K-Z RV zu integrieren. Die Zusammenarbeit zielt darauf ab, die Off-Grid-F盲higkeiten der Fahrzeuge von K-Z RV zu verbessern.

Wichtige Punkte:

  • Das Boondocker-Paket von K-Z RV wird drei beheizte Expion360-Batterien mit 51,2V und 60Ah Edge VHC enthalten, mit der Option f眉r eine vierte.
  • Das System bietet eine Integration mit Victrons Cerbo GX f眉r die Echtzeitkommunikation mit dem Batteriemanagementsystem von Expion360.
  • K-Z RV wird zwei der neuen beheizten Expion360-Batterien der Gruppe 27 mit 100Ah VHC als Option in ihrem Off-the-Grid-Solarpaket anbieten.
  • Die Batterie-Upgrades werden in den Modellen Durango, Durango Gold und Durango Half-Ton verf眉gbar sein.
Positive
  • Partnership with K-Z Recreational Vehicles, a subsidiary of Thor Industries, expands Expion360's market reach
  • Integration of Expion360's batteries into K-Z RV's premium offerings enhances product visibility
  • Potential for increased sales through multiple battery options in various RV models
Negative
  • None.

Insights

This partnership between Expion360 and K-Z RV, a Thor Industries subsidiary, is a significant development for Expion360's market expansion. The integration of Expion360's lithium batteries into K-Z RV's premium offerings could boost Expion360's revenue and market share in the RV industry. The deal targets the growing trend of off-grid camping and boondocking, which has seen increased popularity post-pandemic. This move could potentially increase Expion360's visibility among RV enthusiasts and lead to further partnerships in the industry. However, the impact on Expion360's stock may be in the short term, as the financial terms of the deal aren't disclosed. Long-term growth prospects look promising if this partnership proves successful and leads to increased adoption of Expion360's technology in the RV market.

Expion360's battery technology offers significant advantages for RV applications. The 51.2V 60Ah Edge VHC heated batteries provide high energy density and cold weather performance, important for off-grid use. The integration with Victron's Cerbo GX for real-time BMS communication is a key feature, allowing users to monitor battery status efficiently. The new Group 27 12.8V 100Ah VHC heated batteries further expand Expion360's product range, catering to different RV models and power requirements. This diversification of product offerings strengthens Expion360's position in the market. The heated battery technology is particularly noteworthy, as it addresses a common issue with lithium batteries in cold environments, potentially giving Expion360 a competitive edge in the RV battery market.

While this partnership is promising for Expion360, its financial impact remains uncertain without disclosed terms. For context, Expion360's $7.2 million revenue in 2022 suggests this deal could be material to their top line if it leads to significant sales volume. However, the company's $5.2 million net loss in the same period indicates they need substantial growth to reach profitability. The partnership with K-Z RV, part of Thor Industries (NYSE: THO), a $9 billion market cap company, provides credibility and potential for scaling. Investors should monitor Expion360's upcoming financial reports for evidence of revenue growth and margin improvements resulting from this deal. The stock may see increased interest, but concrete financial benefits will be key to long-term value creation.

Expion360 51.2V 60Ah Edge VHC Heated Batteries Offered in Boondocker Package and New Group 27 12.8V 100Ah VHC Heated Batteries Available as an Option for the Off the Grid Solar Package

REDMOND, Ore., Aug. 06, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: XPON) (鈥淓xpion360鈥 or the 鈥淐ompany鈥), an industry leader in lithium-ion battery power storage solutions, today announced a partnership with K-Z Recreational Vehicles (鈥淜-Z RV鈥), a subsidiary of Thor Industries, Inc. This collaboration will integrate Expion360's cutting-edge battery technology into K-Z RV's premium offerings, enhancing the off-grid capabilities of their vehicles.

KZ RV Press Release Image 8-5-24

K-Z RV鈥檚 Boondocker package, renowned for its exceptional off-grid features, will now include three Expion360 51.2V 60Ah Edge batteries, with an option to expand to a fourth battery. The integration of Expion360鈥檚 advanced battery technology and the expert system integration is provided by Wellspring Solar. The system features full integration with Victron鈥檚 Cerbo GX for real-time communication with Expion360鈥檚 battery management system (鈥淏MS鈥).

These batteries will be available in the Durango and Durango Gold fifth-wheel models.

"We are thrilled to partner with K-Z Recreational Vehicles, a respected name in the RV industry and a part of Thor Industries, Inc.," said Brian Schaffner, CEO of Expion360. "This collaboration allows us to bring our cutting-edge lithium battery technology to a broader audience, providing K-Z RV customers with reliable and efficient power solutions for their outdoor adventures."

In addition to the Boondocker package, K-Z RV will offer two of Expion360's new Group 27 100Ah VHC Heated batteries as an option to their standard Off the Grid solar package. This upgrade will be available across the Durango, Durango Gold, and Durango Half-Ton models.

Brent Froman, General Manager at K-Z RV, commented, "At K-Z RV, we are committed to offering our customers the best in RV technology and innovation. By partnering with Expion360, we can provide advanced lithium battery options that enhance the off-grid experience. We are excited to offer these high-quality power solutions in our Durango and Durango Gold models, as well as in the Durango Half-Ton."

About K-Z Recreational Vehicles

K-Z Recreational Vehicles, a subsidiary of Thor Industries, Inc., is dedicated to designing and manufacturing RVs that promote the enjoyment of the great outdoors. Founded in 1972 and headquartered in Shipshewana, Indiana, K-Z RV is renowned for its commitment to quality, fairness, courtesy, and integrity. The company produces several popular brands of towable recreational vehicles, including Connect, Durango, Escape, Sportsmen, Sportster, Venom, and the Venture RV line, which includes Sonic, Stratus, and SportTrek.

K-Z RV operates a state-of-the-art production facility covering 530,000 square feet, with over 600 employees and 12 product lines offering more than 150 floor plans. The company prides itself on being one of the most innovative RV manufacturers in North America, continually leading the industry with new and inventive products. For more information, please visit .

About Wellspring Solar

Wellspring Solar, an industry leader in off-grid solar and battery solutions, has been a pivotal partner in the integration of complex energy systems for recreational and residential applications since 1995. Their expertise in system design and implementation ensures optimal performance and reliability.

For additional information about Wellspring Solar, please visit .

About Expion360

Expion360 is an industry leader in premium lithium iron phosphate (LiFePO4) batteries and accessories for recreational vehicles and marine applications, with residential and industrial applications under development. On December 19, 2023, the Company announced its entrance into the home energy storage market with the introduction of two premium LiFePO4 battery storage systems that enable residential and small business customers to create their own stable micro-energy grid and lessen the impact of increasing power fluctuations and outages. .

The Company鈥檚 lithium-ion batteries feature half the weight of standard lead-acid batteries while delivering three times the power and ten times the number of charging cycles. Expion360 batteries also feature better construction and reliability compared to other lithium-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 lithium-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聽.

Edge, VHC, Vertical Heat Conduction and SmartTalk are trademarks of Expion360.

漏 2024 Expion360. All rights reserved.

Forward-Looking Statements and Safe Harbor Notice

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements are subject to considerable risks and uncertainties. The Company intends such forward-looking statements to be covered by the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release, including statements about our beliefs and expectations, are "forward-looking statements" and should be evaluated as such. Examples of such forward-looking statements include statements that use forward-looking words such as "projected," "expect," "possibility,鈥 鈥渂elieve,鈥 鈥渁im,鈥 鈥済oal,鈥 鈥減lan,鈥 and "anticipate," or similar expressions. Forward-looking statements included in this press release include, but are not limited to, statements relating to the Company鈥檚 anticipated collaboration and integration of the Company鈥檚 products with K-Z RV鈥檚 products. Forward-looking statements are subject to and involve risks, uncertainties, and assumptions that may cause the Company鈥檚 actual results, performance or achievements to be materially different from any future results, performance or achievements predicted, assumed or implied by such forward-looking statements.

Company Contact:
Brian Schaffner, CEO
541-797-6714

External Investor Relations:
Chris Tyson, Executive Vice President
MZ Group - MZ North America
949-491-8235

A photo accompanying this announcement is available at


FAQ

What is the partnership between Expion360 (XPON) and K-Z Recreational Vehicles?

Expion360 (XPON) has partnered with K-Z Recreational Vehicles to provide advanced lithium battery solutions for K-Z RV's premium offerings, enhancing their off-grid capabilities.

Which Expion360 (XPON) batteries will be included in K-Z RV's Boondocker package?

K-Z RV's Boondocker package will include three Expion360 51.2V 60Ah Edge VHC heated batteries, with an option to expand to a fourth battery.

What RV models will feature Expion360 (XPON) batteries as part of this partnership?

Expion360 batteries will be available in K-Z RV's Durango, Durango Gold, and Durango Half-Ton models.

How are Expion360 (XPON) batteries integrated into K-Z RV's systems?

The integration features Victron's Cerbo GX for real-time communication with Expion360's battery management system, with system integration provided by Wellspring Solar.

Expion360 Inc.

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