Expion360 soars on Lithium-ion supply deal with top U.S. SUV manufacturer
23/12/2022 13:15
** Shares of lithium-ion battery maker Expion360 Inc
XPON.O more than triple in value in premarket trading
** XPON up 218.5% at $3.25 trading in heavy volumes
** XPON says it has been selected as exclusive supplier of
high-energy lithium-ion batteries for an overland trailer to be
branded and sold by a top U.S. sports utility vehicle
manufacturer
** Co plans to begin shipping lithium batteries to
manufacturer by Q1 2023
(Reporting by Shashwat Chauhan in Bengaluru)
((Shashwat.Chauhan@thomsonreuters.com))