Kia, Hyundai And Worksport Defy The EV Slowdown Trend
Portfolio Pulse from Upwallstreet
Kia and Hyundai are defying the global EV slowdown with new models and increased sales. Kia launched its EV3 compact electric SUV, aiming for affordability and long-range performance. Hyundai and Kia saw significant EV sales growth in April. Worksport is collaborating with Hyundai on solar-powered accessories and expects substantial revenue growth in 2024.
May 23, 2024 | 2:47 pm
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Worksport's SOLIS solar cover will be available for Ford's light pickup trucks, potentially easing range anxiety in electric pickups.
The availability of Worksport's SOLIS solar cover for Ford's light pickup trucks could enhance the appeal of Ford's electric pickups by addressing range anxiety, potentially boosting sales.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Worksport's SOLIS solar cover will be available for General Motors' light pickup trucks, potentially easing range anxiety in electric pickups.
The availability of Worksport's SOLIS solar cover for GM's light pickup trucks could enhance the appeal of GM's electric pickups by addressing range anxiety, potentially boosting sales.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Worksport's SOLIS solar cover will be available for Stellantis' light pickup trucks, potentially easing range anxiety in electric pickups.
The availability of Worksport's SOLIS solar cover for Stellantis' light pickup trucks could enhance the appeal of Stellantis' electric pickups by addressing range anxiety, potentially boosting sales.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Worksport expects significant revenue growth in 2024, driven by its automotive accessory business and the launch of its SOLIS solar cover and COR battery system.
Worksport's revenue growth forecast is based on its automotive accessory business and the launch of its innovative SOLIS solar cover and COR battery system, indicating strong future performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100