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New Sparks for the EV Industry

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EV companies in stock market

The coronavirus lockdown has given us a taste of an electric future in which lower emission targets were reached. People are realising the benefits of leaving internal combustion engines to zero-carbon footprint EVs as big cities saw a sharp reduction in carbon dioxide, carbon monoxide and methane emissions.

The flamboyant EV leader Tesla (NASDAQ: TSLA) is upping its game with its Shanghai as well as upcoming Berlin and Austin Gigafactories. Despite COVID-19-related setbacks, traditional automakers are pulling the big guns to be able to compete in the EV race. Detroit’s big three and European giants are not shying away from their commitment to EVs. Moreover, in June, even Lyft (NASDAQ: LYFT) announced that every vehicle on its platform will be electric by 2030. Despite a setback in the construction of its factory due to the shutdown, Rivian also announced it will debut its electric pickup truck and electric SUV next summer. This means it could still be the first to deliver an all-electric pickup truck while signing a deal to supply Amazon (NASDAQ: AMZN) with 100,000 electric vans.

But there are players you maybe didn’t even hear of who are just as able to disrupt the EV market.

Xpeng going public

Despite the troubling US-China relations, the Alibaba-backed (NYSE: BABA) backed Xpeng Motors (NYSE: XPEV) has raised more money than expected for its Wall Street debut. It exceeded expectations by rising $1.5 billion by selling more than 99.7 million shares for $15 each. Beginning on Thursday, the offering is expected to close on August 31, 2020.

Citroen’s electric launch

It’s no secret that EVs are central to France’s economic recovery plan. Peugeot S.A-owned (OTC: PUGOY) Citroën has just announced the launch of a new 100% electric vehicle. The ë-C4 generates zero CO2 emissions while providing a peaceful driving experience. With noise pollution being a growing concern, the silent nature of the vehicle could turn out to be really appealing to buyers. Despite Bayerische Motoren Werke Aktiengesellschaft (OTC: BMWYY) having Hans Zimmer turn this noisy vibration in pure musical magic, Citroën has a sturdy reputation for working hard at keeping its environmental impact as low as possible. Its electrification offensive has solid grounds for success.

According to Car Magazine UK, aside from the Citroën ë-C4, other popular EVs include Tesla’s Model 3, Renault (OTC: RNLSY) Zoe, the Nissan (OTC: NSANY) Leaf, Porsche Automobil Holding’s (OTC: POAHY) Taycan and Hyundai Motor Company’s (OTC: HYMTF) Ioniq Electric.

Innovation

Last week, Worksport (OTC: WKSP) unveiled details regarding its ground-breaking TerraVis solar-powered tonneau covers. While the Canadian-based company announced it is finalizing its late-stage agreement to configure and craft this system for a U.S.-based Electric Truck manufacturer its corporate Worksport Twitter account shows their is more interest from several Electric Truck manufactures. Meanwhile, Worksport will continue to focus on growing as an innovative tonneau cover manufacturer.

Outlook

If 2020 has taught us anything, it’s that anything is possible. EVs play a crucial role when it comes to a sustainable future. While conventional car sales have seen a dramatic crash during the global crisis, EVs were only slowed down a bit. LMC Automotive reported that sales of battery EVs were up nearly 30 per cent in March 2020 when compared to the same month last year. This means that the world is embracing change. As we all adapt to our new reality, the auto industry is driving forward towards the all-electric future.

This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure . IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you’re interested in becoming an IAM journalist contact: contributors@iamnewswire.com

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Worksport™ & Atlis Motor Vehicles form Collaborative Partnership

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Atlis Partnered with Worksport OTC:WKSP

TORONTO – Sept. 22, 2020 — Worksport Ltd (OTC: WKSP) (or the “Company”) has entered into an agreement with Atlis Motor Vehicles, Mesa, Ariz., aimed at configuring the TerraVis solar charging system as an OE accessory for the highly anticipated, technologically advanced Atlis XT electric pickup truck. Atlis and Worksport will begin working together immediately to integrate their engineering and design departments. They will uniquely configure the TerraVis’™ Solar Truck Bed Power System to provide the Atlis XT Truck with a meaningful source of recharge power from its integrated Solar Panels.

This is the second recent agreement that Worksport has struck with a U.S. based EV Truck manufacturer to become its OEM partner and create a customized TerraVis’ solar panel tonneau cover for the company’s forthcoming all-electric pick up truck.

The aggressively priced Atlis XT truck comprises many market-leading features including 15-minute charge time, 500-mile range, and 35,000lb towing capacity with an estimated million mile working life.

“This new collaboration agreement with a market-leading manufacturer continues to prove out our business model and demonstrate our bright future and large upside,” said Worksport CEO Steven Rossi. “It follows closely on our previous announcement to be the OEM partner for a customized solar truck bed power system.”

Worksport recently made the first public disclosure of details about TerraVis , the very first advanced folding truck bed tonneau cover system to be a fusion of cutting edge solar power, storage, and delivery. The platform takes advantage of a standard pick-up truck’s practical capabilities, while also utilizing the power of more sustainable and renewable energy. Proprietary, high efficiency solar panels built into the rugged tonneau cover—the likes of which Worksport has become widely known for—will collect the sun’s rays and store energy in multiple battery banks.

In addition to Atlis, Worksport has been fielding a number of inquiries from other manufacturers, the media and investment community as well as business interest from organizations in Holland, Germany, Australia, Spain, multiple U.S. and Canadian companies.

“TerraVis’™ Solar Truck Bed Power System introduction not only has rewarded the hard work in developing a technological breakthrough, but it is also transforming the company’s future almost immediately,” Rossi said. “It is a real and meaningful game-changer. However, we wish to assure customers and investors that Worksport will continue to focus on growth as the lead innovator and manufacturer in the Global Automotive Market for tonneau covers for electric and conventional light trucks.”

As it did with its open investor Q&A September 21, the Company will continue to update shareholders, supporters, and investors to maintain the highest level of disclosure and information dissemination as Worksport continues to grow and develop at a very rapid pace.

Any interested investors or shareholders are encouraged to follow the company’s social media accounts on Twitter, Facebook, LinkedIn, and Instagram as well as sign up for the company’s newsletters on both www.worksport.com and www.goterravis.com, to stay up to date on all of the latest news.

About Worksport Ltd.

Worksport Ltd., an innovative manufacturer of high quality, functional, and aggressively priced tonneau/truck bed covers for light trucks like the F150, Sierra, Silverado, Canyon, RAM, and Ford F-Series. For more information please visit www.worksport.com. Currently listed on the OTCQB Market under the trading symbol “WKSP.”

Connect with Worksport:

LinkedIn
Facebook
Twitter
Instagram
YouTube

For further information please contact:

Mr. Steven Rossi
CEO & Director

LinkedIn

Twitter
Worksport, Ltd

T: 1-888-554-8789
E: srossi@worksport.com

Forward-Looking Statements

This document may contain forward-looking statements, relating to Worksport, Ltd. operations or to the environment in which it operates, which are based on Franchise Holdings International Inc. operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond Worksport, Ltd’s ’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. Worksport, Ltd. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No Stock Exchange or Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

 

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Worksport to Host Live Investor Conference and Q&A on YouTube Live

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Worksport Terravis Charging System

TORONTO – Sept. 18, 2020 – Worksport, Ltd, (OTC:WKSP) (or the “Company) is announcing that it will be holding an open Video Conference and Q&A Session on Monday September 21, 2020 at 5 p.m. Eastern Standard Time. Worksport CEO Steven Rossi will host the Conference and Q&A, which will be presented by YouTube Live. Rossi will be available online to answer questions. All are encouraged to join the open forum discussion and participate by asking questions on YouTube Live or by sending questions in advance to connect@worksport.com. For those who cannot attend, a video recording will be available on the company’s YouTube channel immediately following the presentation. Those wishing to participate are encouraged to follow the link below or access the Worksport’s YouTube channel at the date and time provided below.

“This is an open and unscripted Q&A session that we aim to make a frequent habit as we move forward and grow,” said Rossi. “We encourage anyone and everyone to participate by asking questions in advance or live. We aim to answer any reasonable questions, but as a reminder we cannot answer any questions relating to non-public information.”

Hosted by Mr. Steven Rossi

Monday September 21, 2020

5 p.m. EST

Link: https://www.youtube.com/watch?v=JQ4mWJnCoWs&feature=youtu.be

Email Questions: connect@worksport.com

 

Any interested investors or shareholders are encouraged to follow the company’s social media accounts on Twitter, Facebook, LinkedIn, and Instagram as well as sign up for the company’s newsletters on both www.worksport.com and www.goterravis.com, to stay up to date on all of the latest news.

 

About Worksport Ltd.

Worksport Ltd., an innovative manufacturer of high quality, functional, and aggressively priced tonneau/truck bed covers for light trucks like the F150, Sierra, Silverado, Canyon, RAM, and Ford F-Series. For more information please visit www.worksport.com. Currently listed on the OTCQB Market under the trading symbol “WKSP.”

Connect with Worksport:
LinkedIn
Facebook
Twitter
Instagram

For further information please contact:

Mr. Steven Rossi
CEO & Director

LinkedIn

Twitter
Worksport, Ltd

T: 1-888-554-8789
E: srossi@worksport.com

 

Forward-Looking Statements

This document may contain forward-looking statements, relating to Worksport, Ltd. operations or to the environment in which it operates, which are based on Franchise Holdings International Inc. operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond Worksport, Ltd’s ’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. Worksport, Ltd. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No Stock Exchange or Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

 

 

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Worksport™ Provides Update for TerraVis™ OEM Supply Agreement

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Worksport WKSP

TORONTO – Sept. 15, 2020 — Worksport Ltd, (OTC:WKSP) (or the “Company), will require additional time to make a formal announcement of its first TerraVis’ solar truck cover partnership with a U.S. based Electronic Vehicle manufacturer. This is the result of broadening discussions between both companies, beyond the initial supply partnership agreement announced earlier this month.

The TerraVis’Solar Truck Bed Power System, for its first OEM partner, will be uniquely configured so that TerraVis will provide the EV Truck, with a meaningful source of recharge power, from its integrated Solar Panels. The partnership between the two companies is expected to generate US$70 million in revenues for Worksport in the near-to-mid-term, according to Worksport CEO Steven Rossi.

Management from the companies are engaged in active discussions, expanding beyond just the initial supply partnership agreement. Discussions are now centered towards additional synergies that are leading towards further opportunities between the companies. Details are expected be made publicly available soon.

As well, Worksport has had business interest from organizations in Holland, Germany, Australia, Spain, multiple U.S. and Canadian companies as well as overwhelming interest from journalists and those within the investment community. TerraVis, much more than a solar panel truck bed cover, is a fully integrated, scalable system pairing on-demand zero emissions solar power with an unmatched cargo bed usage experience meeting pickup truck owners’ needs as they expand and change.

“This is an extremely pivotal and exciting time for Worksport,” said Rossi. “We are proceeding with optimistic caution and believe this is history in the making. TerraVis is poised to off-grid the future EV-Truck off-road experience”

The Company will frequently update shareholders, supporters, and investors to maintain the highest level of disclosure and information dissemination as Worksport continues to grow and develop at a very rapid pace.

Any interested investors or shareholders are encouraged to follow the company’s social media accounts on Twitter, Facebook, LinkedIn, and Instagram as well as sign up for the company’s newsletters on bothwww.worksport.com and www.goterravis.com, to stay up to date on all of the latest news.

About Worksport Ltd.

Worksport Ltd., an innovative manufacturer of high quality, functional, and aggressively priced tonneau/truck bed covers for light trucks like the F150, Sierra, Silverado, Canyon, RAM, and Ford F-Series. For more information please visit www.worksport.com. Currently listed on the OTCQB Market under the trading symbol “WKSP.”

Connect with Worksport:

LinkedIn

Facebook

Twitter

Instagram

For further information please contact:

Mr. Steven Rossi
CEO & Director

LinkedIn

Twitter
Worksport, Ltd

T: 1-888-554-8789
E: srossi@worksport.com

Forward-Looking Statements

This document may contain forward-looking statements, relating to Worksport, Ltd. operations or to the environment in which it operates, which are based on Franchise Holdings International Inc. operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond Worksport, Ltd’s ’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. Worksport, Ltd. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No Stock Exchange or Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

 

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