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.
"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 electricity 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
Québec's Parks and Wildlife Reserve Agency, Sépaq in May. Taiga was
also recently named Fast Company's 2022 Best World Changing Idea
Overall in North America.
The Honourable François-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."
About Taiga
Taiga (TSX: TAIG) is a Canadian company reinventing the
powersports landscape with breakthrough electric off-road vehicles.
Through a clean-sheet engineering approach, Taiga has pushed the
frontiers of electric technology to achieve extreme power-to-weight
ratios and thermal specifications required to outperform comparable
high-performance combustion powersports vehicles. The first models
released include a lineup of electric snowmobiles and personal
watercraft to deliver on a rapidly growing demand from recreational
and commercial customers who are seeking better ways to explore the
great outdoors without compromise. For more information, visit
https://www.taigamotors.com.
Forward-Looking
Statements
This press release contains "forward-looking information"
within the meaning of applicable Canadian securities legislation.
Such forward-looking information includes, but is not limited to,
information with regards to the anticipated performance of customer
deliveries, the expected production times, the anticipated
perormance of customer experiences and customer demand for Taiga's
products, as well as information with respect to our beliefs,
plans, expectations, anticipations, estimates and
intentions.
This forward-looking information is identified by the use of
terms and phrases such as "may", "would", "should", "could",
"expect", "intend", "estimate", "anticipate", "plan", "foresee",
"believe", and "continue", as well as the negative of these terms
and similar terminology, including references to assumptions,
although not all forward-looking information contains these terms
and phrases. Forward-looking information is provided for the
purposes of assisting the reader in understanding the Company and
its business, operations, prospects and risks at a point in time in
the context of historical and possible future developments and
therefore the reader is cautioned that such information may not be
appropriate for other purposes.
Forward-looking information is based on a number of
assumptions and is subject to a number of risks and uncertainties,
many of which are beyond our control. These risks and uncertainties
include, but are not limited to, those described in the Company's
management's discussion and analysis for the three month periods
ended March 31, 2022, and 2021, and
under the "Risk Factors" section of the Company's annual
information form filed on March 28,
2022 on the Company's SEDAR profile
at sedar.com.
Forward-looking statements reflect management's current
beliefs, expectations and assumptions and are based on information
currently available to management. Readers are cautioned not to
place undue reliance on forward-looking statements, as there can be
no assurance that the future circumstances, outcomes or results
anticipated or implied by such forward-looking statements will
occur or that plans, intentions or expectations upon which the
forward-looking statements are based will occur. By their nature,
forward-looking statements involve known and unknown risks and
uncertainties and other factors that could cause actual results to
differ materially from those contemplated by such
statements.
All of the forward-looking information contained in this
press release is qualified by the foregoing cautionary statements,
and there can be no guarantee that the results or developments that
we anticipate will be realized or, even if substantially realized,
that they will have the expected consequences or effects on our
business, financial condition or results of operation. Unless
otherwise noted or the context otherwise indicates, the
forward-looking information contained herein is provided as of the
date hereof, and we do not undertake to update or amend such
forward-looking information whether as a result of new information,
future events or otherwise, except as may be required by applicable
law.
Source:
Bradley
Grill
Director of Communications, Taiga
bradley.grill@taigamotors.ca
+1 514 616 2000
View original content to download
multimedia:https://www.prnewswire.com/news-releases/taiga-begins-deliveries-of-its-orca-electric-personal-watercraft-301583539.html
SOURCE Taiga Motors Corporation