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The Latest Breaking News from Worksport Ltd

EXCLUSIVE: Worksport Shifts To Higher Margin Products, Sees Strong Demand In Holiday Season

Worksport Ltd. (NASDAQ: WKSP) experienced significant sales growth in B2C and B2B segments for October and November 2024, with improved margins and a focus on higher-margin branded products. CEO predicts strong demand and continued improvements in gross margin, setting the stage for future success.

Benzinga · Dec 6, 2024

Worksport Launches Storefronts On Amazon, eBay And Walmart Marketplace

Worksport Ltd (NASDAQ:WKSP) has launched its eCommerce storefronts on Amazon.com (NASDAQ:AMZN), eBay (NASDAQ:EBAY), and Walmart (NYSE:WMT) Marketplace. N.A. Williams Company will execute Worksport’s marketing campaigns on each platform with account executives and marketing managers. The move is expected to drive sales higher and is the result of the company’s restructuring plan. “Our teams and I are thrilled to provide our…

Benzinga · Jun 22, 2022

Worksport Acquires New York Manufacturing Facility For $8M

Worksport Ltd (NASDAQ:WKSP) subsidiary WKSP NY has acquired a manufacturing facility in New York for $8.125 million. The facility is 152,847 square feet and features a 17,229-square foot Automated Storage & Retrieval System. The company plans to manufacture its line-up of products in the new facility, including its solar cover, SOLIS, primarily constructed…

Benzinga · May 12, 2022

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Worksport To Produce Working Models For Upcoming Hyundai Vehicle

Worksport Ltd (NASDAQ:WKSP) has recently signed a letter of understanding with Hyundai America Technical Center Inc (HATCI) to produce prototypes of the Worksport SOLIS and a modified version of the COR energy storage system. HATCI, a division of Hyundai Motor Co (OTC:HYMTF), has provided Worksport 3D Data specifically for the Hyundai Santa Cruz's bed geometry. The working…

Benzinga · Apr 12, 2022

Peering Into Worksport Ltd. - Common Stock's Recent Short Interest

Worksport Ltd. - Common Stock's (NASDAQ:WKSP) short percent of float has risen 28.76% since its last report. The company recently reported that it has 358.20 thousand shares sold short, which is 3.0% of all regular shares that are available for trading.

Benzinga · Apr 6, 2022

Worksport Plans To Launch Brand Website On Terravis Energy Products

Worksport Ltd (NASDAQ:WKSP) plans to launch a brand website showcasing all the products from its wholly-owned subsidiary Terravis Energy Inc. The website will provide information pertinent to all that the R&D has in works, from its Non-Parasitic Electric Vehicle (NPEV) systems to its Terravis Microgrid technology. "Our website will be a window into…

Benzinga · Jan 20, 2022

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