Benzinga

España
Italia
대한민국
日本
Français
Benzinga Edge
Benzinga Research
Benzinga Pro

  • Get Benzinga Pro
  • Data & APIs
  • Events
  • Premarket
  • Advertise
Contribute
España
Italia
대한민국
日本
Français

Benzinga

  • Premium Services
  • Financial News
    Latest
    Earnings
    Guidance
    Dividends
    M&A
    Buybacks
    Interviews
    Management
    Offerings
    IPOs
    Insider Trades
    Biotech/FDA
    Politics
    Healthcare
    Small-Cap
  • Markets
    Pre-Market
    After Hours
    Movers
    ETFs
    Options
    Cryptocurrency
    Commodities
    Bonds
    Futures
    Mining
    Real Estate
    Volatility
  • Ratings
    Analyst Color
    Downgrades
    Upgrades
    Initiations
    Price Target
  • Investing Ideas
    Trade Ideas
    Long Ideas
    Short Ideas
    Technicals
    Analyst Ratings
    Analyst Color
    Latest Rumors
    Whisper Index
    Stock of the Day
    Best Stocks & ETFs
    Best Penny Stocks
    Best S&P 500 ETFs
    Best Swing Trade Stocks
    Best Blue Chip Stocks
    Best High-Volume Penny Stocks
    Best Small Cap ETFs
    Best Stocks to Day Trade
    Best REITs
  • Money
    Investing
    Cryptocurrency
    Mortgage
    Insurance
    Yield
    Personal Finance
    Forex
    Startup Investing
    Real Estate Investing
    Prop Trading
    Credit Cards
    Stock Brokers
Research
My Stocks
Tools
Free Benzinga Pro Trial
Calendars
Analyst Ratings Calendar
Conference Call Calendar
Dividend Calendar
Earnings Calendar
Economic Calendar
FDA Calendar
Guidance Calendar
IPO Calendar
M&A Calendar
Unusual Options Activity Calendar
SPAC Calendar
Stock Split Calendar
Trade Ideas
Stock Reports
Insider Trades
Trade Idea Feed
Analyst Ratings
Unusual Options Activity
Heatmaps
Free Newsletter
Government Trades
Perfect Stock Portfolio
Easy Income Portfolio
Short Interest
Most Shorted
Largest Increase
Largest Decrease
Calculators
Margin Calculator
Forex Profit Calculator
100x Options Profit Calculator
Screeners
Stock Screener
Top Momentum Stocks
Top Quality Stocks
Top Value Stocks
Top Growth Stocks
Compare Best Stocks
Best Momentum Stocks
Best Quality Stocks
Best Value Stocks
Best Growth Stocks
Connect With Us
facebookinstagramlinkedintwitteryoutubeblueskymastodon
About Benzinga
  • About Us
  • Careers
  • Advertise
  • Contact Us
Market Resources
  • Advanced Stock Screener Tools
  • Options Trading Chain Analysis
  • Comprehensive Earnings Calendar
  • Dividend Investor Calendar and Alerts
  • Economic Calendar and Market Events
  • IPO Calendar and New Listings
  • Market Outlook and Analysis
  • Wall Street Analyst Ratings and Targets
Trading Tools & Education
  • Benzinga Pro Trading Platform
  • Options Trading Strategies and News
  • Stock Market Trading Ideas and Analysis
  • Technical Analysis Charts and Indicators
  • Fundamental Analysis and Valuation
  • Day Trading Guides and Strategies
  • Live Investor Events
  • Pre-market Stock Analysis and News
  • Cryptocurrency Market Analysis and News
Ring the Bell

A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.

  • Terms & Conditions
  • Do Not Sell My Personal Data/Privacy Policy
  • Disclaimer
  • Service Status
  • Sitemap
© 2026 Benzinga | All Rights Reserved
April 20, 2023 9:32 AM 5 min read

The Era Of Electric Pickups Is Almost Here

by Upwallstreet Benzinga Contributor
Follow
FlipboardIcon version of the Flipboard logo

Worksport Ltd. (NASDAQ:WKSP)(NASDAQ:WKSPW) proudly revealed today that its advanced, industry-leading folding soft tonneau covers for light-duty trucks should be available in the next four weeks in a range of sizes and configurations adjusted for pickup trucks from nine automotive manufacturers. These manufacturers are Chevrolet, Jeep, Dodge, RAM, Ford Motor (NYSE:F), Nissan Motor Co Ltd (OTC:NSANY), Honda Motor Co (NYSE:HMC), Hyundai Motor Company (OTC:HYMTF) and Toyota Motor Corporation. 

Specifics

General Motors (NYSE:GM)-owned GMC is in for 14 covers as Worksport will be equipping the Chevrolet Silverado and Chevrolet Colorado trucks. Chevrolet just revealed it is launching a diesel-powered pickup Silverado along with its electric Silverado this year. On April 18th, General Motors confirmed that its entire EV lineup will be eligible for the full $7,500 tax credit under the Inflation Reduction Act. Moreover, General Motors will have the most EVs eligible for tax incentive.  is undergoing a serious EV transformation. General Motors has been speeding up its EV shift lately and diving deeper into the EV design process, but unlike its peers who are ratcheting production, GM is increasing production slowly and expecting significant U.S. production in the second half of the year.  

As for Stellantis NV (NYSE:STLA), Worksport will be making two covers for its Jeep Gladiator trucks, also two covers for Dodge Dakota trucks, and as many as 10 covers for RAM trucks. 

As for Ford, there will be 21 configurations for the F-150, America’s best-selling pickup, along with the Super Duty, Ranger, and Maverick models. 

As for Asia, Worksport has developed 11 distinct configurations for the Nissan Frontier and Titan brands. It will be providing 14 units to the Toyota Tundra and Tacoma ranges. Two will be developed for the Honda Ridgeline series while the Hyundai Santa Cruz is in for a distinctive cover which will help Hyundai achieve its aim to become one of the top three global EV manufacturers by the end of the decade. 

Stellantis-owned Jeep Unveiled Its 2024 Wrangler SUV

RAM’s Smaller Electric Pickup Possibly Underway

RAM CEO Mike Koval Jr. has hinted that a smaller electric truck could be on the way during the New York Auto Show, with the vehicle being crucial if the brand wishes to expand to Europe where larger vehicles don’t sell as well. 

Ford Continues On Its Electrification Path

Nissan Unveiled An Electric SUV For The Chinese Market

Honda continues stepping up its EV efforts with SUVs

At the beginning of the year, Honda has launched a new business unit to accelerate its EV progress. Having lagged behind competitors, it is now stepping up its game as it revealed three new electric SUVs that will be launched in China next year. These two pre-production prototypes and one concept model were revealed at the Auto Shanghai 2023.

Toyota’s Leadership Shift Remains Committed To Hybrids

Electric Pickups Could Be The Game Changer In The EV Universe

DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice. 

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.


Posted In:
TechcontributorsEVs
WKSP Logo
WKSPWorksport Ltd
$1.32-2.22%
Overview
F Logo
FFord Motor Co
$12.13-0.16%
GM Logo
GMGeneral Motors Co
$75.02-0.25%
HMC Logo
HMCHonda Motor Co Ltd
$27.24-%
HYMTF Logo
HYMTFHyundai Motor Co GDR Repr 1/2 Non-Vtg Sh Reg-S
$51.00-%
MSBHF Logo
MSBHFMitsubishi Corp
$31.45-2.71%
NSANY Logo
NSANYNissan Motor Co Ltd
$4.69-1.05%
RNLSY Logo
RNLSYRenault SA
$6.50-1.07%
STLA Logo
STLAStellantis NV
$7.170.28%

As part of the next stage of off-road sales battle with Ford Bronco, Jeep unveiled it is updating its flagship SUV with more capability, technology and features in an effort to attract off-road buyers with a plug-in hybrid electric version, or PHEV, that the brand named “4xe.” Jeep is playing an important part in electrification plans of its parent company Stellantis. Stellantis committed to spend more than $32.7 billion by the end of 2025 under its electrification strategy as it targets selling 5 million EVs by the end of the decade, with 50% of them being passenger vehicles and light duty trucks in the U.S. 

On Tuesday, Ford revealed it is intensifying its electrification strategy as it will be committing about $1.3 billion to transform its Oakville Assembly Plant in Ontario, Canada into a new electric vehicle hub, renaming it the Oakville Electric Vehicle Complex. This will be the place where the Blue Oval will be building its next-generation EVs that are due to hit market around 2025. Moreover, it is the first time that Ford will be completely retooling a North American facility that produces ICE-powered vehicles into one that manufactures EVs. 

On Monday, Nissan revealed its electric SUV concept at the Shanghai Auto Show named the Arizon. The vehicle is due to be built on a platform that Nissan is sharing with Renault SA (OTC:RNLSY), Mitsubishi Corporation (OTC:MSBHF) and Infiniti.  Under its Nissan Ambition 2030 plan, the automaker has recently accelerated its EV efforts in Europe and Japan, but not in the U.S. 

The newly elected CEO, Koji Sato, who took charge on April 1st has a hard task of taking Toyota to the electric era. Despite doubling its EV efforts, Toyota is not giving up on hybrids as it works on a new EV-only platform, according to Reuters. On April 7th, Reuters reported that the new leadership revealed ten new EV models are planned to be rolled out by 2026 along with the 2026 sales goal of 1.5 million EVs. This sales target is drastically different from Toyota’s global 2022 EV sales of 24,000 vehicles, which was a far cry from its total 2022 car sales that amounted to 10.5 million.

Undoubtedly, China, Europe and the U.S. are powering ahead towards an EV future. The features of these vehicles are all about tech and software, while combustion engine vehicles were all about the mechanics and hardware. But, electric pickups go even further than that, perhaps because they promise to redefine the way we think about pickups in general. these vehicles promise to boost the self-confidence of inexperienced drivers as they will be the perfect companion both on and off-roads. With Worksport’s Terravis solar powered covers and COR portable battery, pickup drivers will be able to power remote locations and upgrade their camping trips in an emissions-free manner. Without components of internal combustion engines, pickups will offer massive storage spaces. Therefore, perhaps it’s not an overstatement to say that this year’s EV success rests on the shoulders of electric pickups as 2023 has already been dubbed as the year of the electric pickup and for good reason. 

WKSP Logo
WKSPWorksport Ltd
$1.32-2.22%
Overview
F Logo
FFord Motor Co
$12.13-0.16%
GM Logo
GMGeneral Motors Co
$75.02-0.25%
HMC Logo
HMCHonda Motor Co Ltd
$27.24-%
HYMTF Logo
HYMTFHyundai Motor Co GDR Repr 1/2 Non-Vtg Sh Reg-S
$51.00-%
MSBHF Logo
MSBHFMitsubishi Corp
$31.45-2.71%
NSANY Logo
NSANYNissan Motor Co Ltd
$4.69-1.05%
RNLSY Logo
RNLSYRenault SA
$6.50-1.07%
STLA Logo
STLAStellantis NV
$7.170.28%
Comments
Loading...