Welcome to our dedicated page for Worksport news (Ticker: WKSP), a resource for investors and traders seeking the latest updates and insights on Worksport stock.
Worksport Ltd (WKSP) delivers innovative solutions through its automotive accessories and sustainable energy systems. This news hub provides investors and industry observers with official updates on corporate milestones, product developments, and financial performance.
Access timely press releases covering earnings reports, manufacturing advancements, and technological breakthroughs in solar integration. Track strategic partnerships and regulatory filings that shape the company's position in both automotive and clean energy markets.
Our curated collection ensures transparent access to Worksport's operational updates without speculative analysis. Discover announcements about new tonneau cover designs, hydrogen energy initiatives, and intellectual property developments directly from primary sources.
Bookmark this page for streamlined monitoring of Worksport's progress in merging automotive functionality with sustainable technology. Verify all information through official SEC filings and company communications linked within each news item.
On April 12, 2023, Steven Rossi, CEO of Worksport Ltd. (Nasdaq: WKSP; WKSPW), participated in the Electric Vehicle and Auto Tech Virtual Conference. He highlighted significant advancements in EV charging solutions through TerraVis Energy, including the installation of two proprietary DC fast charging stations at Worksport’s West Seneca, NY factory. Each station has a capability of 120 kWh, currently servicing the Company’s employees' electric vehicles. Rossi emphasized a heightened customer interest in the COR battery system, stating it offers versatile off-grid power solutions. He expressed confidence in the Company’s strong market position and ongoing product development aimed at generating revenue and enhancing shareholder value.
Worksport Ltd. (Nasdaq: WKSP; WKSPW) announced that CEO Steven Rossi will participate in the Electric Vehicle & Auto Tech Virtual Conference on March 30, 2023. He will join the "New EV Charging Solutions & Products" panel at 11:00 a.m. EST. Rossi emphasized the growing opportunities in the electric vehicle market due to increased adoption and advancements in technology. The conference, hosted by Maxim Group and M-Vest, is open for registration to become a member. Other discussions will include innovations in EV charging and the future of batteries, highlighting key industry insights.
Worksport Ltd. (Nasdaq: WKSP; WKSPW) has successfully received a US$4 million custom European manufacturing line at its New York factory, one month ahead of schedule. This installation is pivotal for the production of its hard-folding tonneau covers and the SOLIS solar-charging cover for the pickup truck market. The company will commence installation and training shortly, with production expected to follow. CEO Steven Rossi highlighted this development as a significant step towards achieving anticipated revenue growth and fulfilling market readiness for their innovative products.
Worksport Ltd. (Nasdaq: WKSP; WKSPW) hosted a job fair on February 23, 2023, attracting close to 100 applicants for various roles at its manufacturing facility in Western New York. CEO Steve Rossi expressed satisfaction with the applicant pool, highlighting successful recruitment for skilled positions like machine operators and engineers. The company plans to begin hiring within 3-5 weeks to prepare for increased production of its proprietary solar and conventional light truck tonneau covers. Worksport aims to advance its growth in the sustainable energy and automotive sectors, reflecting its commitment to green solutions.
Worksport Ltd. (Nasdaq: WKSP; WKSPW) announced the completion of its electric vehicle (EV) fast charging station installations at its West Seneca, NY facility. The stations, featuring dual charge points rated at 120 kWh each, are designed to compete with leading market offerings. Additionally, the chargers utilize advanced technology to provide up to 280 kWh charging speeds, ensuring user safety with features like overcurrent protection. The Company plans further installations to enhance EV infrastructure. This initiative aligns with its commitment to clean energy solutions, including green hydrogen applications.
Worksport Ltd. (Nasdaq: WKSP; WKSPW) will host a Job Fair on February 23, 2023, at its automotive accessory factory located at 2500 North America Drive, West Seneca, NY. The factory, which will produce advanced tonneau covers, is set to commence production this Spring. The company plans to hire various positions, including machine operators and engineers, and offers competitive pay and benefits. Job applicants will enjoy a free BBQ lunch and the chance to meet the team. Interested candidates are encouraged to bring resumes or apply via email if unable to attend.
Worksport Ltd. (Nasdaq: WKSP; WKSPW) announced that its custom $4 million European manufacturing line has begun shipping to its New York facility, arriving a month ahead of schedule on February 28, 2023. This line is crucial for initiating full production of their proprietary hard-folding tonneau covers and the Solis solar cover for the pickup truck market. Following arrival, installation and training will occur, followed by test runs. CEO Steven Rossi emphasized that this milestone is vital for achieving revenue growth. The installation's success could lead to swift production ramp-up for their products.
Worksport Ltd. (Nasdaq: WKSP; WKSPW) announced that its custom European manufacturing line has passed inspection and is set for shipping to its factory in Western New York. The US$4 million machine is crucial for production of the company's American-made hard folding truck covers and is expected to arrive in March.
CEO Steven Rossi stated that this development marks a significant milestone, enabling the company to produce major components for its proprietary tonneau covers. This operational readiness aims to drive revenue growth, particularly with the anticipated launch of the SOLIS Solar Cover, as the company seeks to capitalize on the clean energy market.
Worksport Ltd. (Nasdaq: WKSP; WKSPW) announced the hiring of Nilay Choksi as its first in-house intellectual property (IP) counsel to enhance protection of its growing IP portfolio. Choksi brings over a decade of experience, most recently serving as IP Counsel for Philips. CEO Steven Rossi emphasized the importance of IP in establishing technology exclusivity and potential licensing opportunities. Worksport's IP includes patents for its tonneau covers and solar-integrated products, with plans to implement a global IP strategy under Choksi's guidance. The company aims to innovate within the automotive accessory and renewable energy sectors.
Worksport Ltd. (Nasdaq: WKSP; WKSPW) announced the inspection of a custom manufacturing line in Europe, crucial for automating the production of hard folding truck covers and components for the SOLIS solar truck bed cover system. This $4 million system will complete their 222,000 sq. ft. manufacturing facility in New York, aiming to enhance revenue and profitability. Following approval, the system is expected to arrive in late February with operational training concluding in April. The factory will emphasize sustainable practices, using recyclable materials. CEO Steven Rossi expressed optimism about accelerating production and revenue generation.
