Worksport ($WKSP) Further Expands Product Line with HD3 Premium Tri-Fold Cover, Building on AL4 Momentum and Teasing COR & SOLIS Innovations
New Tri-Fold Model Expected to Launch in Spring 2025 Joins AL4 in Diversifying Product Mix, Driving Revenue Growth, Underscoring the Company’s Expanding Multichannel Market Vision
West Seneca, New York, January 7, 2025 — Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is excited to announce a new premium tri-fold tonneau cover model, branded as HD3, with production planned for Spring 2025. Building on the success of the AL3 product line, the HD3 cover introduces an enhanced tri-fold design with user-friendly features tailored to meet the needs of Worksport's business-to-business (“B2B”) dealer network.
Management Commentary
"Seeing strong appetite for increased product offerings, Worksport continues to expand its product lineup with the upcoming HD3 premium cover, building on our successful AL3 cover and preparing to stand alongside our AL4 cover," said Steven Rossi, CEO of Worksport Ltd. "In parallel, we are moving steadily towards the commercial launch our COR and SOLIS systems, which we believe will open a significant new growth pathway for us. By addressing a wide range of consumer needs—from advanced tonneau covers for Ford, Chevrolet, GMC, Ram, Toyota, Nissan, and Honda trucks, to sustainable power solutions—we anticipate robust growth in 2025 and a bright future for Worksport."
HD3 and AL4 to Elevate Worksport’s Growth
The newly announced HD3 launch follows the imminent AL4, which is already in production and expected to begin shipping within January 2025. Worksport anticipates that HD3 will build on AL3’s proven success, delivering an even more user-friendly experience, improved functionality, and expanded compatibility to meet various market demands. The Company believes this expanded lineup will help drive additional revenue growth and strengthen its position within the tonneau cover industry.
The Worksport HD3 tonneau cover is expected to strengthen Worksport’s product lineup, making it more comprehensive and well rounded.
COR & SOLIS Clean-Tech Innovations Progressing
After the HD3 rollout, Worksport plans to introduce its COR mobile power system and SOLIS solar tonneau cover, both currently in alpha-release. These flagship clean-tech solutions are expected to tap into multi-billion-dollar markets, potentially driving Worksport’s transformation into a major player in sustainable automotive solutions. The Company believes that leveraging both advanced tonneau covers, and clean-tech products will further accelerate its revenue trajectory in 2025 and beyond.
See Worksport’s COR & SOLIS Product Brochure: Here
Subsidiary Update: Terravis Energy (“TVE”)
Worksport is also pleased to note the ongoing development at its subsidiary TVE, where exciting engineering breakthroughs are taking shape. Management expects to share more details on TVE’s progress in the coming weeks, underscoring the Company’s broader vision of aligning advanced manufacturing with next-generation energy solutions.
Read More Worksport Press Releases: [Link to Worksport Press Releases].
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