Worksport .(US:WKSP) Newsfileยท2024-10-29 12:00Core Insights - Worksport Ltd. is implementing strategic cost-saving measures to enhance operational efficiency and drive long-term growth [1] - The company is focusing on clean energy initiatives and plans to manufacture aftermarket accessories for the Rivian R1T electric pickup truck [2] - Worksport is launching new products including the SOLIS and COR, along with the highly anticipated AL4 Premium Tonneau Cover [2] Company Overview - Worksport Ltd. designs, develops, manufactures, and owns intellectual property related to tonneau covers, solar integrations, portable energy storage systems, and heat-pump technology [4] - The company aims to transform the pickup truck industry through innovative technologies that enhance functionality and sustainability [4] Product Innovations - The SOLIS solar Tonneau cover can provide approximately 8-10 miles (13-16 kilometers) of range per day when integrated with an electric truck, which is about 30% of the average daily commute in North America [3] - For gas trucks like the F150, the SOLIS can turn the vehicle into a roaming power station, creating opportunities for job sites and campsites [3]