Taiga Begins Deliveries of its Orca Electric Personal Watercraft

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

MONTREAL, 11 July 2022 / PRNewswire / – Taiga Motors Corporation (TSX: TAIG) (“Taiga” or the “Company”), a leading manufacturer of electric off-road vehicles, announced today that it has started deliveries of its Orca personal watercraft. Taiga’s 2022 Orca is its world’s first electric personal watercraft sale as the company continues to increase production, furthering its legacy of being a pioneer in the electric power sports industry.

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

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

“This is an important moment for the Taiga team as not only are we kicking off the summer with Orca deliveries, but we are proud to mark the milestone of the first mass-produced electric watercraft available to consumers,” he said. said Samuel BruneauTaiga CEO. “Years of engineering and testing of our revolutionary electric propulsion platform in snow and water have now reached a full circle, which is truly changing the way people make contact with the outdoors.”

Taiga has developed the world’s first performance-focused, commercial electric off-road drive groundbreaking cutting-edge technology to power the off-road segment. First installed in his snowmobiles, then adapted and refined for the Orca custom watercraft. Orca drives calmly through water with up to 120kW and peak torque from zero RPM. Orca delivers reliable, linear power for precise work performance, and ultimate excitement for gliding through the water.

Orca redefines the personal watercraft experience with quiet operation, powerful efficiency, no engine maintenance and intelligent connectivity. The Orca Carbon model features a unique carbon fiber composite hull that is hydrodynamically designed for dynamic handling with a leading power-to-weight ratio and beautiful 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 began delivering North American deliveries of its Nomad snowmobile in March, making its European debut in April and supplying units to Québec’s Parks and Nature Reserve Agency, Sépaq, in May. Taiga was also recently named Fast Company’s 2022 best world – changing idea overall in North America.

The Honorable François-Philip ChampagneMinister of Innovation, Science and Industry Canada congratulates Taiga on this achievement: “Our government has always been a fighter for a greener economy. That is why last year we recognized the leading role that Taiga plays in the electrified power sports industry, and acted to produce their electric vehicles I am very pleased to see this Canadian company start delivering their first electric personal watercraft ever.We will continue to support Canadian businesses that are at the forefront of green innovation – it’s good for the economy, the environment and Canadian. “

Pierre Fitzgibbon, Minister of Economy and Innovation for Quebec says: “Taiga focuses on innovation by allowing users to engage in their favorite activity without polluting with this new electric watercraft. We have been innovating for 100 years now. Quebec by creating off-road vehicles. I am proud that we are continuing in this direction today with their electrification. ”

About Taiga

Taiga (TSX: TAIG) is a Canadian company rediscovering the power sports landscape with breakthrough electric off-road vehicles. Through a clean-blade engineering approach, Taiga has pushed the boundaries of electrical technology to achieve extreme power-to-weight ratios and thermal specifications needed to outperform comparable high-performance combustion power vehicles. The first models released include a range of electric snowmobiles and personal watercraft to cater to a rapidly growing demand of leisure and commercial customers looking for better ways to explore the 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 security legislation. Such forward-looking information includes, but is not limited to, information regarding the expected performance of customer deliveries, the expected production times, the expected performance of customer experiences and customer demand for Taiga’s products, as well as information regarding us. beliefs, plans, expectations, expectations, estimates and intentions.

This forward-looking information is identified by the use of terms and phrases such as “power”, “would”, “should”, “could”, “expect”, “intended”, “estimate”, “expected”, “planned”. “,” provide “,” believe “and” continue “, as well as the negatives of these terms and similar terminology, including references to assumptions, although not all forward-looking information contains these terms and phrases. to assist the reader to understand the Company and its business, operations, prospects and risks at some point in the context of historical and possible future developments and therefore the reader is warned that such information may not be suitable for other purposes not.

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 discussion and analysis for the three month periods ended. 31 March 2022and 2021, and under the “Risk Factors” section of the company’s annual information form which 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 rely unnecessarily on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results expected or implied by such forward-looking statements will occur or that plans, intentions or expectations on which -search statements is based will occur. By the nature of the case, 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 forward-looking information contained in this press release is qualified by the foregoing prudential statements, and there can be no guarantee that the results or developments we expect will be realized or, even if it is materially realized, that they will meet expectations. have effects or effects on our business, financial condition or results of operation. Unless otherwise stated or the context indicates otherwise, the forward-looking information contained herein is provided from 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 required by applicable law.

Bradley Grill
Director of Communications, Taiga
+1 514 616 2000



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SOURCE Taiga Motors Corporation

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