Expion360 Expands OEM Relationships and Distribution Network

New Relationships Projected to Add Significant Incremental Revenue for Q4 2024 and an Estimated $5.0 Million in Incremental Revenue for Fiscal Year 2025

REDMOND, Ore., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, today announced significant growth within its OEM and distribution network. In addition to strengthening our relationships with existing OEM partners, we have recently added several new OEMs and one new distributor, following our team’s attendance at the Elkhart RV Dealer Open House in September and resulting from our ongoing sales efforts to expand our customer base across the United States. The Elkhart event showcased our batteries installed in demonstration vehicles, highlighting their performance and versatility, which resonated strongly with attendees. This momentum, combined with our strategic outreach efforts nationwide, has significantly bolstered our footprint in the RV markets.