MONTREAL, Sept. 14,
2023 /CNW/ - The leading off-road vehicles
manufacturer, Taiga Motors Corporation (TSX: TAIG) ("Taiga" or
the "Company"), will ring the bell at the Toronto Stock Exchange
("TSX") at 9:30 AM today. This highly
anticipated event will commemorate Taiga's remarkable two-year
journey in the public market.
"It is an honor for us to ring the opening bell today,
especially as a young Canadian company leading the world in path
towards sustainable powersports with the first ever
mass-manufactured off-road fully electric vehicles. We've come a
long way, building our company from scratch, in a sector where
electrification presented significant challenges that established
manufacturers were hesitant to undertake," expressed Sam Bruneau, CEO, and co-founder of Taiga. "We
are sparing no effort in advancing our capabilities to scale, while
continuing to create hundreds of jobs in the Canadian tech
manufacturing sector. We continue to execute on our 2023 business
plan and beyond, but it wouldn't be possible without the support of
our shareholders, investors, employees, and customers, and their
belief in our mission," he added.
Paul Achard, Chief Development
Officer, and co-founder of Taiga, reflected, "We're very proud of
the momentum that Taiga is creating as we rapidly ramp up our
production thanks to the hard work of our dedicated teams. I've
said this before: there is nothing easy about building industry
first products. Technologically, it is incredibly complex and it's
the result of years of dedicated research and development. As we
venture into this next phase, we are resolute in preserving our
first-mover advantage."
"Taiga is not just about electric vehicles; it's about rewriting
the future of the powersports industry. For us, technology is at
the heart of this visionary endeavor, it is part of our DNA. We've
always maintained that we are equally a tech company that invests
in R&D as we are a powersports manufacturing company. We're not
just driving change; we're engineering a technological revolution",
concluded Gabriel Bernatchez, Chief
Technology Officer, and co-founder of Taiga.
Ready for Mass-market Powersports
Electrification
Showcasing its commitment to accelerating uncompromising access
to the outdoor, Taiga has invested strategically to enhance its
production efficiency through cutting-edge automation. Its latest
vehicles, such as the 2023 NomadTM snowmobile and
the new OrcaTM Performance personal watercraft, have
been re-engineered for greater manufacturability, without
compromise on high-performance. For more information, visit
taigamotors.ca
Watch Live! Join Taiga at the Toronto Stock Exchange
by tuning into the TMX Group YouTube Channel prior to 9:30 AM.
Media Interviews Samuel Bruneau, Gabriel Bernatchez, and Paul Achard, the three co-founders of Taiga,
will be available for exclusive interviews.
For further inquiries or to arrange media interviews,
please contact:
Wissal El Alaoui, PR
Manager
wissal.elalaoui@taigamotors.ca
(514) 968-0608
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
www.taigamotors.com.
Forward-Looking
Statements
This press release contains "forward-looking information"
within the meaning of applicable securities laws. Forward-looking
statements generally, but not always, can be identified using
forward-looking terminology such as "outlook", "objective", "may",
"could", "would", "will", "expect", "intend", "estimate",
"forecasts", "project", "seek", "anticipate", "believes", "should",
"plans" or "continue", or similar expressions suggesting future
outcomes or events and the negative of any of these terms.
Forward-looking information involves known and unknown risks and
uncertainties, many of which are beyond the Company's control, that
could cause actual results to differ materially from those that are
disclosed in or implied by such forward-looking information. These
risks and uncertainties include, but are not limited to, those
described in the Company's management's discussion and analysis for
the three and six-month periods ended June
30, 2023, and under the "Risk Factors" section of the
Company's annual information form filed on March 30, 2023, available on the Company's SEDAR
profile at www.sedarplus.ca.
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 forward-looking statements included in this news release
are qualified by these cautionary statements. Unless otherwise
indicated, the forward-looking statements contained herein are made
as of the date of this news release, and except as required by
applicable law, Taiga does not undertake any obligation to publicly
update or revise any forward-looking statement, whether because of
added information, future events or otherwise.
SOURCE Taiga Motors Corporation