Expion360 Partners with K-Z Recreational Vehicles, a Division of Thor Industries, Inc., to Provide Advanced Lithium Battery Solutions
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 capacità off-grid dei veicoli K-Z RV.
Punti chiave:
- Il pacchetto Boondocker di K-Z RV includerà tre batterie riscaldate Expion360 da 51,2V e 60Ah Edge VHC, con la possibilità 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 offrirà 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 asociación con K-Z Recreational Vehicles, una subsidiaria de Thor Industries, para integrar la avanzada tecnología de baterías de litio de Expion360 en las ofertas premium de K-Z RV. La colaboración tiene como objetivo mejorar las capacidades fuera de la red de los vehículos K-Z RV.
Puntos clave:
- El paquete Boondocker de K-Z RV incluirá tres baterías calefaccionadas Expion360 de 51.2V y 60Ah Edge VHC, con la opción de una cuarta.
- El sistema cuenta con integración con el Cerbo GX de Victron para la comunicación en tiempo real con el sistema de gestión de baterías de Expion360.
- K-Z RV ofrecerá dos de las nuevas baterías calefaccionadas Expion360 del Grupo 27 de 100Ah VHC como una opción en su paquete solar Off the Grid.
- Las actualizaciones de baterías estarán disponibles en los modelos Durango, Durango Gold y Durango Half-Ton.
Expion360 Inc. (XPON)은 Thor Industries의 자회사인 K-Z Recreational Vehicles와 파트너십을 체결하여, Expion360의 첨단 리튬 배터리 기술을 K-Z RV의 프리미엄 제품에 통합한다고 발표했습니다. 이 협력은 K-Z RV 차량의 오프 그리드 기능을 향상시키는 것을 목표로 합니다.
주요 사항:
- K-Z RV의 Boondocker 패키지에는 세 개의 Expion360 51.2V 60Ah Edge VHC 난방 배터리가 포함되며, 네 번째 배터리를 선택할 수 있는 옵션이 있습니다.
- 이 시스템은 Expion360의 배터리 관리 시스템과 실시간 통신을 위한 Victron의 Cerbo GX와 통합되어 있습니다.
- K-Z RV는 Off the Grid 솔라 패키지에서 Expion360의 새로운 Group 27 100Ah VHC 난방 배터리 두 개를 옵션으로 제공합니다.
- 배터리 업그레이드는 Durango, Durango Gold 및 Durango Half-Ton 모델에서 사용할 수 있습니다.
Expion360 Inc. (XPON) a annoncé un partenariat avec K-Z Recreational Vehicles, une filiale de Thor Industries, pour intégrer la technologie avancée des batteries lithium d'Expion360 dans les offres premium de K-Z RV. Cette collaboration vise à améliorer les capacités hors réseau des véhicules de K-Z RV.
Points clés :
- Le package Boondocker de K-Z RV inclura trois batteries chauffées Expion360 de 51,2V et 60Ah Edge VHC, avec la possibilité d'une quatrième.
- Le système est intégré au Cerbo GX de Victron pour la communication en temps réel avec le système de gestion de batterie d'Expion360.
- K-Z RV proposera deux des nouvelles batteries chauffées Expion360 du groupe 27 de 100Ah VHC comme option dans leur package solaire Off the Grid.
- Les mises à niveau de batteries seront disponibles sur les modèles Durango, Durango Gold et Durango Half-Ton.
Expion360 Inc. (XPON) hat eine Partnerschaft mit K-Z Recreational Vehicles, einer Tochtergesellschaft von Thor Industries, angekündigt, 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-Fähigkeiten 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 für eine vierte.
- Das System bietet eine Integration mit Victrons Cerbo GX für 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 verfügbar sein.
- 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
- 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
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) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, today announced a partnership with K-Z Recreational Vehicles (“K-Z RV”), 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.
K-Z RV’s Boondocker package, renowned for its exceptional off-grid features, will now include three Expion360 51.2V 60Ah Edge VHC heated batteries, with an option to expand to a fourth battery. The integration of Expion360’s advanced battery technology and the expert system integration is provided by Wellspring Solar. The system features full integration with Victron’s Cerbo GX for real-time communication with Expion360’s battery management system (“BMS”).
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 K-Z RV.
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 www.wellspringsolar.com.
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. Please find the press release here.
The Company’s 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 expion360.com.
Edge, VHC, Vertical Heat Conduction and SmartTalk are trademarks of Expion360.
© 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,” “believe,” “aim,” “goal,” “plan,” and "anticipate," or similar expressions. Forward-looking statements included in this press release include, but are not limited to, statements relating to the Company’s anticipated collaboration and integration of the Company’s products with K-Z RV’s products. Forward-looking statements are subject to and involve risks, uncertainties, and assumptions that may cause the Company’s 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
Email Contact
External Investor Relations:
Chris Tyson, Executive Vice President
MZ Group - MZ North America
949-491-8235
XPON@mzgroup.us
www.mzgroup.us
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/60a06890-8907-4b1d-af52-103c42d03d31
FAQ
What is the partnership between Expion360 (XPON) and K-Z Recreational Vehicles?
Which Expion360 (XPON) batteries will be included in K-Z RV's Boondocker package?
What RV models will feature Expion360 (XPON) batteries as part of this partnership?
How are Expion360 (XPON) batteries integrated into K-Z RV's systems?
