Taiga Announces Deliveries of Electric Snowmobiles to Quebec's Parks and Wildlife Reserve Agency, Sépaq

News provided by

May 10, 2022, 07:00 ET

Use of Innovative Electric Snowmobiles in Operations Fleet Brings Agency Closer to its Sustainability Mission

MONTREAL, May 10, 2022 /PRNewswire/ - Taiga Motors Corporation (TSX: TAIG) ("Taiga" or the "Company"), a leading electric off-road vehicle manufacturer, today announced it delivered its Nomad™ snowmobiles to Société des établissements de plein air du Québec, also known as Sépaq, the agency of the Government of Québec that manages parks and wildlife reserves. Sled deliveries were made to parc national de la Gaspésie, parc national des Monts-Valin, parc national de la Jacques–Cartier, parc national du Mont-Tremblant, and centre touristique du Lac–Simon. Taiga's electric snowmobiles will contribute to Sépaq's objective of implementing sustainable business solutions that help with day-to-day operations and overall park management. The snowmobiles will be used exclusively by employees for their daily work.

Taiga Announces Deliveries of Electric Snowmobiles to Quebec’s Parks and Wildlife Reserve Agency, Sépaq (CNW Group/Taiga Motors Corporation)

"As a Canadian company, we are proud to deliver our electric snowmobiles to Quebec's national parks and wildlife reserve agency," said Samuel Bruneau, Taiga CEO. "Sépaq and Taiga have a shared reverence for nature and a desire to not only connect people to the great outdoors, but to conserve the Canadian environment for generations to come. The adoption of our revolutionary machines into Sépaq's fleet will allow them to maintain the performance they need while also preserving the environment."

"Sépaq is firmly committed to reducing its carbon footprint from a sustainable development perspective. The purchase of electric snowmobiles to meet some of our operational needs in our facilities is perfectly in line with this strategy. We will continue to fulfill our mission of making exceptional natural territories accessible while ensuring their protection and conservation for future generations," said Jacques Caron, Sépaq President and CEO.

Leveraging a clean sheet design and mechanically simplified snowmobile platform, the Nomad delivers optimised functionality for workhorse tasks, family outings, or trail riding. No powertrain maintenance, customizable drive parameters and hyper-precise throttle controls contribute to Nomad's ease of use and approachability. Bringing peak performance in all conditions and standard automotive charging, Taiga is setting the standard for durability and reliability in electric snowmobiles.

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 Sépaq

The Société des établissements de plein air du Québec (Sépaq) is a government corporation that brings together a network of 46 magnificent sites entrusted to it by the Government of Québec. It administers, operates and promotes 23 national parks, one marine park, 13 wildlife reserves, Sépaq Anticosti and eight tourist establishments. It offers a wide range of activities and services that enable visitors to enjoy diversified experiences in exceptional natural environments. Sépaq ensures the sustainability of its territories and public assets for the benefit of its clientele, the regions of Québec and future generations. It connects people to nature.

Forward-Looking Statements

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking information includes, but is not limited to, expectations regarding market trends, overall market growth rates, the anticipated performance of customer experiences and customer demand for our products, as well as information with respect to our beliefs, plans, expectations, anticipations, estimates and intentions.

This forward-looking information is identified by the use of terms and phrases such as "may", "would", "should", "could", "expect", "intend", "estimate", "anticipate", "plan", "foresee", "believe", and "continue", as well as the negative of these terms and similar terminology, including references to assumptions, although not all forward-looking information contains these terms and phrases. 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 possible future developments and therefore the reader is cautioned that such information may not be appropriate for other purposes.

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, which 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 twelve month periods ended December 31, 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 of 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 substantially 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 as a result of new information, future events or otherwise, except as may be required by applicable law.

SOURCE Taiga Motors Corporation