Worksport ($WKSP) Further Expands Product Line with HD3 Premium Tri-Fold Cover, Building on AL4 Momentum and Teasing COR & SOLIS Innovations
Worksport (NASDAQ: WKSP) has announced the expansion of its product line with a new premium tri-fold tonneau cover, the HD3, scheduled for production in Spring 2025. This follows the imminent launch of their AL4 model, which begins shipping in January 2025.
The HD3 will feature enhanced design elements including a six-point latching system, premium security, and hydrophobic Diamond Shield ceramic infused finish, with a minimum advertised price of $799. The product joins Worksport's existing lineup alongside the entry-level AL3 ($699) and premium four-fold AL4 ($999).
The company is also progressing with its COR mobile power system and SOLIS solar tonneau cover, currently in alpha-release. These clean-tech innovations are positioned to enter multi-billion-dollar markets. Additionally, Worksport's subsidiary Terravis Energy is developing engineering breakthroughs, with more details expected in coming weeks.
Worksport (NASDAQ: WKSP) ha annunciato l'espansione della sua linea di prodotti con un nuovo telo copertura tri-fold premium, l'HD3, programmato per la produzione nella primavera del 2025. Questo segue il lancio imminente del loro modello AL4, che inizierà le spedizioni a gennaio 2025.
L'HD3 presenterà elementi di design migliorati, tra cui un sistema di chiusura a sei punti, sicurezza premium e una finitura idrofobica Diamond Shield infusa in ceramica, con un prezzo pubblicizzato minimo di $799. Il prodotto si unisce all'attuale gamma di Worksport insieme al modello entry-level AL3 ($699) e al quattro-fold premium AL4 ($999).
L'azienda sta anche progredendo con il suo circuito di alimentazione mobile COR e il telo solare SOLIS, attualmente in fase alpha. Queste innovazioni clean-tech sono pronte ad entrare in mercati multimiliardari. Inoltre, la sussidiaria di Worksport, Terravis Energy, sta sviluppando innovazioni ingegneristiche, con ulteriori dettagli attesi nelle prossime settimane.
Worksport (NASDAQ: WKSP) ha anunciado la expansión de su línea de productos con una nueva cubierta de lona tri-fold premium, el HD3, programada para producción en primavera de 2025. Esto sigue el lanzamiento inminente de su modelo AL4, que comenzará a enviarse en enero de 2025.
El HD3 contará con elementos de diseño mejorados que incluyen un sistema de cierre de seis puntos, seguridad premium y un acabado cerámico infundido con Diamond Shield que es hidrofóbico, con un precio mínimo anunciado de $799. El producto se une a la gama existente de Worksport junto con el modelo de entrada AL3 ($699) y el AL4 de cuatro pliegues premium ($999).
La empresa también está avanzando con su sistema de energía móvil COR y la cubierta solar SOLIS, actualmente en versión alfa. Estas innovaciones de tecnología limpia están posicionadas para entrar en mercados multimillonarios. Además, la subsidiaria de Worksport, Terravis Energy, está desarrollando innovaciones ingenieriles, con más detalles esperados en las próximas semanas.
Worksport (NASDAQ: WKSP)는 새로운 프리미엄 트라이폴드 토너 커버인 HD3의 제품 라인 확장을 발표했으며, 2025년 봄에 생산될 예정입니다. 이는 2025년 1월에 배송을 시작하는 AL4 모델의 임박한 출시에 이어지는 것입니다.
HD3는 여섯 개 포인트 잠금 시스템, 프리미엄 보안 및 수소폰카 우수한 다이아몬드 실드 세라믹 풍합 마감과 같은 향상된 디자인 요소를 특징으로 하며, 최소 광고가는 $799입니다. 이 제품은 Worksport의 기존 라인업에 AL3 ($699)과 프리미엄 포폴드 AL4 ($999)와 함께 추가됩니다.
회사는 현재 알파 출시 중인 COR 모바일 전력 시스템 및 SOLIS 태양광 토너 커버 역시 추진하고 있습니다. 이러한 클린 테크 혁신은 수십억 달러 규모의 시장에 진입할 것으로 보입니다. 또한, Worksport의 자회사 Terravis Energy는 엔지니어링 혁신을 개발하고 있으며, 자세한 사항은 다음 몇 주 내에 발표될 예정입니다.
Worksport (NASDAQ: WKSP) a annoncé l'expansion de sa gamme de produits avec une nouvelle couverture tondeau tri-fold premium, le HD3, prévue pour production au printemps 2025. Cela fait suite au lancement imminent de leur modèle AL4, qui commence à être expédié en janvier 2025.
Le HD3 proposera des éléments de design améliorés, incluant un système de verrouillage à six points, une sécurité premium et une finition en céramique infusée de Diamond Shield hydrophobe, avec un prix minimum annoncé de 799 $. Le produit vient rejoindre la gamme existante de Worksport à côté du modèle d'entrée de gamme AL3 (699 $) et du AL4 quatre-pli premium (999 $).
L'entreprise progresse également avec son système d'alimentation mobile COR et sa couverture tondeau solaire SOLIS, actuellement en version alpha. Ces innovations technologiques propres sont prêtes à entrer sur des marchés de plusieurs milliards de dollars. De plus, la filiale de Worksport, Terravis Energy, développe des percées technologiques, avec d'autres détails attendus dans les semaines à venir.
Worksport (NASDAQ: WKSP) hat die Erweiterung seiner Produktlinie mit einer neuen hochwertigen Tri-Fold-Tonneau-Abdeckung, dem HD3, angekündigt, die für die Produktion im Frühjahr 2025 eingeplant ist. Dies folgt auf die bevorstehenden Markteinführung ihres Modells AL4, das im Januar 2025 versandt wird.
Der HD3 wird verbesserte Designelemente bieten, darunter ein Sechs-Punkte-Verschlusssystem, Premium-Sicherheit und eine hydrophobe Diamond Shield Keramik-beschichtete Oberfläche, mit einem minimalen angegebenen Preis von 799 $. Das Produkt reiht sich in die bestehende Produktpalette von Worksport neben dem Einstiegsmodell AL3 (699 $) und dem vierteiligen Premium-Modell AL4 (999 $) ein.
Das Unternehmen arbeitet auch an seinem COR mobilen Stromsystem und dem SOLIS Solartonneau-Cover, das sich derzeit in der Alpha-Version befindet. Diese sauberen Technologien sind darauf ausgelegt, in milliardenschwere Märkte einzutreten. Darüber hinaus entwickelt die Tochtergesellschaft von Worksport, Terravis Energy, technologische Durchbrüche, mit weiteren Details, die in den kommenden Wochen erwartet werden.
- Launch of new premium HD3 model expands product portfolio
- AL4 model ready for shipping in January 2025
- All products manufactured in USA with premium materials
- Strategic pricing structure across product line ($699-$999)
- Development of COR and SOLIS clean-tech solutions targeting multi-billion dollar markets
- HD3 production not starting until Spring 2025
- COR and SOLIS still in alpha-release phase with no specific launch timeline
Insights
The HD3 premium tri-fold cover launch represents a strategic product line expansion that positions Worksport to capture additional market share in the $2.5 billion tonneau cover market. The tiered pricing strategy (<money>$699</money>, <money>$799</money>, <money>$999</money>) across AL3, HD3 and AL4 models creates clear value differentiation and targets distinct customer segments. The enhanced features of HD3, including the six-point latching system and superior weather protection, address key customer pain points while maintaining healthy profit margins.
The parallel development of COR and SOLIS systems signals a transformation from a pure-play tonneau cover manufacturer to an integrated automotive technology company. This diversification reduces market risk and opens new revenue streams in the rapidly growing clean energy sector.
The commitment to US-based manufacturing across all product lines indicates strong supply chain control and quality assurance. The specialized alloy materials and advanced finishing processes, particularly the hydrophobic Diamond Shield ceramic coating, suggest significant manufacturing capabilities and competitive advantages in durability. The planned Spring 2025 production timeline for HD3 allows sufficient lead time for tooling and production line optimization.
The systematic rollout strategy - from AL3 to AL4 and now HD3 - demonstrates efficient capacity utilization and manufacturing scalability. The standardization of core materials and processes across models likely enables economies of scale while maintaining product differentiation through design and feature sets.
New Tri-Fold Model Expected to Launch in Spring 2025 Joins AL4 in Diversifying Product Mix, Driving Revenue Growth, Underscoring the Company’s Expanding Multichannel Market Vision
West Seneca, New York, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is excited to announce a new premium tri-fold tonneau cover model, branded as HD3, with production planned for Spring 2025. Building on the success of the AL3 product line, the HD3 cover introduces an enhanced tri-fold design with user-friendly features tailored to meet the needs of Worksport's business-to-business (“B2B”) dealer network.
Management Commentary
"Seeing strong appetite for increased product offerings, Worksport continues to expand its product lineup with the upcoming HD3 premium cover, building on our successful AL3 cover and preparing to stand alongside our AL4 cover," said Steven Rossi, CEO of Worksport Ltd. "In parallel, we are moving steadily towards the commercial launch our COR and SOLIS systems, which we believe will open a significant new growth pathway for us. By addressing a wide range of consumer needs—from advanced tonneau covers for Ford, Chevrolet, GMC, Ram, Toyota, Nissan, and Honda trucks, to sustainable power solutions—we anticipate robust growth in 2025 and a bright future for Worksport."
HD3 and AL4 to Elevate Worksport’s Growth
The newly announced HD3 launch follows the imminent AL4, which is already in production and expected to begin shipping within January 2025. Worksport anticipates that HD3 will build on AL3’s proven success, delivering an even more user-friendly experience, improved functionality, and expanded compatibility to meet various market demands. The Company believes this expanded lineup will help drive additional revenue growth and strengthen its position within the tonneau cover industry.
The Worksport HD3 tonneau cover is expected to strengthen Worksport’s product lineup, making it more comprehensive and well rounded.
| Worksport’s Main Tonneau Cover Offerings | ||||||
| Product: | AL3 | HD3 | AL4 | |||
| Type: | Entry Level Trifold | Premium Trifold | Premium Four-Fold | |||
| Current Status: | Actively Selling | Spring 2025 Production | Shipping Jan. 2025 | |||
| Minimum Advertised Price | ||||||
| Made In USA: | Yes | Yes | Yes | |||
| Metal: | Ultra Tough Alloy | Superior Temper Hardened Alloy | Ultra Tough Alloy | |||
| Finish: | Diamond Shield Ceramic Infused Finish | Hydrophobic Diamond Shield Ceramic Infused Finish | Diamond Shield Ceramic Infused Finish | |||
| Fit: | Easy Install Four Point Latching | Easy Install Six Point Latching System, Premium Security | Weatherproof Rail Mount Maximum security 6 point fixed mounting system | |||
| Weather Rating: | Weather Protection | Enhanced Weather Protection | Superior Weather Protection | |||
| Functionality: | Easy To Use Cable Latch & Fold | Enhanced Use and Operation, Double Cable Latch and Fold | Most Functional Usage. Double Cable Latch & Flip Up; Full Bed Access | |||
| Full-Bed Access: | No | No | Yes | |||
COR & SOLIS Clean-Tech Innovations Progressing
After the HD3 rollout, Worksport plans to introduce its COR mobile power system and SOLIS solar tonneau cover, both currently in alpha-release. These flagship clean-tech solutions are expected to tap into multi-billion-dollar markets, potentially driving Worksport’s transformation into a major player in sustainable automotive solutions. The Company believes that leveraging both advanced tonneau covers, and clean-tech products will further accelerate its revenue trajectory in 2025 and beyond.
See Worksport’s COR & SOLIS Product Brochure: Here
Subsidiary Update: Terravis Energy (“TVE”)
Worksport is also pleased to note the ongoing development at its subsidiary TVE, where exciting engineering breakthroughs are taking shape. Management expects to share more details on TVE’s progress in the coming weeks, underscoring the Company’s broader vision of aligning advanced manufacturing with next-generation energy solutions.
Read More Worksport Press Releases: [Link to Worksport Press Releases].
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About Worksport
Worksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property 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 has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport’s hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the EV sector. Worksport 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. Terravis Energy’s website is terravisenergy.com. For more information, please visit investors.worksport.com.
Connect with Worksport
Please follow the Company’s social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram (collectively, the “Accounts”), the links of which are links to external third party websites, as well as sign up for the Company’s newsletters at investors.worksport.com. The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company.
| Product social media | Investor social media |
| X (formerly Twitter) | |
| Facebook YouTube | LinkedIn Link to Newsletter |
Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, SEC filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media.
The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.
For additional information, please contact:
Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128 W: investors.worksport.com W: www.worksport.com E: investors@worksport.com
Forward-Looking Statements
The information contained herein may contain “forward‐looking statements.” Forward‐looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” ”scheduled,” “expect,” “future,” “intend,” “plan,” “project,” “envisioned,” “should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (“SEC”), including, without limitation, our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.
FAQ
When will Worksport (WKSP) begin shipping its new HD3 tonneau cover?
What is the price difference between Worksport's AL3, HD3, and AL4 tonneau covers?
What are the key features of Worksport's new HD3 tonneau cover?
When will Worksport (WKSP) begin shipping the AL4 tonneau cover?
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