Worksport Is Set to Charge Automakers Toward an EV Future

Countries across the globe are putting spotlight on EV development. Last week, The European Commission voted to ban the sale of gasoline and diesel-powered vehicles by 2035. In order words, Europe has shown its commitment to change the energy matrix in transport. Thousands of miles away, the Chinese government has set a goal for electric vehicles to account for 20 per cent of new sales by 2025. Although behind, the US is showing determination in catching up in the EV race since President Biden took the helm.

Traditional automakers are undergoing an unforeseen transformation

Not just Tesla TSLA but traditional automakers are pulling out the big guns to adapt and transform their business models for the upcoming all-electric era. Several major car brands have outlined plans to switch to entirely electric fleets in Europe by 2030.

The world’s second largest automaker, Volkswagen VWAGY, created a €35 billion worth electrification strategy for the occasion. Recently, General Motors GM and Ford Motors F announced they will increase their EV efforts. In June, GM raised the figure announced in November by $8 billion, committing $35 billion through 2025 to its EV development. At the end of May, Ford announced it will spend $30 billion through 2025 on the making of its EV fleet. 

Besides the legacy automakers, there are many EV start-ups on the horizon like Worksport WKSP who heated up the EV world with its solar fusion TerraVis.

Worksport is bringing ground-breaking solar-power to the EV table

Canadian-based tonneau provider has already been doing well in sales of its high quality yet affordable tonneau covers for light-duty trucks like Ford and its world’s favorite pickup, the F-150, which will receive its electric version, the Lightning in 2022. But, thanks to its solar-powered tonneau truck covers, Worksport has gained a first-mover advantage in the field. By addressing the limitations of EVs, such as the range, it now has the power to change the rules of the game. By the end of this year, this revolutionary company will not only have its TerraVis fine-tuned with the expertise of Ontario Tech University, but it will also define the prototype its extension, TerraVis COR™ mobile energy storage system (ESS), a standalone product targeted for vacationers, second-home owners, campers and pretty much anyone who needs remote power. All in all, by the end of the year, Workport will be all set to power many automakers step into the EV future.