Business
Expion360 Begins Shipments of More Than 500 e360 Lithium Batteries to Major RV Parts and Accessory Distributor, AIM Wholesale
REDMOND, Ore and PHOENIX, Ariz, April 28, 2022 /PRNewswire/ -- Expion360, Inc. (NASDAQ: XPON), an industry leader for lithium batteries and accessories for
About this update from Expion360 Inc.
[{"type":"text","content":"REDMOND, Ore and PHOENIX, Ariz, April 28, 2022 /PRNewswire/ -- Expion360, Inc. (NASDAQ: XPON), an industry leader for lithium batteries and accessories for recreational vehicles (RVs), outdoor, marine, residential and industrial, has begun shipping its state-of-the-art lithium-ion batteries and accessories to AIM Wholesale, a major distributor of premium wholesale RV parts and accessories to hundreds of dealers, distribution chain partners and retailers nationwide.\n\n \n \n \n \n \n \n\n \nExpion360 shipped an initial 192 units in March and is scheduled to ship an additional 320 units over the next six months. The orders are being driven in part by demand from AIM's customers for Expion360's 120 amp hours (Ah) lithium-ion batteries. Expion360 products will be distributed through AIM's Phoenix, Arizona headquarters and regional distribution centers in California, Texas and Utah.\n\"Expion360 is a top-notch lithium battery and accessory manufacturer that shares our core values of quality and service,\" stated TJ Spackman, AIM's director of operations. \"Expion360 offers our customers the most dense and minimal-footprint batteries in the RV industry.\"\nExpion360's e360 Lithium Battery Powering the Pursuit (TM).\nExpion360's increasing order flow reveals that RV owners are discovering its lithium-ion power storage technology offers superior capabilities over old-style lead-acid batteries, including longer lifespan and more power, as well as a smaller footprint and half the weight. These advantages enable greater flexibility for battery power to be used across many mobile applications.\n\"As a long established and highly respected national distributor, our new relationship with AIM Wholesale represents a tremendous validation of the innovations we have introduced with our e360 lithium battery product line,\" stated Expion360 CEO, John Yozamp. \"AIM's vast network and far-reaching distribution chain strengthens our B2B wholesale distribution channel, creating a sales multiplier effect by making more Expion360 products more readily available to more dealers nationwide.\"\n\"AIM also helps to accelerate our efforts to capitalize on the ongoing market conversion from lead-acid to lithium batteries as the primary method of power sourcing for RV applications,\" added Yozamp. \"We see ourselves at just the beginning of a lengthy period of...