Worksport Announces US$1.6MM Order for Its Hard-Folding Covers in Anticipation of Production Start, Solidifying Growth in Tonneau Cover Market

West Seneca, New York, United States, July 25, 2023 — Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) is thrilled to announce a substantial US$1,600,000 purchase order for its advanced hard-folding tonneau covers. This significant order follows closely on the heels of the Company’s recently reported US$720,000 purchase orders for its innovative soft-folding tonneau […]

Worksport Ltd. Receives US$720,000 in Purchase Orders for Innovative Soft-Folding Tonneau Covers; Commences Shipping from US Manufacturing Facility

West Seneca, New York, United States, July 13, 2023 — Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) is delighted to report it has received four substantial purchase orders for its innovative soft-folding tonneau covers. The purchase orders total US$720,000, with each purchase order representing a value of US$180,000. Moreover, the Company’s wholly owned […]

Worksport Announces Final Training and Validation of New U.S. Manufacturing Line. Production Expected to Start in Upcoming Weeks

Worksport Manufacturing line Validation

West Seneca, New York, United States, July 11, 2023 – Worksport Ltd. (NASDAQ: WKSP; WKSPW) today announces the Company’s significant progress in its operational developments, in particular, the initiation of final training and validation processes for their new U.S. manufacturing line of hard-folding tonneau covers. Over the next several weeks, a wave of operational readiness […]

Worksport Ltd. To Apply for ISO 9000 Certification

Richmond Hill, Ontario, Canada, June 20, 2023 – Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is excited to announce that it plans to apply for ISO 9000 certification, an internationally recognized standard for quality management systems, for its wholly owned 220,000 sq. ft. Western N.Y. manufacturing facility. With a new manufacturing line in the test and training phase, the Company expects soon to […]

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 Completes Installation of Custom Manufacturing Line, Ready for Training, Tests and Finalization of Assembly Line for Production

Richmond Hill, Ontario, Canada, May 4, 2023 — Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is pleased to announce that it has completed the installation of its US$4 million custom European manufacturing line, which was delivered to the Company’s facility in West Seneca, New York earlier than expected this past March, allowing Worksport to begin rigorously training its staff and […]

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 […]

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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