The preceding session witnessed a notable surge in the stock value of Expion360 Inc. (NASDAQ: XPON), experiencing a significant uptick of 63.21% and concluding the trading day at $3.15. This remarkable increase in XPON stock value can be directly ascribed to the acquisition of substantial pre-orders.
Expion360 (XPON) has disclosed significant pre-orders for its forthcoming generation of Group 27 and GC2 batteries, now featuring its pioneering Vertical Heat Conduction (“VHC”) technology. VHC represents an internal heating innovation exclusive to XPON, backed by patent-pending status, heralding a considerable leap forward in battery performance, particularly in frigid climates.
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In accordance with the new pre-orders, VHC will be incorporated into the next generation of Group 27 and GC2 series batteries, with shipments slated to commence in May 2024. As previously indicated, Expion360’s VHC heating technology utilizes Positive Temperature Coefficient Heating Film (“PTCHF”) to ensure even heat distribution across each cell, thereby fostering optimal battery performance even under extreme cold conditions.
The sophisticated Battery Management System offers real-time monitoring and control, augmenting operational safety and longevity in low temperatures. VHC heating technology will be accessible in the next-gen Group 27 and GC2 series, which comprise a lineup of 12V lithium iron phosphate (“LiFePO4”) batteries engineered with advanced LiFePO4 chemistry to maximize power and performance in demanding settings.
The updated versions also boast higher amp-hour 4.0Ah and 4.5Ah cell technology, as well as Bluetooth and controller area network communication capabilities. The advent of VHC heating technology marks a significant stride in battery performance, developed in direct response to customer needs and demands.
Through this innovation, Expion360 empowers customers to surmount the challenges of operating batteries in cold climates, thereby ensuring consistent performance and durability. Expion360 has meticulously designed its proprietary battery packs to seamlessly integrate its PTCHF heating element, ensuring direct contact with the top and bottom of each cell. This facilitates heating of every cell through thermal conduction, necessitating less energy and reducing the time required to warm the battery.
