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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... see more

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Taiga Motors Corp > Taiga Announces Fourth Quarter

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Post by Betteryear2 on Apr 02, 2024 4:00pm

Taiga Announces Fourth Quarter

Produced 417 vehicles during the fourth quarter of 2023, resulting in 1,056 vehicles produced during the full year 2023
Recorded $6.1 million of revenue in the fourth quarter of 2023 and $16.1 million during the full year 2023
Began deployment of enhanced omnichannel sales model with distribution to key international markets in the U.A.E. and South America
Completed production launch on optimized high volume OrcaTM Performance PWC and NomadTM snowmobile product platforms achieving over 50 unit per week production on both product lines

MONTREAL, April 2, 2024 /CNW/ - Taiga Motors Corporation (TSX: TAIG) ("Taiga" or the "Company"), a leading electric off-road vehicle manufacturer, today reported its financial and operating results for the year ended December 31, 2023.

Taiga Announces Fourth Quarter and Full Year 2023 Results (newswire.ca)