Worksport Ltd. launches HD3 heavy-duty tonneau cover for dealers, with initial orders for clean-tech products COR and SOLIS opening November 28.
Quiver AI Summary
Worksport Ltd. has announced the launch of its new HD3 heavy-duty tonneau cover, which is now available through its expanding dealer network, with production having begun in mid-October. Retail pricing for the HD3 starts at $869 and it features enhanced materials and construction aimed at durability and performance for commercial users. This release is part of Worksport's broader strategy to boost both its B2B and B2C sales, positioning the HD3 as a premium option while redirecting its AL3 and AL4 models towards retail consumers. Additionally, the company revealed that orders for its clean-tech products, COR and SOLIS, will open on November 28, reflecting a commitment to innovative energy solutions. The management expects these new offerings to drive significant revenue and solidify Worksport's market presence as it moves into commercialization.
Potential Positives
- Worksport has officially launched the HD3 heavy-duty tonneau cover, expanding its B2B dealer network and enhancing its product offerings in the commercial sector.
- The new HD3 platform is designed for durability and longevity, catering specifically to professional customers, which could increase sales and customer satisfaction.
- The upcoming launches of the SOLIS solar-integrated tonneau cover and COR portable energy storage system are set to create new clean-tech revenue streams, reflecting the company’s innovation and commitment to sustainable energy solutions.
- Management anticipates significant contributions to unit sales growth and channel diversification from the HD3, while also reaffirming the focus on expanding both B2B and B2C revenue channels.
Potential Negatives
- Potential supply chain delays could hinder the timely delivery of new products like the HD3, SOLIS, and COR, impacting sales and customer satisfaction.
- Reliance on third-party dealers for sales may pose risks if those partners do not accept or promote the new heavy-duty platform effectively.
- Competition from other manufacturers of similar products could affect market share and pricing strategy for Worksport's new offerings.
FAQ
What is the HD3 heavy-duty tonneau cover?
The HD3 is a new professional-grade tonneau cover designed for durability and protection, specifically targeting commercial customers.
When will initial orders for COR and SOLIS open?
Initial orders for the COR and SOLIS products will open on November 28, 2025.
What are the benefits of the SOLIS solar-integrated tonneau cover?
SOLIS provides clean, renewable power for various applications while integrating with Worksport's clean energy systems.
How does the HD3 differ from other tonneau covers?
The HD3 features upgraded materials, enhanced seals, and a rugged design aimed at high-use and commercial customers.
What is Worksport's focus with the HD3 product launch?
Worksport aims to expand its B2B dealer network while supporting dealer success and diversifying revenue channels.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$WKSP Hedge Fund Activity
We have seen 12 institutional investors add shares of $WKSP stock to their portfolio, and 8 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARMISTICE CAPITAL, LLC removed 246,548 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $855,521
- GOLDMAN SACHS GROUP INC added 113,461 shares (+722.4%) to their portfolio in Q3 2025, for an estimated $393,709
- VANGUARD GROUP INC added 66,763 shares (+102.4%) to their portfolio in Q3 2025, for an estimated $231,667
- HRT FINANCIAL LP added 28,894 shares (+inf%) to their portfolio in Q3 2025, for an estimated $100,262
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 22,809 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $64,549
- GEODE CAPITAL MANAGEMENT, LLC added 22,167 shares (+66.6%) to their portfolio in Q3 2025, for an estimated $76,919
- STEWARD PARTNERS INVESTMENT ADVISORY, LLC added 20,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $69,400
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$WKSP Analyst Ratings
Wall Street analysts have issued reports on $WKSP in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- HC Wainwright & Co. issued a "Buy" rating on 09/29/2025
To track analyst ratings and price targets for $WKSP, check out Quiver Quantitative's $WKSP forecast page.
Full Release
Company Expands Dealer Offering with New Heavy-Duty Platform as COR and SOLIS Prepare for Initial Orders Opening November 28
West Seneca, New York, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based innovator in advanced manufacturing, clean energy technologies and automotive accessories, serving both consumer and reseller markets, today announced that its newly released HD3 heavy-duty tonneau cover is now officially selling across the Company’s growing business-to-business (B2B) dealer network. Production of the HD3 began in mid-October, following the Company’s earlier announcement confirming that manufacturing had commenced.
Introducing a Purpose-Built, Professional-Grade Cover for Dealers
The HD3 platform, priced with a minimum advertised price (MAP) starting at $869, represents the newest addition to Worksport’s U.S.-manufactured hard-cover lineup. Designed for longevity, protection, and long-term durability, HD3 incorporates upgraded materials, reinforced perimeter seals, strengthened panel construction, and enhanced heavy-duty latching systems. The design builds on the established AL3 architecture while delivering a more rugged, professional-grade solution for commercial and high-use customers.
Management believes the HD3 will play a strategic role in Worksport’s tonneau portfolio by offering dealers a premium heavy-duty option, while allowing the AL3 and AL4 platforms to be more directly positioned for retail consumers.
The Company also reaffirmed that, while HD3 will become available on the Worksport direct-to-consumer platform in December, the primary channel focus for the HD3 cover is the dealer network, to support dealer success and expand B2B penetration.
Strengthening Worksport’s Position Across B2B and B2C Channels
"HD3 is designed specifically for our dealer community and professional customers who require strength, protection, and reliability in demanding real-world conditions," said Steven Rossi, Chief Executive Officer of Worksport. "It is an important milestone that builds on October’s successful production launch and further accelerates our strategy of expanding both B2B and B2C revenue channels."
Rossi added that the Company expects HD3 to contribute meaningfully to unit sales growth, inventories, and channel diversification over the coming quarters, alongside the upcoming launches of Worksport’s flagship clean-tech systems.
COR and SOLIS Open for Initial Orders November 28
In addition to HD3’s commercial rollout, Worksport confirmed that its flagship clean-tech products, the COR portable nano-grid system and SOLIS solar-integrated tonneau cover, will open for initial orders on November 28.
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SOLIS:
A solar-integrated truck bed system engineered to provide clean, renewable power for consumer and commercial applications while integrating with Worksport's upcoming clean energy system, COR.
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COR:
A modular, portable energy storage system designed for off-grid, overlanding, worksite utility, emergency preparedness, and mobile clean-power applications.
These products represent multiple years of technology development, third-party testing, and validation. Management believes SOLIS and COR mark the creation of an entirely new clean-tech revenue stream for the Company, adding long-term growth potential across both retail and enterprise channels.
A Growing Product Pipeline Turning Into Revenue
"HD3, SOLIS, and COR are the result of years of engineering and manufacturing investment," Rossi continued. "We are now entering the commercialization phase where our pipeline is converting into marketable products, revenue opportunity, and long-term value for our shareholders."
Worksport continues to advance new technology platforms, expand its U.S. manufacturing capabilities, and add portfolio depth across tonneau covers, solar integrations, heat pump technologies , and mobile power systems, consistent with recent corporate updates and the Company’s broader growth strategy.
Stay tuned for more information and join our mailing list to stay up to date with the latest: Join Worksport’s Newsletter .
Contacts
Investor Relations, Worksport Ltd.
T: 1 (888) 554-8789-128
W:
investors.worksport.com
W:
www.worksport.com
E:
[email protected]
Connect with Worksport Chief Executive Officer, Steven Rossi
Steven Rossi X (Twitter)
Steven Rossi LinkedIn
About Worksport
Worksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport’s hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. 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 Cold-Climate Heat Pump (CCHP) technology. Terravis Energy’s website is terravisenergy.com .
Connect with Worksport
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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. 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 social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.
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,” “scheduled,” “expect,” “future,” “intend,” “plan,” “project,” “envisioned,” “should,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. These 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 situation 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 latest 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.