Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”),
an industry leader in lithium-ion battery power storage solutions,
announced a new e-commerce retail partnership with Tractor Supply
Company (“Tractor Supply”), the largest rural lifestyle retailer in
the United States, to offer Expion360 products online for shipment
to customers in 49 states.
For more than 85 years, Tractor Supply has been
passionate about serving the needs of recreational farmers,
ranchers, homeowners, gardeners, and pet enthusiasts. Tractor
Supply operates over 2,200 stores in 49 states and its e-commerce
website, and currently sells a wide variety of parts, accessories
and batteries for automotive, RV, camper, and marine
applications.
Beginning in June 2024, Expion360 products are
expected to be available on Tractor Supply’s website, including
Group 24 and Group 27 batteries, Aura Power Cap and our portable
solar bundle to start.
"Our partnership with Tractor Supply represents
an exciting opportunity to bring Expion360’s advanced battery
technology to more consumers across the country and expand our
market presence," said Brian Schaffner, Chief Executive Officer of
Expion360. "We believe this collaboration marks an important
milestone for Expion360, with our innovative products accessible
through another major retail outlet and the largest rural lifestyle
retailer in the US. We believe our lithium battery line and
accessories will be attractive to Tractor Supply customers shopping
online to outfit and upgrade their outdoor lifestyles.
“Tractor Supply customers’ needs are dynamic,
and we are excited to begin serving the recreational farmers,
ranchers and homeowners that rely on Tractor Supply to support and
maintain their rural lifestyle,” concluded Schaffner.
For more information about Expion360 and its
range of products, please visit www.expion360.com.
About Tractor Supply
Company
Tractor Supply (Nasdaq: TSCO) is the largest
rural lifestyle retailer in the U.S., ranking 291 on the Fortune
500. Tractor Supply’s more than 50,000 team members are known for
delivering legendary service and helping customers pursue their
passions, whether that means being closer to the land, taking care
of animals or living a hands-on, DIY lifestyle. In store and
online, Tractor Supply provides what customers need – anytime,
anywhere, any way they choose at the low prices they deserve. As of
March 30, 2024, Tractor Supply operated 2,233 stores in 49 states.
For more information on Tractor Supply, visit
www.tractorsupply.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 timing of commercial availability of its
products on Tractor Supply’s website and beliefs about its customer
base and market opportunity. 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,
CEO541-797-6714Email Contact
External Investor Relations:Chris Tyson,
Executive Vice PresidentMZ Group - MZ North
America949-491-8235XPON@mzgroup.us www.mzgroup.us
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