00:57:03 EDT Mon 20 May 2024
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Taiga Motors Corp
Symbol TAIG
Shares Issued 31,825,716
Close 2024-03-13 C$ 0.65
Market Cap C$ 20,686,715
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Taiga Motors supplies electric snowmobiles to Alterra

2024-03-13 11:18 ET - News Release

Mr. Sam Bruneau reports

ALTERRA MOUNTAIN COMPANY PARTNERS WITH TAIGA TO ADD ELECTRIC SNOWMOBILES TO ITS FLEETS ACROSS 15 SKI MOUNTAIN DESTINATIONS

Taiga Motors Corp. has become a supplier of electric snowmobiles for Alterra Mountain Company. Alterra is committed to reducing its carbon footprint and transitioning its snowmobiles to electric to achieve carbon neutrality across its North American mountain destinations.

Protecting the mountains for generations to come

Change is coming and, with it, a shift toward sustainable practices in the heart of winter tourism. "We know the impacts of climate change are threatening the mountain lifestyle and activities we love," said Darcie Renn, vice-president of sustainability at Alterra Mountain Company. "That's why we're committed to efforts to protect the mountains for generations to come. Transitioning some of our snowmobile fleet to Taiga's electric snowmobiles was a great choice for us to expand our on-mountain EV [electric vehicle] fleet and propel us forward in our ambitious carbon reduction journey."

Nomad performance goes beyond mere transportation; it symbolizes a dedication to reducing carbon emissions while elevating on-mountain operations.

"Following testing across 15 of their iconic mountain destinations, we're proud to continue to support Alterra in their lower-carbon mission," said Sam Bruneau, chief executive officer and co-founder at Taiga. "Not only are the Nomad snowmobiles contributing to reducing emissions but doing so while lowering operating costs and delivering uncompromising performance."

This partnership marks a significant step forward in the movement toward sustainable mountain operations and underscores both Alterra and Taiga's commitment to accelerate the transition to electric off-road vehicles to protect winter adventures for future generations.

"We've been using our Nomad snowmobile for three months and have put it through its paces across the mountain," said Eric Gadoua, mountain operations director at Tremblant, an Alterra Mountain Company destination. "While our guests have been loving their odourless and quiet ride, our operations team is equally impressed with their performance and reliability."

The perfect sport utility snowmobile with quiet, emission-free operations

Nomad, the world's first mass-produced 100-per-cent-electric snowmobile, is a game changer for mountain operations and ski resorts. This versatile sport utility snowmobile is emission-free and operates quietly, ensuring that the natural beauty of the area is not disturbed by loud revving or exhaust fumes. Additionally, it requires no powertrain maintenance and does not require gas or oil, making it a cost-effective option over time. The ideal winter workhorse, Nomad offers a range of up to 100 kilometres and boasts an impressive towing capacity of 511 kilograms (1,125 pounds).

About Taiga Motors Corp.

Taiga is a Canadian company reinventing the power sports 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 power sports 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.

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