Worksport LTD Unveils Strategic Relocation of Corporate Headquarters to its Facility in West Seneca, NY, Production Expected to Start Within 8 Weeks

WEST SENECA, NY, June 12, 2023 — Worksport LTD (NASDAQ: WKSP; WKSPW), a pioneering manufacturer of state-of-the-art truck bed covers, heralds an era of heightened productivity and growth with the strategic relocation of its corporate headquarters from Ontario, Canada to its U.S.-based manufacturing facility in West Seneca, New York. This decisive move is perfectly timed […]

Worksport to Introduce Higher Quality, More Powerful COR Portable Energy System for Possible Assembly in North America

Richmond Hill, Ontario, Canada, June 6, 2023 — Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is excited to provide an update on its groundbreaking COR portable battery power generator system. Since the last update in September 2022, Worksport’s power electronics engineering team has identified challenges in the production of innovative power electronics in China. The team […]

Worksport CEO to Participate in March 30th Electric Vehicle & Auto Tech Virtual Online Conference Presented by Maxim Group and hosted by M-Vest

March 22, 2023 – Richmond Hill, Ontario, Canada (Nasdaq: WKSP; WKSPW) Worksport Ltd (“Worksport” or the “Company”) is pleased to announce that Worksport CEO, Steven Rossi, is scheduled to participate in the Electric Vehicle & Auto Tech Virtual Conference, presented by Maxim Group and hosted by M-Vest, on Thursday, March 30, 2023. Mr. Rossi will […]

Worksport’s First Factory Job Fair Attracts Nearly 100 Applicants

Richmond Hill, Ontario, Canada, March 2, 2023 — Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) was pleased to welcome close to 100 applicants seeking employment at the Company’s recent job fair held on February 23, 2023 at its 220,000 sq. ft. Western New York manufacturing facility. The participants ranged from those desiring production jobs on the […]

Worksport Subsidiary Terravis Energy Completes Commercial Installations of Electric Vehicle Fast Charging Stations

West Seneca, New York – February 23, 2023 — Worksport Ltd. (Nasdaq: WKSP; WKSPW) subsidiary, Terravis Energy, Inc. (the “Company” or “Terravis Energy”), is pleased to announce that installation of its proprietary electric vehicle (EV) fast charging stations –that began in January 2023 with two direct current fast chargers at Worksport’s West Seneca, NY factory–is now […]

Worksport to Hold Job Fair at West Seneca, N.Y. Facility on Feb. 23rd

Richmond Hill, Ontario, Canada, February 16, 2023 — Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is happy to announce that it will hold a Job Fair at its new state-of-the-art U.S. based automotive accessory factory at 2500 North America Drive, West Seneca, N.Y., from 11 a.m. to 3 p.m. on Thursday, February 23rd. The Company’s […]

Worksport Ltd. Announces US$4 Million Manufacturing Line Shipped to its U.S. Factory; Estimated Arrival 1 Month Earlier than Expected.

Richmond Hill, Ontario, Canada, February 15th, 2023 — Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is pleased to announce that its US$4 million custom European manufacturing line has now begun the shipping process to the Company’s wholly-owned 222,000 sq. ft. factory in Western N.Y., with an estimated arrival date of February 28th – one […]

Worksport Approves Manufacturing Line for Shipment to Western New York Factory

Richmond Hill, Ontario, Canada, January 26, 2023 — Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is pleased to announce that the custom European manufacturing line it commissioned has passed a rigorous on-site inspection and will now be readied for shipping to the Company’s 222,000 sq. ft. factory in Western N.Y. The US$4 million machine […]

Worksport Ltd. to Increase Intellectual Property Protection with Hiring of In-house Counsel

Richmond Hill, Ontario, Canada – January 25, 2023 – Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”), today announced that it has hired Mr. Nilay Choksi, the Company’s first in-house intellectual property (IP) counsel, to provide investors with the highest level of protection for the Company’s growing portfolio of intellectual property and proprietary technologies, which it considers […]

Worksport Ltd. to Inspect Major Factory Equipment for U.S. Facility from January 19-21

Richmond Hill, Ontario, Canada, January 19, 2023 — Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is pleased to announce the inspection of its commissioned custom manufacturing line. The assessment will take place by an agent of Worksport in Europe from today January 19th to the 21st. The custom-made manufacturing line is essential to Worksport […]

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.

Worksport is redefining the energy solutions of the future.

Join our newsletter and be a part of the solution.