WKSP WORKSPORT LTD

Infineon and Worksport collaborate to reduce weight and cost of portable power stations with GaN

Infineon and Worksport collaborate to reduce weight and cost of portable power stations with GaN

Munich, Germany and West Seneca, NY, USA, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) has announced a collaboration with Worksport Ltd. (Nasdaq: WKSP;). Worksport will use Infineon’s GaN power semiconductors GS-065-060-5-B-A in the converters for its portable power stations to increase efficiency and power density. Enabled by Infineon’s GaN transistors, the power converters will be lighter and smaller in size with reduced system costs. In addition, Infineon will support Worksport in the optimization of circuits and layout design to further reduce size and increase power density.

“Infineon’s high-quality standard and solid supply chain provide us with the best components to ensure power-dense converters for our COR system product line and contribute to a first-class end product performance,” said Worksport CEO Steven Rossi. The company’s COR battery system can be integrated into a pickup truck or recharged by any solar panel or wall outlet. By replacing the former silicon switch in the power converter with Infineon’s GaN power semiconductors and operating the transistors at higher switching frequency, Worksport will be able to reduce the battery system weight by 33 percent and system costs by up to 25 percent.

The working relationship with Infineon will also help Worksport to reduce CO2 in the manufacturing process. GaN is proving itself as a game-changing technology across many markets and applications. For example, in data centers, GaN solutions have a global energy savings potential of 21 TWh annually, 10 million tons1 of Carbon Dioxide (CO2) equivalent. “In order to further drive electrification and decarbonization, the industry’s power designs require innovation,” said Johannes Schoiswohl, Business Line Head GaN Systems of Infineon’s Power & Sensor Systems Division. “With our GaN power semiconductors we enable Worksport to create the next generation portable power stations that users require.”

Infineon’s GS-065-060-5-B-A is an Automotive-grade 650 V enhancement mode GaN-on-Silicon power transistor. It offers very low junction-to-case thermal resistance for demanding high power applications such as on-board chargers, industrial motor drives and solar inverters. Furthermore, it features simple gate drive requirements (0 V to 6 V) and a transient tolerant gate drive (-20 / +10 V).

More information about Infineon’s GaN solutions is available at

Availability

The GS-065-060-5-B-A is available in a bottom-cooled, low inductance GaNPX® package.

More information is available at

About Worksport

Worksport Ltd. (Nasdaq: WKSP; WKSPW), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and NP (Non-Parasitic), Hydrogen-based technology. Terravis Energy’s website is . For more information, please visit

About Infineon

Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 58,600 employees worldwide and generated revenue of about €16.3 billion in the 2023 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

Further information is available at

This press release is available online at

Follow us: - -

For additional information, please contact:

Steven Obadiah, Investor Relations, Worksport Ltd.

T: 1 (888) 554 8789 E: W:

Public / For the Trade Press: INFPSS2024xx.xxxe 
Veronika Seifried (Headquarters)

Agnes Toan (Americas)

Chi Kang David Ong (Asia-Pacific)

Lin Zhu (Greater China)

Yasuyuki Kamiseki (Japan)
  2





9

 







 Investor Relations:

5




1 Source: IEA, Emission Factors 2022: CO2 emissions per kWh of electricity (459 t CO2/GWh)



EN
07/02/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on WORKSPORT LTD

 PRESS RELEASE

Worksport ($WKSP) B2B Sales Surge as Active Dealer Network Expands 42%...

Worksport ($WKSP) B2B Sales Surge as Active Dealer Network Expands 42% in One Quarter B2B Revenue Grows at 25% Monthly Geometric Rate; Dealer Adoption Accelerates Ahead of HD3 and Clean-Tech Launches West Seneca, New York, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based innovator in advanced manufacturing and distributed clean energy technologies, serving both consumer and industrial markets, today issued an update on its business-to-business (B2B) expansion, announcing record dealer adoption and rapid compounding revenue grow...

 PRESS RELEASE

Worksport ($WKSP) Corporate Update: Record Margins, Strategic Expansio...

Worksport ($WKSP) Corporate Update: Record Margins, Strategic Expansion, Imminent Product Launch Q3 revenue on record pace; SOLIS & COR to launch late Q4; Terravis pursuing validation and global partnerships West Seneca, New York, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today provided a comprehensive corporate update for September 2025, highlighting strong revenue growth, expanding margin...

 PRESS RELEASE

BREAKING: Worksport Posts Fourth Consecutive Monthly Sales Record in J...

BREAKING: Worksport Posts Fourth Consecutive Monthly Sales Record in July 2025; Gross Margin Reaches 31% Target One Quarter Early Company Achieves Consistent Growth With Four Straight Record Months; Gross Margin Expands 2,000+ Basis Points in Three Quarters; Production Hits Strongest Levels to Date West Seneca, New York, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets, today reported tha...

 PRESS RELEASE

Worksport to Present at Wall Street Reporter’s “Next Super Stock” Live...

Worksport to Present at Wall Street Reporter’s “Next Super Stock” Livestream on September 4, 2025, at 1 PM ET CEO Steven Rossi to Showcase Worksport’s Momentum in U.S. Manufacturing, Expanding Dealer Network, and Launch of SOLIS & COR Clean-Tech ProductsWest Seneca, New York, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets, today announced that CEO Steven Rossi will present live on Wall S...

 PRESS RELEASE

Worksport Posts Q2 2025 Results: Gross Profit Increases 173%, Revenue ...

Worksport Posts Q2 2025 Results: Gross Profit Increases 173%, Revenue Jumps 83%, Margin Expands 870 bps, Operating Loss Improves 15% [QoQ]. Company Reaffirms ≥$20 Million 2025 Revenue Target and Highlights Clear Path to Near-Term Operational Cash Flow Positivity West Seneca, New York, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced record financial and operational results for the q...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch