TAIGA BEGINS DELIVERY OF ORCA CARBON ELECTRIC WATERCRAFT IN FLORIDA

FT. LAUDERDALE, FL, Dec. 21, 2022 /PRNewswire/ - Taiga Motors Corporation ("Taiga" or the "Company") (TSX: TAIG), a leading electric off-road vehicle manufacturer, announced today it has commenced deliveries of its Orca™ Carbon personal watercraft in Florida. The Sunshine State boasts year-round waterway access and features the second highest electric vehicle (EV) adoption rate in the country.

"The impressive boating culture, paired with high-public awareness of EVs, positions Florida as a premiere destination for Taiga," said Sam Bruneau, CEO at Taiga. "We're thrilled to welcome the first Florida owners with our Taiga Service Providers program."  

The Taiga Service Provider (TSP) program supports owners from vehicle pick-up to lifetime service and support. This innovative servicing model amplifies Taiga's geographic reach across the direct-to-consumer model in our mission to accelerate powersports electrification. The highly selective program seeks businesses in alignment with Taiga's standard of excellence, and most importantly, an unparalleled dedication to the customer.

Taiga initiated deliveries of Orca Carbon in July, and now marks its entry into the largest boating market in North America.

Orca Carbon was recently awarded Popular Science Best of What's New 2022, is a nominee for Boat of the Year 2022 by Boating Magazine, and recognized to TIME's List of Best Inventions of 2022 alongside Taiga's Nomad™ snowmobile. 

Orca Carbon redefines the personal watercraft experience with silent operation, precise handling, and unreal power delivery. The personal watercraft features a unique carbon fiber composite hull hydrodynamically engineered for dynamic handling, matched with a floating seat and streamlined body in stunning color and finish combinations.

Taiga developed the world's first performance-focused, commercial electric off-road powertrain pioneering innovative technology to electrify the off-road segment. First debuting on Taiga snowmobiles, then fine-tuned for the Orca personal watercraft platform.

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, including statements with regards to the anticipated performance of customer deliveries, the ability to advance the Taiga Service Providers program in a measured manner and the associated benefits in respect thereof, including increased capacity. 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 nine-month periods ended September 30, 2022, 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 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