Worksport Ltd. (Nasdaq: WKSP) (“Worksport” or the “Company”) is
announcing that it has completed production of the first 1,100
AL3PRO Hard Folding Tonneau Covers at its West Seneca, NY
manufacturing facility. The covers are expected to be sold and
shipped to new customers in the U.S. The covers produced and
currently in stock are suitable for a wide range of trucks,
including RAM Trucks by Stellantis, General Motors brands GMC and
Chevrolet, Ford, Jeep by Stellantis, Nissan, and Toyota.
The AL3PRO hard folding tonneau cover is a sleek
all-new all-aluminum hard folding tonneau cover produced in
Worksport’s upstate New York factory. It is proudly "Made in the
USA” using 90%+ domestically sourced materials. Each component of
the cover has been carefully engineered to cater to the needs of
today’s discerning pickup truck owners and their demanding
lifestyles. Its robust aluminum construction is crafted to be
durable and long-lasting, with a modern design that enhances the
appearance of any truck, while remaining user-friendly, easy to
install, and functional. The Worksport team continues to ramp up
production while focusing on improving manufacturing
efficiency.
On this momentous occasion, Steven Rossi, CEO of
Worksport, stated, “Our latest tonneau cover has come to fruition,
and the product has exceeded our initial expectations. The AL3PRO
cover is the culmination of years of research, hard work, and
dedication as we strive to deliver nothing but the best to our
customers. The cover’s compatibility list is long, including many
major models - such as the Ford F-Series, General Motors’ GMC and
Chevrolet models. We also have applications for Nissan and Toyota,
as well as RAM and Jeep by Stellantis. Also, I am delighted to
report that the AL3PRO cover is now available on Worksport's
e-commerce site.”
The Company also intends to sell the AL3PRO
cover on major sales platforms such as Walmart, Amazon, and eBay,
as a part of Worksport’s efforts to extend its B2B dealer network
and availability across North America.
Worksport’s plans to expand the number of truck
models with which the newest tonneau covers will be compatible are
in the works. In addition to Ford, Jeep and RAM by Stellantis, GMC
and Chevrolet by General Motors, Toyota, and Nissan, consumers can
soon expect the AL3PRO cover to be compatible with the widely
popular Honda Ridgeline. More information will be provided as
timely as possible.
Meanwhile, Worksport is diligently working on
the SOLIS Solar Cover and the COR Battery System, a powerful duo
that utilizes clean energy to provide a mobile microgrid. Initial
quality testing for the COR battery has shown positive results and
our development and QA teams are pleased with the progress. The
Company looks forward to providing investors with more updates on
these products soon.
Worksport’s dedication to developing innovative
truck accessories powered by off-grid energy solutions underlines
its belief that clean energy is the future of the industry. Stay
tuned to get more information about the product’s availability on
the expanded B2B network. Worksport expects to announce when the
AL3PRO hard folding tonneau cover becomes available on major sale
platforms.
For further information, please visit
Worksport’s official website for investors at
investors.worksport.com.
About Worksport
Worksport Ltd. (Nasdaq: WKSP; WKSPW), 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 currently maintains 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), 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.
Worksport strives to provide frequent updates of
its operations to its community of investors, clients, and
customers to maintain the highest level of visibility.
LinkedIn
Facebook
X (previously Twitter)
Instagram
YouTube
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 the Accounts to announce
Company news and other information. The information shared on the
Accounts could be deemed to be material information. As a result,
the Company encourages investors, the media, and others to review
the information the Company publishes on the Accounts.
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
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,” “expect,”
“future,” “intend,” “plan,” “project,” “should," or the negative of
these terms and similar expressions, as they relate to us or our
management, identify forward‐looking statements. Forward-looking
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 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.
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