TAIGA ORCA CARBON ELECTRIC WATERCRAFT AWARDED POPULAR SCIENCE 2022 BEST OF WHAT'S NEW

Continuing Taiga's Recognition for its Industry Disrupting Innovation and Advanced Design

MONTREAL, Dec. 2, 2022 /PRNewswire/ - Taiga Motors Corporation (TSX: TAIG) ("Taiga" or the "Company"), a leading electric off-road vehicle manufacturer, today announced its Orca^™ Carbon watercraft has been awarded Popular Science's 2022 Best of What's New Award. Popular Science revealed the winners, which features the 100 top inventions across 10 categories, Orca Carbon is the winner in the Sports and Outdoor category.

"At Taiga we're building products that are pushing the boundaries of what technology can achieve. We're thrilled that Orca Carbon is featured alongside exceptional inventions shaping our world," said Taiga CEO Sam Bruneau. "This honour strengthens the Taiga spirit of relentless innovation to connect adventure seekers to the outdoor world with high-tech and sustainable vehicles that are revolutionizing powersports."

Established in 1872, Popular Science is one of America's oldest and most trusted magazine brands. Since 1988, the editors of Popular Science have reviewed thousands of products in search of the top 100 innovations– breakthrough products and technologies that represent significant advancements in their categories. These 10 categories include: Aerospace, Automotive, Engineering, Entertainment, Gadgets, Health, Home, Personal Care, Sports & Outdoors, and Emergency Services & Defense.

"The Best of What's New Awards are our way of celebrating the most exciting and ground-breaking innovations of the year. These awards highlight the revolutionary inventions that are helping to improve our daily lives, our society, and our planet," says Popular Science Technology Editor Rob Verger. "From the future of air travel to revolutionary skin care products, and from sustainable outdoors equipment to game-changing gadgets, this year's list is a thrilling mix that we're proud to call the Best of What's New."

Taiga was born to electrify the off-road segment, the most challenging and demanding vehicle category. As a trailblazing off-road EV manufacturer, the product line includes utility, mountain, and trail snowmobiles, as well as personal watercraft models. With a clean-sheet manufacturing approach and rigorous performance standards, the purpose-built electric powertrains allow outdoor enthusiasts to consciously explore without compromising performance, noise, reliability, and efficiency. Maintenance-free powertrain, customizable drive parameters and hyper-precise throttle controls contribute to ease of use and approachability. Bringing peak performance in all conditions and standard automotive charging, Taiga is setting the standard for electric powersports.

This recognition bookends a year of significant awards and accolades for the company. In May, Taiga was named the overall North American winner of Fast Company's 2022 World Changing Ideas Awards. Additionally, both the Nomad^™ snowmobile and Orca^™ Carbon watercraft were featured in TIME's annual list of Best Inventions in November.

See the full list here: https://www.popsci.com/technology/best-of-whats-new-2022/

For more information or to order a Taiga snowmobile or a watercraft, please visit Taigamotors.com.

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.

ABOUT POPULAR SCIENCE

Established in 1872, Popular Science is one of America's oldest and most trusted magazine brands. Popular Science has a legacy of bringing readers ground-breaking innovations and discoveries, demystifying the world, and examining everything from the marvels of deep space to the secret lives of everyday staples. Popular Science makes science and tech engaging, approachable, and inclusive to keep readers, listeners, and viewers plugged in to and excited about the world around them. Popular Science is part of Recurrent Ventures, a privately held media company that includes brands like The Drive, Futurism, and Outdoor Life as well as the licensing group responsible for Popular Science's line of Telescopes, STEM toys, children's books, and more.

Forward-Looking Statements

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking information includes information about our beliefs, expectations, and anticipations.

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 probable future developments and therefore the reader is cautioned that such information may not be appropriate for other purposes.

Forward-looking information is based on several assumptions and is subject to several risks and uncertainties, many of which are beyond our control. These risks and uncertainties include those described in the Company's management's discussion and analysis for the three and nine-month periods ended September 30, 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 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 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 because of added information, future events or otherwise, except as may be required by applicable law.

SOURCE Taiga Motors Corporation