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Worksport ( (WKSP) ) has issued an update.
On February 4, 2025, Worksport Ltd. announced the commencement of shipments for its flagship AL4 tonneau cover after receiving positive feedback from initial business-to-business customers. The company plans to ramp up production to meet the growing demand in the North American pickup truck market, aiming to produce 1,200 units in the next 30 days and double that shortly after. This strategic move is expected to enhance Worksport’s market position and support its growth plans for 2025, aligning with the anticipated launch of other innovative products like the SOLIS solar tonneau cover and COR mobile power system later in the year.
More about Worksport
Worksport Ltd. is a U.S.-based company that specializes in designing and developing hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors. The company offers a range of products, including tonneau covers, solar integrations, portable power systems, and clean heating and cooling solutions, and is actively pursuing opportunities in the electric vehicle sector.
YTD Price Performance: -3.43%
Average Trading Volume: 1,993,866
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $30.63M
For a thorough assessment of WKSP stock, go to TipRanks’ Stock Analysis page.
