EXCLUSIVE: Worksport's Portable COR Battery Adds 7 Miles Of Charge To Tesla Model 3 In Lab Test, Acts As EV Range Extender
Portfolio Pulse from Anusuya Lahiri
Worksport Ltd (NASDAQ:WKSP) announced successful lab tests of its COR portable energy system, which can extend the range of Tesla Inc (NASDAQ:TSLA) vehicles by 7 miles. The COR system, along with the SOLIS solar tonneau cover, aims to address EV range anxiety and provide off-grid power solutions. Worksport is also exploring partnerships for Level 2 EV charging solutions.
September 11, 2024 | 11:33 am
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POSITIVE IMPACT
Worksport's COR battery successfully extends Tesla's range by 7 miles, addressing EV range anxiety. The company is also exploring partnerships for Level 2 charging solutions.
The successful lab test of the COR battery as a range extender for Tesla vehicles is a significant development for Worksport, potentially increasing demand for its products. The exploration of partnerships for Level 2 charging solutions further enhances its market position.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Worksport's COR battery can extend the range of Tesla vehicles by 7 miles, potentially benefiting Tesla by addressing range anxiety among its customers.
While the COR battery is a third-party product, its ability to extend Tesla's range could positively impact Tesla by alleviating range anxiety, a common concern among EV users.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50