{"id":870908,"date":"2025-08-05T09:00:05","date_gmt":"2025-08-05T13:00:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/worksport-sets-new-4-week-production-record-strong-growth-continues-2499-units-produced-in-4-weeks-of-july-doubling-march-2025-output\/"},"modified":"2025-08-05T09:00:05","modified_gmt":"2025-08-05T13:00:05","slug":"worksport-sets-new-4-week-production-record-strong-growth-continues-2499-units-produced-in-4-weeks-of-july-doubling-march-2025-output","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/worksport-sets-new-4-week-production-record-strong-growth-continues-2499-units-produced-in-4-weeks-of-july-doubling-march-2025-output\/","title":{"rendered":"Worksport Sets New 4-Week Production Record; Strong Growth Continues 2,499 Units Produced in 4 weeks of July, Doubling March 2025 Output"},"content":{"rendered":"
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West Seneca, New York, Aug. 05, 2025 (GLOBE NEWSWIRE) — Worksport Ltd.\u00a0(NASDAQ: WKSP) <\/strong>(\u201cWorksport\u201d or the \u201cCompany\u201d), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is pleased to report its strongest 4-week production stretch to date<\/strong>. From early July through the final week of the month, the Company produced 2,499 tonneau covers\u2014more than double<\/strong> the 1,234 units produced in March 2025 and reflecting over 100%<\/strong> sequential growth in just four months.<\/p>\n

\n Operational Scaling Drives Record Performance<\/strong>\n <\/p>\n

This latest production milestone continues a clear trend of sequential growth for Worksport, following its 50% production increase reported in May<\/a> and a more than 100% gross margin improvement over the past five months. Importantly, the July output gains were also achieved without<\/strong> a proportional increase in headcount\u2014demonstrating significant operational efficiency at the Company\u2019s ISO 9001:2015-certified facility in West Seneca, New York.<\/p>\n

Management notes that this growth in output is critical as demand continues to outpace supply<\/strong>, driven by the exceptional market reception of the Company\u2019s flagship Made in USA AL4 premium tonneau cover.<\/p>\n

\u201cTo double production in four months, while simultaneously improving gross margins significantly, is a powerful validation of our factory team, processes, and strategy,\u201d said Steven Rossi, Chief Executive Officer of Worksport Ltd. \u201cDealer demand continues to scale, and we’re manufacturing more than ever before. We believe this progress puts Worksport on track to surpass $20 million<\/strong> in revenue this year and achieve cash flow positivity in the near term.\u201d<\/p>\n

\n Looking Ahead: Clean-Tech Product Launches and Expanded Verticals<\/strong>\n <\/p>\n

Later this year, Worksport is expected to launch its first clean-tech product vertical<\/strong>: the SOLIS solar-integrated tonneau cover<\/strong> and the COR portable power system<\/strong>. Together, these products form a portable nano-grid and target a combined $13 billion market in clean energy and portable power\u2014representing new revenue streams beyond the Company\u2019s core tonneau cover business.<\/p>\n

Both SOLIS and COR<\/a> have passed third-party lab and beta testing, with production lines in development. The Company expects first shipments in Fall 2025, with projected revenue of $2-3 million from the initial launch, followed by 8-figure revenue contributions anticipated in 2026 and beyond.<\/p>\n

Notably, a top 15 U.S. construction company<\/strong><\/a> is currently piloting the SOLIS and COR units for integration into their national fleet.<\/p>\n

\n Webcast Registration for Presentation on Q2 Performance<\/strong>\n <\/p>\n

Worksport reminds investors, analysts, and media to register in advance for the Worksport\u2019s Q2 2025 live webcast<\/strong>, where management will provide insights into the Company\u2019s Q2 2025 financial performance and outlook for 2025. Worksport is focused on achieving cash flow positivity<\/strong>, followed by profitability<\/strong>, in the next few quarters. With increasing margins and record revenues, the Company is excited to share details on its progress and highlight multiple growth verticals ahead.<\/p>\n