Worksport Ltd. (NASDAQ: WKSP), an innovative automotive accessory
manufacturer dedicated to developing clean energy solutions, is
thrilled to announce the arrival of a large quantity of custom
solar panels, which are required to begin production of the highly
anticipated SOLIS Solar Tonneau Cover at the Company's New York
State manufacturing facility. This milestone marks a significant
step forward, allowing the Company to begin initial production of
the SOLIS Solar Tonneau Cover. Updates relating to when official
production will begin, SKU-specific availability, more detailed
specifications, timing relating to pre-order fulfillment, and new
media assets (videos and photos) are to follow.
The SOLIS Solar Cover, a groundbreaking product
designed to revolutionize the pickup truck market, integrates
cutting-edge solar technology into a durable and functional truck
bed cover. With the arrival of these solar panels, Worksport
believes it is on track to bring the SOLIS Solar Cover to market
this summer, aligning with the Company's mission to merge
automotive accessories with renewable energy. The solar panels
received are produced with the highest quality and latest
technology in photovoltaics and flexible solar wafer cells.
Designing and configuring the panels took considerable engineering
efforts and time, requiring custom sizing, configurations, and
technical specifications to meet Worksport’s stringent standards.
These solar panels are anticipated to produce extremely high power,
with an output of 170-180 watts per square meter. The solar panels
are durable and highly flexible to suit their application within a
folding, rigid tonneau cover for light trucks.
In addition to the SOLIS Solar Cover, Worksport
is also gearing up to introduce the COR Battery System, an advanced
energy storage solution that complements the solar cover. Together,
the SOLIS Solar Cover and the COR Battery System represent a
significant leap forward in Worksport's vision of providing
consumers with eco-friendly and technologically advanced
products.
"We are incredibly excited about the progress of
the SOLIS Solar Cover and the upcoming launch of the COR Battery
System," said Steven Rossi, CEO of Worksport. "The arrival of the
solar panels at our New York State facility is not just a milestone
for us, but a testament to our team's dedication and hard work. We
are eager to bring these innovative products to the market and make
a positive impact on the environment and the automotive
industry."
Worksport is committed to excellence and
innovation in developing products that enhance the functionality
and performance of pickup trucks while promoting sustainable energy
solutions. The Company's dedication to quality, innovation, and
sustainability has positioned it to grow further in the automotive
tech and renewable energy space.
For more information about Worksport Ltd., the
SOLIS Solar Cover, and the COR Battery System, please visit
investor.worksport.com.
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 RAM,
Chevrolet, and GMC models from General Motors, as well as Ford,
Jeep, Nissan, and Toyota pickup trucks. 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), NP (Non-Parasitic), and
hydrogen-based technology. Terravis Energy’s website is
terravisenergy.com. For more information, please visit
investors.worksport.com.
Connect with Worksport
Connect with the Company on social media (X
(previously Twitter), Facebook, LinkedIn, YouTube, and Instagram)
and sign up to receive 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.
Worksport strives to provide frequent updates on its operations to
its community of investors, clients, and customers to maintain the
highest level of visibility.LinkedInFacebookX (previously
Twitter)InstagramYouTube
Investors and others should note that the
Company announces material financial information to our investors
using our investor relations website, press releases, Securities
and Exchange Commission (“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
Steven Obadiah, Investor Relations, Worksport Ltd.
T: 1 (888) 554 8789 E:
investors@worksport.com W: www.worksport.com
Forward-Looking Statements
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“forward‐looking statements.” Forward‐looking statements reflect
the current view about future events. When used in this press
release, the words “anticipate,” “believe,” “estimate,” “expect,”
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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
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uncertainties, risks, and changes in circumstances that are
difficult to predict, many of which are outside 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 outlined in the Company’s filings with the 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
website 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.
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