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Worksport (WKSPW) Stock News

WKSPW Nasdaq

Welcome to our dedicated page for Worksport news (Ticker: WKSPW), a resource for investors and traders seeking the latest updates and insights on Worksport stock.

Worksport Ltd. reports company developments tied to light-truck accessories, solar-integrated tonneau covers and clean-energy products for pickup-truck and overlanding markets. Its updates center on hard-folding tonneau cover production, the SOLIS Solar Tonneau Cover, the COR Battery System, mobile energy storage concepts and related power-electronics work, including gallium nitride semiconductor integration.

Worksport news also covers manufacturing activity at its New York facility, distribution relationships, product compatibility across major pickup-truck brands, earnings communications, investor Q&A and Nasdaq-listed public-company updates. The recurring themes connect the company’s automotive accessory business with solar, battery and off-grid energy applications.

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Worksport Ltd. (Nasdaq: WKSP) announced its participation in the Las Vegas Consumer Electronics Show (CES) from January 5-7, 2023. A special task force will engage with stakeholders on innovative zero-emission power products, including the solar-powered SOLIS tonneau cover and the portable COR battery. CEO Steven Rossi expressed excitement about connecting with potential clients and investors, validating product development, and exploring future exhibition opportunities. Worksport aims to lead in sustainable energy solutions within the automotive accessories market.

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Worksport Ltd. (Nasdaq: WKSP; WKSPW) CEO Steven Rossi discussed the company's performance and innovative products, including the SOLIS solar tonneau cover and COR mobile energy storage system, during an interview on Bloomberg Radio on December 16, 2022. Rossi highlighted key market opportunities, especially in the new energy sector, emphasizing the growing demand for products that adapt to electric and gas vehicles. He noted a partnership with Hyundai and addressed concerns regarding economic challenges while expressing confidence in the resilience of the electric pickup truck market.

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Worksport Ltd. (Nasdaq: WKSP) announced that CEO Steven Rossi's interview with Bloomberg Radio has been rescheduled to air at 10:45 AM EST on December 16, 2022. Rossi will cover the company's economic performance, challenges, and innovative products, including the SOLIS solar tonneau cover and the COR mobile energy storage system. The interview will be available on Bloomberg's flagship stations and streaming platforms.

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Worksport Ltd. (Nasdaq: WKSP) announced that CEO Steven Rossi will be interviewed on Bloomberg Radio's "The Tape" today at 10:45 a.m. EST. Rossi will discuss the company's economic performance, future outlook, and breakthrough products, such as the SOLIS solar tonneau cover and COR mobile energy storage system. Bloomberg Radio is accessible across major U.S. cities and streaming online. Worksport focuses on sustainable energy solutions and aims to capitalize on the growing clean energy market.

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Worksport Ltd. (Nasdaq: WKSP; WKSPW) is completing tooling for its COR portable energy storage system, preparing for market launch. This follows extensive research and development, with initial production-ready systems expected by late October, alongside its SOLIS tonneau cover with integrated solar panels. The CEO emphasizes the significance of these products in promoting renewable energy and reducing carbon emissions. The company is also set to engage with potential customers, including major OEMs, and is leveraging pre-sales feedback for marketing strategies.

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Worksport Ltd. (Nasdaq: WKSP) has appointed Michael Scolnick as manager to oversee its new 220,000 sq. ft. assembly plant in West Seneca, NY. Scolnick brings over 25 years of manufacturing experience and is tasked with ramping up production of innovative products like the SOLIS truck bed tonneau cover with solar panels. CEO Steven Rossi emphasized this hire's significance for the company and its shareholders, marking a pivotal moment in Worksport's growth strategy. The company aims to capture the growing clean energy market with its proprietary solar solutions and energy storage systems.

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Worksport Ltd. (Nasdaq: WKSP) has announced anticipated unrealized revenue of US$350,000-$450,000 from pre-orders of its innovative solar truck bed tonneau cover, SOLIS, and portable energy storage system, COR. Management attributes this success to a stronger-than-expected pre-sale performance despite minimal marketing efforts. The company plans to initiate manufacturing by Q4 2022 at its West Seneca, NY facility. CEO Steven Rossi expressed optimism about the potential disruption of the EV and energy storage markets, highlighting that customer insights gained will inform targeted marketing efforts.

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Worksport Ltd. (Nasdaq: WKSP) has launched its new eCommerce platform aimed at enhancing sales of its patented truck bed tonneau covers and renewable energy solutions. The platform features products like the SC3, SC3 Pro, and SC4 covers, as well as the innovative SOLIS solar-integrated cover and COR portable energy storage system. CEO Steven Rossi emphasized the importance of this launch for controlling production and sales. The online site will also connect to major retailers such as Amazon and Wal-Mart, providing additional revenue opportunities.

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Worksport Ltd. (Nasdaq: WKSP) is in negotiations with three major global automakers, including Hyundai, to develop proprietary SOLIS solar truck bed covers and COR energy storage systems for upcoming EV models. CEO Steven Rossi highlighted the interest from a Canadian division of another global automaker and a major U.S. manufacturer. The company's innovative products aim to transform the light truck market into mobile solar power generators. A new Director of Business position will support these efforts beginning September 1, 2022, reinforcing Worksport's commitment to growth and sustainability.

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FAQ

What is the current stock price of Worksport (WKSPW)?

The current stock price of Worksport (WKSPW) is $0.0445 as of February 7, 2025.