Worksport Signs Long Term Agreement with Customer for US Factory Product and Expects US$16,000,000 in Annual Sales, Marking Significant Growth and Demand at NY Factory

Worksport Nasdaq:WKSP 16Million

West Seneca, N.Y. September 19, 2023, — Worksport Ltd. (“Worksport” or the “Company”) (Nasdaq: WKSP; WKSPW) announces it has secured a long-term supply agreement with an established, leading automotive aftermarket reseller in the U.S. Under this agreement, Worksport is on track to earn an estimated $16,000,000 USD in annual sales of its advanced hard-folding and […]

Worksport Advances Towards the Launch of SOLIS Solar Cover with Innovative COR Battery System

Worksport Nasdaq Solar CleanTech Company

West Seneca, N.Y. September 14, 2023, — Worksport (Nasdaq: WKSP; WKSPW) today announces significant strides in the development of its groundbreaking COR battery system, designed to complement the launch of the SOLIS solar cover. This cutting-edge duo is poised to empower remote power supply and extend the driving range of electric pickup trucks, thereby underscoring […]

Worksport LTD Launches Ambitious Sales Strategy, Announces Four Sales Partners For Market Growth

Nasdaq:WKSP Market Growth

West Seneca, N.Y. August 31, 2023, Worksport Ltd. (“Worksport” or the “Company”) (Nasdaq: WKSP; WKSPW) today announces a comprehensive sales strategy, demonstrating a positive stance on future growth and an unwavering commitment to maximizing return on investment for its shareholders. Initiating production in early August, Worksport’s factory rapidly secured a commanding $1.6 million order for […]

Worksport Achieves Major Milestone with First Shipment of Hard-Folding Tonneau Covers From US Facility, Order of $1,600,000 in Process

NASDAQ:WKSP

West Seneca, N.Y. August 22, 2023, Worksport (Nasdaq: WKSP; WKSPW) is thrilled to announce the successful dispatch of its first shipment of hard-folding tonneau covers, which are made in the U.S. with domestic and imported components. This major development comes on the heels of the Company initiating manufacturing earlier this month, and aligns with recent […]

Worksport Reports Revenue Growth for Q2 2023 YoY and Announces Strategic Developments in Solis Solar Cover and COR Battery Systems

Revenue Growth Nasdaq:WKSP

West Seneca, N.Y. August 15, 2023 Worksport Ltd. (Nasdaq:WKSP; WKSPW) announced year-over-year revenue growth for the second quarter of 2023. This growth is largely credited due to the Company’s focus on establishing new business-to-consumer and business-to-business sales channels. Beside the focus on new sales channels, the Company began shipping soft-folding tonneau covers following the Company’s recent […]

Worksport Presents Power Electronics Team

NASDAQ : WKSP

Richmond Hill, Ontario, Canada, August 8, 2023 — Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is pleased to present its Canadian-based Power Electronics team, a very strong group that is responsible for 100% of the Company’s renewable energy design research and development. The team, led by Director of Engineering Dr. Rafael Oliveira, consists of employees and […]

Worksport’s US$4 million European Machine Line Arrives at Company’s New York Factory.
–Installation and Training Next–

Richmond Hill, Ontario, Canada, March 14, 2023 — Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is excited to announce that its US$4 million custom European manufacturing line has arrived at the Company’s 222,000 sq. ft. factory in Western N.Y. – one month earlier than initially scheduled. The Company anticipates making final preparations for the American production of its advanced, […]

References

  1. https://www.reuters.com/world/us/five-facts-state-us-electric-vehicle-charging-network-2021-09-01/
  2. https://www.globenewswire.com/news-release/2022/07/18/2480838/0/en/Electric-Vehicle-Charging-Station-Market-Size-Worth-USD-111-90-Billion-Globally-by-2028-at-30-26-CAGR.html
  3. https://www.simplyinsurance.com/how-many-homeowners-in-the-us/
  4. https://www.fortunebusinessinsights.com/portable-power-station-market-105508
  5. https://en.wikipedia.org/wiki/Plug-in_electric_vehicles_in_the_United_States#:~:text=As%20of%20December%202021%2C%20cumulative,led%20by%20all%2Delectric%20cars.
  6. https://www.globenewswire.com/news-release/2022/07/27/2486587/0/en/Electric-Vehicle-Market-Size-Worth-USD-1-318-22-Billion-Globally-by-2028-at-24-3-CAGR-Fortune-Business-Insights.html
  7. https://hedgescompany.com/blog/2019/11/most-popular-trucks-in-america/#:~:text=Total%20new%20registrations%20of%20light,be%20around%202.5%20million%20units.
  8. https://www.globenewswire.com/news-release/2022/06/24/2468715/0/en/The-United-States-Tonneau-Covers-market-is-expected-to-grow-at-a-CAGR-of-8-6-during-2022-2027.html#:~:text=filingsmedia%20partners-,The%20United%20States%20Tonneau%20Covers%20market%20is%20expected%20to%20grow,of%208.6%25%20during%202022%2D2027
  9. https://www.whitehouse.gov/briefing-room/statements-releases/2021/04/22/fact-sheet-president-biden-sets-2030-greenhouse-gas-pollution-reduction-target-aimed-at-creating-good-paying-union-jobs-and-securing-u-s-leadership-on-clean-energy-technologies/
  10. https://www2.deloitte.com/us/en/insights/focus/future-of-mobility/electric-vehicle-trends-2030.html
  11. https://www.globenewswire.com/en/news-release/2022/04/04/2415710/0/en/Battery-Energy-Storage-Market-Size-2021-2029-worth-USD-31-20-Billion-exhibiting-a-CAGR-of-16-3.html
  12. https://www.whitehouse.gov/briefing-room/statements-releases/2022/06/30/fact-sheet-health-sector-leaders-join-biden-administrations-pledge-to-reduce-greenhouse-gas-emissions-50-by-2030/#:~:text=The%20health%20care%20sector%20accounts,net%2Dzero%20emissions%20in%202050.
  13. https://policyoptions.irpp.org/magazines/september-2022/clean-electricity-genuinely-net-zero/#:~:text=In%202021%2C%20the%20federal%20government,permanent%20storage%20of%20atmospheric%20carbon.

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