Expion360 selected by Imperial Outdoors as the exclusive supplier of lithium-ion batteries for new Extreme Overland RV Campers

REDMOND, OR / ACCESSWIRE / January 3, 2023 / Expion360 Inc. (NASDAQ:XPON), an industry leader in lithium-ion battery power storage solutions, has been selected as the exclusive supplier of high-energy lithium-ion batteries for a new off-grid, extreme off-road RV camping suite manufactured by Imperial Outdoors. The win for Expion360 is based on a multi-year supplier relationship with the manufacturer.

Expion360’s state-of-the-art 360Ah e360 Li-ion batteries will provide high-capacity, energy-dense storage for rooftop solar power systems on Imperial Outdoors’ newly introduced XploreRV X145 and X195 RVs. The system makes hot summer camping more enjoyable by operating a built-in DC air conditioner that requires 2,000 watts of power to operate. Such power is not practical with traditional lead-acid batteries.

The rugged campers have the same heavy-duty construction and insulation that keep an ice fisherman warm in -40° Fahrenheit temperatures. To traverse the roughest terrain or deep snow, their reinforced chassis rolls on large off-road tires with more than 20 inches of ground clearance. All in all, these capabilities eliminate the traditional off-season and introduce a new world of extreme offline winter camping.

“We’ve always taken great pride in equipping our RV campers with the best quality components available on the market, and e360 batteries were no exception,” stated Imperial Outdoor co-principal, Deanna Nelson. “They can withstand the toughest backroad use, yet in the most energy-dense, compact form factor, which is key for practical off-road camping use, such as for running air conditioning systems while offline.”

Expion360 has already begun shipping lithium batteries to Imperial Outdoors for installation, with the extreme off-road RV campers available for purchase today through Imperial Outdoors dealerships nationwide.

“Imperial Outdoors’ premium, all-weather, all-terrain campers require the most rugged and reliable on-board electrical systems available today, so we build our batteries with premium components and expert assemblies to meet this challenge,” commented the Expion360 CEO. , John Yozamp. “Our Expion360 batteries can Power the Pursuit™ of overland adventurers for any season of the year.”

Due to their superior design and quality materials, such as the use of lithium iron phosphate (LiFePO4), Expion360 lithium batteries deliver greater capacity and space savings compared to lead-acid batteries, and have better construction and reliability compared to other Li-ion batteries. on the market. Specially reinforced, fiberglass-infused, high-quality ABS and solid mechanical connections provide the highest performance and safety.

e360 batteries can have a lifespan of 12 years, or three to four times that of most lead-acid batteries. Despite being half the weight, e360 batteries can also provide three times the power and 10 times the number of charge cycles compared to standard lead-acid batteries. With Expion360 batteries, adventurers can enjoy the most beautiful and remote places even longer and in greater comfort.

“In addition to providing superior performance in harsh environments, our exclusive Li-ion battery supply agreement with Imperial Outdoors also reflects the exceptional engineering support we provide to our OEM partners,” added Yozamp. “We believe our technology innovation and integration, matched with our hands-on customer education and training, sets us apart from other Li-ion battery suppliers in the country. We see this as a winning combination.”

This Imperial Outdoor win follows the recent announcement that Expion360 has been selected by another manufacturer as the exclusive supplier of high-energy lithium-ion batteries for overland trailers to be branded and sold by a top US sports utility vehicle manufacturer.

Expion360 Li-ion batteries are available today through more than 213 dealers, wholesalers, private-label customers and OEMs across the country. To find your local Expion360 dealer or to purchase Expion360 batteries and accessories online, go to expion360.com.

About Imperial OutdoorsImperial Outdoors is a leading manufacturer of true four-season, off-road capable campers designed for those looking to take their RV on an outdoor adventure. From the inside out, Imperial Outdoors products are fully finished with premium materials and selected with the best accessories and electronics available. The company pays special attention to the functionality and usability of its products, not just the aesthetics, to ensure the best user experience and quality possible. With stronger construction, better insulation and a strong focus on weight reduction, Imperial Outdoors is built from the ground up with owner satisfaction in mind.

The company’s Imperial XploreRV product line combines the same construction and insulation methods that keep an ice fisherman warm in -40°F temperatures, with a reinforced chassis that boasts 20+ inches of ground clearance and large off-road tires. XploreRV eliminates the “off season” and will make you rethink your attitude about winter camping. For more information, go to imperial-outdoors.com.

About Expion360Expion360 is an industry leader in premium lithium batteries and accessories for recreational vehicles and the marine industry, with planned expansion into residential and industrial applications. The company sources, assembles and white-labels components and finished products.

Founded in 2016 by CEO John Yozamp, Expion360 designs and engineers its batteries from its headquarters in Redmond, Oregon. To learn more about the company, visit expion360.com.

Forward-Looking Statements and Safe Harbor Notice All statements other than statements of historical fact included in this press release are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). In general, such forward-looking statements include statements about our expectations, possible or assumed future actions, business strategies, events or results of operations, including statements about our expectations or predictions or future financial or business performance or conditions and those statements that use forward-looking words such as “projected”, “expect”, “potential” and “anticipate”, or similar expressions. The achievement or success of the matters covered by such forward-looking statements involves significant risks, uncertainties and assumptions. Actual results could differ materially from current projections or implied results. Factors that could cause such differences include those discussed in our filings with the SEC. Investors should read the risk factors set forth in the Company’s Prospectus filed with the SEC on April 4, 2022, prior 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 statements and assumptions made in this news release constitute forward-looking statements and make no guarantee of future performance. Forward-looking statements are based on management’s estimates and opinions at the time the statements are made. The information presented here speaks only as of the date hereof. The Company and its management have no obligation, and expressly disclaim any obligation, to update, amend or otherwise revise any forward-looking statements after the date of this news release, whether as a result of new information, future events or otherwise, except as required by law.

“e360” and “Power the Pursuit” are trademarks of Expion360, Inc.

Expion360 Contact:John Yozamp, CEOTel (541)797-6714

Expion360 Investor Contact: Ronald Both CMA Investor Relations Tel (949) 432-7566 Email contact

Expion360 Media Contact:Tim RandallCMA Media RelationsTel (949) 432-7572Email contact

Imperial Outdoors Contact: Deanna Nelson, Co-Principalimperial-outdoors.com Email Contact

Sodium-ion batteries are an emerging technology with promising cost, safety, sustainability and performance advantages over commercialized lithium-ion batteries.

Who are the top 5 lithium producers?

country	Mine Production (metric tons)	Reserves (metric tons)
Australia	55,000	5,700,000
Chile	26,000	9,200,000
China	14,000	1,500,000
Argentina	6,200	2,200,000

What is the best lithium to buy?

Who is the best producer of lithium? Albemarle Corp. Albemarle is the largest company on the list and the largest lithium producer in the world. Albemarle operates the only active lithium mine in the United States, located in Silver Peak, Nevada.

Which lithium company will Tesla buy?

At the end of 2021, Tesla signed a fresh three-year lithium supply deal with top lithium producer Ganfeng (OTC Pink:GNENF,SZSE:002460). The Chinese company will supply products to Tesla for three years starting in 2022.

Which lithium mining company is Tesla buying? Tesla buys lithium for its batteries directly from mines. In spring 2022, the company reportedly signed two significant contracts with Australian mining operators; specifically, the lithium spodumene concentrate comes from Core and Liontown Resources. In addition, Tesla buys lithium hydroxide from Ganfeng.

Will Tesla buy Piedmont lithium?

The automaker has agreed to buy about one-third of Piedmont’s planned 160,000-ton annual spodumene lithium production for at least five years.

Is Piedmont lithium still a buy? 5 Wall Street equities research analysts have issued “buy”, “hold” and “sell” ratings for Piedmont Lithium in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equity research analysts is that investors should “buy” PLL stock.

Does Piedmont Lithium have a deal with Tesla? The Agreement covers a fixed commitment representing approximately one-third of Piedmont’s planned SC6 production of 160,000 tons per year for the initial five-year term as well as an additional amount to be delivered at Tesla’s option.

What battery company is Tesla buying?

Sign up for Reuters for free and get the full story. Panasonic unveiled the 4680 format battery (46 millimeters wide and 80 millimeters high) in October. About five times larger than batteries it currently supplies to Tesla, it is also expected to help the US electric vehicle maker lower production costs.

Who is Tesla’s largest battery supplier? Panasonic and LG Energy Solutions are the main suppliers of nickel-and-cobalt cells to Tesla.

What country is richest in lithium?

With 8 million tons, Chile has the world’s largest known lithium reserves. This puts the South American country ahead of Australia (2.7 million tons), Argentina (2 million tons) and China (1 million tons).

Who owns most of the world’s lithium? Australia accounted for 52% of global lithium production in 2021 and was the number 1 lithium mining country in the world. Chile ranked #2 with its 24.5% share followed by China’s 13.2% share.

Is the US rich in lithium?

The United States of America has a lot of natural resources. However, when it comes to lithium specifically, the United States is not one of the top producers of lithium in the world. According to data from the US Geological Survey, the United States has a total of 750,000 tons of lithium reserves.

Why isn’t lithium mined in the US? Despite dozens of potential lithium mines in the United States and Canada, most projects are in various stages of development and many are years away from production, especially with environmental lawsuits delaying development due to multiple entry points for litigation in US regulatory law.

Which country has the most untapped lithium?

Chile has 9.2 million tons of lithium in total. As a result, it tops the list of lithium reserves by country by some distance. However, there are some other countries that also have significant reserves of lithium. Australia has the second largest lithium reserves in the world with 5.7 million tonnes.

Which country sells the most lithium? The company outlines that Asia-Pacific held the highest share of the lithium market in 2021, mainly due to the dominance of Australia, whose production is estimated to increase by a whopping 24.5% this year to sit at 68.5 kilotons.

Is Ukraine rich in lithium? According to preliminary estimates, researchers believe that Ukraine is a treasure trove of lithium, containing about 500,000 tons of the non-renewable mineral that makes renewable energy possible.â Lithium has become almost irreplaceable in electric vehicle (EV) batteries. due to its efficient energy storage per …

What country has the most lithium?

With 8 million tons, Chile has the world’s largest known lithium reserves. This puts the South American country ahead of Australia (2.7 million tons), Argentina (2 million tons) and China (1 million tons).

Which country has the most unused lithium? Chile has 9.2 million tons of lithium in total. As a result, it tops the list of lithium reserves by country by some distance. However, there are some other countries that also have significant reserves of lithium. Australia has the second largest lithium reserves in the world with 5.7 million tonnes.

Who is the largest producer of lithium? Australia accounted for 52% of global lithium production in 2021 and was the number 1 lithium mining country in the world. Chile ranked #2 with its 24.5% share followed by China’s 13.2% share. In total, Australia, Chile and China produce 90% of lithium production in the world.

Is Ukraine rich in lithium?

According to preliminary estimates, researchers believe that Ukraine is a treasure trove of lithium, containing about 500,000 tons of the non-renewable mineral that makes renewable energy possible.â Lithium has become almost irreplaceable in electric vehicle (EV) batteries. due to its efficient energy storage per …

Is the war in Ukraine about lithium? “Lithium may not be the reason for the invasion, but there is a reason why Ukraine is so important to Russia. And that is its mineral base,” said Rod Schoonover, former director of the National Intelligence Agency’s Directorate of Environment and Natural Resources. American newspaper “The New York Times”.

Does Ukraine have a large deposit of lithium? Ukrainian researchers have estimated that the eastern region of the country contains close to 500,000 tons of lithium oxide, a source of lithium that is critical for the production of the batteries that power electric vehicles.

What is the Ukraine rich in?

Ukraine has extremely rich and complementary mineral resources in high concentrations and close proximity to each other. The country has abundant reserves of coal, iron ore, natural gas, manganese, salt, oil, graphite, sulfur, kaolin, titanium, nickel, magnesium, timber, and mercury.

What is the economy of Ukraine based on? The country’s economy is based on multi-sectoral industry, agriculture and services.

What country sells the most lithium?

The company outlines that Asia-Pacific held the highest share of the lithium market in 2021, mainly due to the dominance of Australia, whose production is estimated to increase by a whopping 24.5% this year to sit at 68.5 kilotons.

Where does the US get most of its lithium from? Aerial photo of the Silver Peak Lithium Mine in Silver Peak, Nevada. The facility is the United States’ only lithium producer. Much of that demand comes from the booming global EV market, with sales reaching historic levels last year and on track to do so again in 2022, according to the International Energy Agency.

Who is Tesla buying lithium from?

Tesla buys lithium for its batteries directly from mines. In spring 2022, the company reportedly signed two significant contracts with Australian mining operators; specifically, the lithium spodumene concentrate comes from Core and Liontown Resources. In addition, Tesla buys lithium hydroxide from Ganfeng.

Who is Tesla’s new battery supplier? Panasonic plans to produce new 4680 cells for Tesla at the new Kansas plant.

Where does Tesla get minerals for batteries? Inside the only producer of lithium in the United States, which supplies the critical mineral used in Tesla batteries, EV manufacturers. Silver Peak has been producing lithium since the 1960s, and is currently the only lithium production site in the United States.

Will we run out of lithium soon?

The supply crunch won’t hit right away. Although the price of lithium has increased more than tenfold over the past two years, there is enough capacity to meet projected demand until about 2025—and possibly until 2030 if enough recycling operations come online. After that, chronic shortages are expected.

Does lithium have a future? Lithium demand is expected to rise from 500,000 tons of lithium carbonate equivalent (LCE) in 2021 to somewhere between three million and four million tons in 2030. This conventional lithium supply is expected to grow by more than 300% between 2021 and 2030.

What will replace lithium in the future? Sodium-ion batteries hold great promise. They are energy dense, nonflammable, and perform well in cooler temperatures, and sodium is cheap and abundant. Moreover, sodium-based batteries will be more environmentally friendly and even less expensive than lithium-ion batteries are becoming now.

Will there be a shortage of lithium in the future?

The IEA says the world could face a shortage of lithium by 2025.

How long will the world supply of lithium last? Because lithium is not an infinite resource. In fact, according to Kipping, once EVs dominate the car market, there is about 70 years worth of lithium until the identified global reserves are themselves exhausted.

How long will the lithium shortage last? The lithium supply shortage, which has car and battery makers scrambling to break even in mines, will continue for at least the rest of this decade and into the 2030s, according to a key adviser to the London Metals Exchange.

What happens when the world runs out of lithium?

Lithium depletion An inability to produce enough lithium would result in severe delays to the development and implementation of electric transport and renewable energy – as such, it is fair to question whether there is enough of the prized element to meet global needs. .

What will replace lithium? Magnesium. Magnesium can theoretically carry a significant charge of 2, more than either lithium or sodium. Because of this, batteries made from the material would have higher energy density, more stability and lower cost than lithium-ion equivalents used today, according to researchers.

How much Estimated lithium is left on earth and when will supplies run out?

The IEA says the world could face a lithium shortage by 2025. And Credit Suisse says lithium demand could triple between 2020 and 2025, meaning “supply would be tight.” Campaign group Transport and Environment says there is only enough lithium to produce up to 14 million EVs in 2023, Reuters reports.

Will the earth ever run out of lithium? Lithium is known for its role in laptops and smart batteries but it is also a key component of electric vehicles, again, to create a power supply. Unfortunately, the planet seems to be running out of this important substance. It is also quite rare around the world.

In what year is demand for lithium expected to exceed supply? Market Balance Forecasts: Lithium Demand to Outpace Supply by 2025. Annual lithium demand is forecast to reach about 1.5 million tons of lithium carbonate equivalent by 2025 and more than 3 million tons by 2030. This 2025 forecast calls for a tripling of demand seen

Are lithium mines destroying Earth?

The demand for lithium for EV batteries is driving a mining boom in the arid Andean region of Argentina, Chile and Bolivia, home to half of the world’s reserves. Hydrologists warn that the mines could deplete vital ecosystems and deprive indigenous communities of precious water.

Is lithium more harmful to the environment? Lithium mining is a source of pollution and can have negative environmental effects. However, there is no reason to think that it will have a worse effect than the ongoing one caused by pumping oil from the deep ground, refining it and transporting it to gas stations worldwide (by boat and car).