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Worksport Ltd   (NASDAQ: WKSP)
 

Worksport Ltd's Suppliers Performance

WKSP's Supply Chain




 
WKSP Costs vs Sales of Suppliers Growth Worksport Ltd recorded an increase in cost of sales by 19.32 % year on year, sequentially cost of sales grew by 78.99 % in Q2.

• More on WKSP Suppliers



Worksport Ltd recorded increase in cost of sales by 19.32 % year on year, sequentially cost of sales grew by 78.99 % in Q2.

• More on WKSP Suppliers




Worksport Ltd's Comment on Supply Chain


Since late 2023, the company has outsourced production of soft tonneau covers to a facility in Foshan, China. In May 2022, it established a partially automated production facility in West Seneca, New York, for domestic manufacturing. Hard folding tonneau covers are manufactured and assembled in the U.S., including the Worksport AL3 Pro produced in 2023, and the American-made AL4 and HD3 covers introduced in early and late 2025, respectively. The company employs a hybrid manufacturing model: soft tonneau covers and portable energy systems are produced by third-party overseas suppliers, while solar-integrated tonneau covers are assembled in the U.S. using overseas components. Facilities in West Seneca, New York, and Ozark, Missouri support manufacturing, assembly, testing, storage, and distribution. The company maintains a diversified supplier network across multiple geographies to reduce reliance on any single supplier or region and to mitigate geopolitical and supply chain risks. Ongoing investments are made in tooling, fixtures, and process improvements to enhance production efficiency, quality, and scalability across product lines.

Worksport Ltd's Comment on Supply Chain


Since late 2023, the company has outsourced production of soft tonneau covers to a facility in Foshan, China. In May 2022, it established a partially automated production facility in West Seneca, New York, for domestic manufacturing. Hard folding tonneau covers are manufactured and assembled in the U.S., including the Worksport AL3 Pro produced in 2023, and the American-made AL4 and HD3 covers introduced in early and late 2025, respectively. The company employs a hybrid manufacturing model: soft tonneau covers and portable energy systems are produced by third-party overseas suppliers, while solar-integrated tonneau covers are assembled in the U.S. using overseas components. Facilities in West Seneca, New York, and Ozark, Missouri support manufacturing, assembly, testing, storage, and distribution. The company maintains a diversified supplier network across multiple geographies to reduce reliance on any single supplier or region and to mitigate geopolitical and supply chain risks. Ongoing investments are made in tooling, fixtures, and process improvements to enhance production efficiency, quality, and scalability across product lines.







WKSP's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Worksport Ltd 5.25 18.08 -20.92 122
SUBTOTAL 0.00 0.00 0.00 -


Sources: Worksport Ltd 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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