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Benzinga
Benzinga
Business
Shivani Kumaresan

Worksport To Produce Working Models For Upcoming Hyundai Vehicle

Hyundai Worksport WKSP Hyundai Motor Co Nasdaq
  • Worksport Ltd (NASDAQ:WKSP) has recently signed a letter of understanding with Hyundai America Technical Center Inc (HATCI) to produce prototypes of the Worksport SOLIS and a modified version of the COR energy storage system.
  • HATCI, a division of Hyundai Motor Co (OTC:HYMTF), has provided Worksport 3D Data specifically for the Hyundai Santa Cruz's bed geometry.
  • The working SOLIS and COR models for Hyundai's yet-to-be-announced vehicle are expected to be ready by October 2022.
  • Price Action: WKSP shares are trading higher by 8.21% at $2.90 on the last check Tuesday.
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