While the EV industry is facing a slowdown amid an uncertain and turbulent economic climate, Rivian Automotive Inc (NASDAQ: RIVN) and Worksport Ltd (NASDAQ: WKSP) showed they continue their march towards an all-electric future by expanding their operations.
Worksport just announced it got awarded a major grant.
Worksport Ltd is a U.S.-based innovator commited to making clean energy solutions for light trucks and consumers in general. Through the Excelsior Jobs Program for job creation and wage support, the State of New York awarded Worksport with a major grant worth up to $2.8MM.
Along with the world’s first solar-powered tonneau cover SOLIS that Worksport will release this summer, it is also expanding its clean energy intellectual property portfolio with a portable battery system COR and a high-performance extreme-climate heat pump. The SOLIS tonneau cover is expected to be available for major brands, providing options for partnership with the EV King, Tesla Inc (NASDAQ: TSLA), as well as Ford Motor (NYSE: ...