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.
Worksport's CEO, Steven Rossi, reflects on the company's progress in 2022, acknowledging challenges with establishing a U.S. factory in New York due to delays in supply chain and machinery procurement. However, he confirms that these issues have been resolved, paving the way for production of Hard Folding Tonneau Covers and SOLIS solar covers. The company entered key partnerships, notably with Hyundai, and plans to complete the factory in 2023 to meet demand. With nearly $30 million in capital, Worksport aims for sustainable growth and profitability.
Worksport Ltd. (Nasdaq: WKSP) announced its participation in the Las Vegas Consumer Electronics Show (CES) from January 5-7, 2023. A special task force will engage with stakeholders on innovative zero-emission power products, including the solar-powered SOLIS tonneau cover and the portable COR battery. CEO Steven Rossi expressed excitement about connecting with potential clients and investors, validating product development, and exploring future exhibition opportunities. Worksport aims to lead in sustainable energy solutions within the automotive accessories market.
Worksport Ltd. (Nasdaq: WKSP; WKSPW) CEO Steven Rossi discussed the company's performance and innovative products, including the SOLIS solar tonneau cover and COR mobile energy storage system, during an interview on Bloomberg Radio on December 16, 2022. Rossi highlighted key market opportunities, especially in the new energy sector, emphasizing the growing demand for products that adapt to electric and gas vehicles. He noted a partnership with Hyundai and addressed concerns regarding economic challenges while expressing confidence in the resilience of the electric pickup truck market.
Worksport Ltd. (Nasdaq: WKSP) announced that CEO Steven Rossi's interview with Bloomberg Radio has been rescheduled to air at 10:45 AM EST on December 16, 2022. Rossi will cover the company's economic performance, challenges, and innovative products, including the SOLIS solar tonneau cover and the COR mobile energy storage system. The interview will be available on Bloomberg's flagship stations and streaming platforms.
Worksport Ltd. (Nasdaq: WKSP) announced that CEO Steven Rossi will be interviewed on Bloomberg Radio's "The Tape" today at 10:45 a.m. EST. Rossi will discuss the company's economic performance, future outlook, and breakthrough products, such as the SOLIS solar tonneau cover and COR mobile energy storage system. Bloomberg Radio is accessible across major U.S. cities and streaming online. Worksport focuses on sustainable energy solutions and aims to capitalize on the growing clean energy market.
Worksport Ltd. (Nasdaq: WKSP; WKSPW) is completing tooling for its COR portable energy storage system, preparing for market launch. This follows extensive research and development, with initial production-ready systems expected by late October, alongside its SOLIS tonneau cover with integrated solar panels. The CEO emphasizes the significance of these products in promoting renewable energy and reducing carbon emissions. The company is also set to engage with potential customers, including major OEMs, and is leveraging pre-sales feedback for marketing strategies.
Worksport Ltd. (Nasdaq: WKSP) has appointed Michael Scolnick as manager to oversee its new 220,000 sq. ft. assembly plant in West Seneca, NY. Scolnick brings over 25 years of manufacturing experience and is tasked with ramping up production of innovative products like the SOLIS truck bed tonneau cover with solar panels. CEO Steven Rossi emphasized this hire's significance for the company and its shareholders, marking a pivotal moment in Worksport's growth strategy. The company aims to capture the growing clean energy market with its proprietary solar solutions and energy storage systems.
Worksport Ltd. (Nasdaq: WKSP) has announced anticipated unrealized revenue of US$350,000-$450,000 from pre-orders of its innovative solar truck bed tonneau cover, SOLIS, and portable energy storage system, COR. Management attributes this success to a stronger-than-expected pre-sale performance despite minimal marketing efforts. The company plans to initiate manufacturing by Q4 2022 at its West Seneca, NY facility. CEO Steven Rossi expressed optimism about the potential disruption of the EV and energy storage markets, highlighting that customer insights gained will inform targeted marketing efforts.
Worksport Ltd. (Nasdaq: WKSP) has launched its new eCommerce platform aimed at enhancing sales of its patented truck bed tonneau covers and renewable energy solutions. The platform features products like the SC3, SC3 Pro, and SC4 covers, as well as the innovative SOLIS solar-integrated cover and COR portable energy storage system. CEO Steven Rossi emphasized the importance of this launch for controlling production and sales. The online site will also connect to major retailers such as Amazon and Wal-Mart, providing additional revenue opportunities.
