Production of Worksport’s Terravis System Will Commence in The First Half of 2022
Worksport Ltd. (Nasdaq: WKSP) has reported significant progress in the pre-production of its Terravis SOLIS and COR Energy Storage System. Over four months of rigorous testing at Ontario Tech University have shown that the system's PV cells charge the COR units to full capacity (1500Wh) in 3-4 hours. The COR units can power various devices, including a water pump for 11 hours and a mini fridge for 14 hours. The company anticipates full production readiness in Q2 2022, offering strong potential for market impact.
- Terravis SOLIS and COR systems exceeded performance expectations during testing.
- Charging times for the COR units were impressive: 3-4 hours to full capacity.
- The COR unit successfully powered multiple devices for extended periods, indicating strong functionality.
- Company aims for full production readiness by Q2 2022.
- None.
Mississauga, Nov. 23, 2021 (GLOBE NEWSWIRE) -- 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:
1. a 50 PSI, 3-gallon/min water pump for 11 hours;
2. a 900 W portable heater for almost 1.5 hours;
3. a 1.6-cu ft mini fridge for upwards of 14 hours;
4. 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.
About Worksport Ltd.
Worksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. Worksport Ltd. seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and NP (Non-Parasitic), Hydrogen-based technology. For more information, please visit www.worksport.com, www.investworksport.com and www.goterravis.com.
Connect with Worksport:
Please follow the company’s social media accounts on Twitter, Facebook, Linkedin, and Instagram, as well as sign up for the company’s newsletters at www.worksport.com or www.investworksport.com. Worksport Ltd. strives to provide frequent updates of its operations to its community of investors, clients, and customers to maintain the highest level of visibility.
For additional information, please contact:
Steven Obadiah
Business Development Manager
Worksport Ltd.
T: 1-(888) 506-2013
E: investors@worksport.com
W: www.investworksport.com
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