Worksport Announces Supply Partnership with Hercules Electric Mobility
Worksport has signed an agreement with Hercules Electric Mobility, Detroit, Michigan, for Worksport’s TerraVis tonneau cover solar charging system to become the Tier One OEM supply partner for Hercules’ forthcoming Alpha Electric Pickup.
The announcement today reveals Hercules as Worksport’s partner in an agreement between the two companies that is expected to generate up to $70 million in future revenues for Worksport, the company says.’
“The economic value of this one relationship is expected to be of profound significance for Worksport and its future growth and development,” added Rossi. “The announced $70 million in projected revenues in the first contract is just the beginning, and it is likely to expand over the longer-term. We’re proud to work with Hercules because of its management’s long history with developing and launching major vehicle platforms.”
The TerraVis system will be exclusively configured for Hercules’ EV pickup Truck, the Alpha. The TerraVis system will provide a source of recharge, multiple configurations for work and sport and a fusion of solar power, storage and delivery. The platform takes advantage of a standard pick-up truck’s practical capabilities, while also utilizing the power of more sustainable and renewable energy. Proprietary, high efficiency solar panels built into the tonneau cover collect the sun’s rays and store energy in multiple portable battery banks.
The anticipated Hercules and Worksport long-term partnership combines factory installed solar charging and structural tonneau covers with a new type of performance electric pickup truck. The companies will co-develop TerraVis technology on the Hercules Alpha with deployment on future SUVs and marine applications.
“We are pleased to be working with the team at Worksport to bring solar charging to our Hercules products,” said Hercules CEO James Breyer, who co-founded the company in 2018 after a successful career in the automotive industry. “It will be part of a luxury experience without plug-anxiety, due to the solar charging truck bed cover. With the Worksport solar solution, our customers can enjoy their on- and off-road activities while adding to their electric charge at the same time.”
Hercules will integrate the solar charging tonneau cover into its core architecture. The solar cover’s overall charging is similar power to a level 1 cord plugged into a standard 110VAC outlet, Worksport says.
