Worksport (Nasdaq: WKSP; WKSPW) today announces significant strides
in the development of its groundbreaking COR battery system,
designed to complement the launch of the SOLIS solar cover. This
cutting-edge duo is poised to empower remote power supply and
extend the driving range of electric pickup trucks, thereby
underscoring Worksport’s commitment to sustainability and
innovation as a cleantech company.
As part of its relentless pursuit of excellence,
Worksport has strategically opted to enhance the COR
system with redundant overheating protection. The smart
battery system will boast two independent microprocessors that
meticulously monitor battery pack temperature. Furthermore, in line
with the digital age demands, the battery system will connect
seamlessly to a user-friendly mobile app via Bluetooth. Such
connectivity ensures users can conveniently condition their battery
in alignment with diverse weather conditions.
“We recognize the importance of safety and user
experience. By integrating advanced technology with user-centric
designs, we’re ensuring that our COR battery system is not just
innovative but also robust and intuitive,” stated Steven Rossi, CEO
of Worksport. “Our end goal is to offer our customers a system
that’s tailored to their unique needs – from the scorching heat of
Arizona to the cold fronts of Alaska.”
Expanding its commitment to customization,
Worksport is rigorously testing a variety of battery technologies
to provide users with insights about the most suitable battery for
their specific regional and application needs. For example, for
hotter climates, the Company is planning to design premium battery
cells that maintain optimal temperatures, even under intense
heat.
In another move to enhance temperature
stability, Worksport is diligently developing a cooling system
engineered to dissipate heat from the battery pack, aiming to
maintain the best battery performance under different weather
conditions.
"We're not just building a battery; we're
crafting an experience. Our in-house team’s dedication to the
firmware and software of a Worksport app ensures a seamless,
holistic experience for our users," Rossi added.
The potential of the SOLIS solar cover, in
combination with the COR battery system, has already piqued the
interest of various EV manufacturers. Highlighting this growing
intrigue, Worksport proudly announced its partnership with global
automobile giant Hyundai, while conversations with other
manufacturers about potential partnerships are in process.
This places Worksport at the forefront of a
transformative era in energy producing truck bed solutions,
signaling an enticing opportunity for investors.
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 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 investors.worksport.com.
Connect with Worksport
Please follow the Company’s social media
accounts on 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.
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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.
In order to comply with Regulation FD, the
Company does not selectively disclose material non-public
information on any Account. If there is any significant financial
information, it is the policy of the Company to release it broadly
to the public through a press release or SEC filing prior to
publishing it on one of 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,” 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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