New LiFePO4 Battery Cell Technology Advances Planned Expansion into Home Energy and Other Verticals with a More Competitive Solution that Delivers Greater, Smarter Clean Power in the Same Form Factor
REDMOND, OR / ACCESSWIRE / September 14, 2023 / Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium-ion battery power storage solutions, has introduced a new 12 Volt 450 Ah e360 SmartTalk™ lithium iron phosphate (LiFePO4) battery featuring breakthrough cell technology that increases energy density by more than 32 percent as compared to traditional 3.4 Ah 26650 cells. Lifepo4 Lithium Iron Phosphate Battery 100ah
Delivering this energy-dense technology is an advanced re-engineered 4.5 Ah 26650 lithium-ion cell encased in a specially designed cylindrical body. The technological advancement is due to a new proprietary anode/cathode designthat increases the energy density by nearly a third while maintaining the similar cost weight and size of traditional cells.
The new battery and cell technology addresses the fast-growing global lithium-ion battery market projected to grow at a 13.2% CAGR to reach $93.3 billion by 2028, according to IMARC.
"The introduction of this breakthrough advancement in lithium cell technology demonstrates our commitment to delivering leading-edge solutions for our customers and OEM partners," stated Expion360 president and COO, Paul Shoun. "We believe by offering more smart clean power in same form factor provides us an important competitive advantage in our existing RV, overland, marine and golf markets, and especially for our planned launch for home energy and industrial applications."
Solar And Inverter The company expects its expans