Mississauga – November 23, 2021 — Worksport Ltd (Nasdaq-CM: WKSP) (the “Company”) is providing an update on the pre-production progress of its Terravis SOLIS AND COR System.
The Company is proud to report that the inaugural Terravis System, consisting of the SOLIS tonneau cover and COR energy storage system have undergone scrupulous testing and the results have exceeded expectations. Testing took place at Ontario Tech University and in Worksport’s lab in Mississauga over the last four months.
The results of the tests concluded that the Company’s Photovoltaic (“PV”) cell structures charged COR battery units to their maximum capacity of 1500Wh in times between 3 and 4 hours, meeting or exceeding all expectations. Terravis covers configured with the three SOLIS panels could charge the COR battery in less than 4 hours and the four SOLIS panels charged the COR battery in approximately 3.5 hours. The three and four panel Terravis tonneau covers used in these tests fit a regular size truck bed. A modified three-panel cover for a long truck bed recharged the COR battery in three hours.
Furthermore, Worksport’s COR units were designed to be charged in parallel to provide for as much power is desired.
The COR units were then tested to simulate powering various emergency and recreational systems. The COR demonstrated that it is capable of powering:
- a 50 PSI, 3-gallon/min water pump for 11 hours;
- a 900 W portable heater for almost 1.5 hours;
- a 1.6-cu ft mini fridge for upwards of 14 hours;
- a KOTEK 3-cu ft, 127 W large capacity freezer for 10 hours.
In addition, COR ESS displayed the ability to power a 55” 4K QLED TV in multiple trials, for upwards of 15 hours and able to charge smart phones with 3300-mAh inverters for 100 one-hour cycles.
With SOLIS and COR nearing the end of pre-production testing, meeting and exceeding all expectations, management believes that the initial Terravis System – currently available for pre-order – will be ready for full production in Q2 2022 with first deliveries to take place after Q2 2022. The Company is confident that the Terravis SOLIS & COR will be an impressive and powerful contribution to the market.
Terravis Energy (“Terravis”) was created as a research and development subsidiary for Worksport’s alternative clean energy products. Terravis’ mandate is to decarbonize transportation and shift consumer mindset toward adopting clean and sustainable energy technologies. According to Worksport’s Director of Engineering, Dr. Rafael Oliveira, R&D is already underway to maximize SOLIS and COR designs for even more capacity and power in future iterations.
