PriceSensitive

Taiga Motors (TSX:TAIG) launches off-road charging network

Consumer
TSX:TAIG
19 October 2021 08:46 (EDT)

Source: Taiga Motors Corporation

Taiga Motors Corporation (TAIG) has deployed its off-road charging network.

Powered mostly by renewable energy, on-water charging installations have been completed in the first sites for Ontario and Quebec, with on-land electrification set to begin in Quebec in the near term. With thousands of charging stations targeted, exploring the great outdoors will become increasingly greener.

Taiga is aiming to unlock 75,000 km of off-road trails and waterways by 2025. Lake Simcoe, Ontario, featuring Level 2 charging, and Lake Memphremagog, Quebec, with Level 2 and 3 charging, have been deployed. An additional 1100 locations are targeted for electrification.

Sam Bruneau, CEO, and co-founder of Taiga commented on the impact of its technology.

“With our off-road charging network, Taiga’s paving the way for sustainable exploration expanding what has been possible to date. By leveraging evolving charging technologies, Taiga intends to harness renewable energy in hard-to-reach artic-like locations, high mountain peaks, and undisturbed natural waterways, furthering our vision of unrestricted access to the outdoors.”

Taiga vehicles can leverage existing charging infrastructure, using automotive-standard J1772/CCS combo connectors, shifting focus to areas yet to be electrified. The purpose of Taiga’s off-road charging network is to enable the freedom of exploration and adventure for Taiga owners without damaging the environment.

As Taiga continues to grow, it intends to expand the off-road charging network across Canada and the United States.

Taiga is a Canadian company reinventing the Powersports industry with breakthrough electric off-road vehicles that transform the way people access the outdoors.

Taiga Motors Corporation (TAIG) opened trading at C$7.10 per share.

Related News