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Taiga Motors Corp T.TAIG

Alternate Symbol(s):  TAIMF | T.TAIG.W

Taiga Motors Corporation is a Canada-based company, which is reinventing the powersports landscape with electric off-road vehicles. The Company is focused on research and development, design, production, marketing and distribution of all-electric powersport vehicles. The first models released include a lineup of electric snowmobiles and personal watercraft to deliver to recreational and commercial customers. The Company has developed electric snowmobiles and personal watercraft vehicles. It completed deliveries of 145 vehicles, which consisted of 43 Orca Carbons personal watercraft and 102 Nomad snowmobiles to customers in Canada and the United States. Its Montreal headquarters contain its two leased facilities totaling approximately 180,000 square feet. The Company is developing its Montreal facility.


TSX:TAIG - Post by User

Post by stupidemailson Jul 24, 2022 12:38pm
429 Views
Post# 34846336

First Delivery of Water Craft Machines

First Delivery of Water Craft Machines

Taiga Begins Deliveries of its Orca Electric Personal Watercraft

07/11/2022

Bringing revolutionary off-road technology from snow to water marks milestone year with second vehicle category sales

MONTREAL, July 11, 2022 /CNW/ - Taiga Motors Corporation (TSX: TAIG) ("Taiga" or the "Company"), a leading electric off-road vehicle manufacturer, today announced it initiated deliveries of its Orca™ personal watercraft. Taiga's 2022 Orca marks its world's first electric personal watercraft sale, as the Company continues to ramp up production, furthering its legacy of being a pioneer in the electric powersports industry.

The Taiga team celebrates its first 100% electric personal watercrafts, the Orcas coming off the production line. (CNW Group/Taiga Motors Corporation)

"This is a significant moment for the Taiga team because not only are we kicking off summer with Orca deliveries, but we are proudly marking the milestone of the first-ever mass-produced electric watercraft available to consumers," said Samuel Bruneau, Taiga CEO. "Years of engineering and testing of our revolutionary electric powertrain platform in snow and water has now come full circle, truly changing how people connect with the outdoors."

Taiga developed the world's first performance-focused, commercial electric off-road powertrain pioneering cutting-edge technology to electrify the off-road segment. First installed into its snowmobiles, then adapted and fine-tuned for the Orca personal watercraft. Orca quietly powers through water with up to 120kW and peak torque from zero RPM. Orca delivers reliable, linear power for precise performance, and ultimate thrills of gliding through the water.

Orca redefines the personal watercraft experience with silent operation, powerful efficiency, no engine maintenance and intelligent connectivity. The Orca Carbon model features a unique carbon fiber composite hull hydrodynamically engineered for dynamic handling with leading power-to-weight ratio and stunning customizable color/finish combinations.

Taiga's deliveries of the Orca personal watercraft are another achievement in its ongoing mission to electrify the off-road segment, the most challenging and demanding vehicle category. Taiga initiated North American deliveries of its Nomad snowmobile in March, made its European debut in April, and supplied units to Qubec's Parks and Wildlife Reserve Agency, Spaq in May. Taiga was also recently named Fast Company's 2022 Best World Changing Idea Overall in North America. 

The Honourable Franois-Philippe Champagne, minister of Innovation, Science and Industry Canada congratulates Taiga for this achievement: "Our government has always been a champion for a greener economy. This's why, last year, we recognized the leading role Taiga is playing in the electrified powersports industry, and stepped up to support the manufacturing of their electric vehicles. I'm very pleased to see this Canadian company beginning deliveries of their first-ever electric personal watercraft. We will continue to support Canadian businesses that are on the cutting-edge of green innovation – it's good for the economy, the environment, and Canadians." 

Pierre Fitzgibbon, Minister of Economy and Innovation for Quebec says: "Taiga is focusing on innovation by allowing users to practice their favourite activity without polluting with this new electric watercraft. For 100 years now, we have been innovating in Quebec by creating off-road vehicles. I am proud that we continue in this direction today with their electrification."

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