Taiga Motors Corporation (TAIMF)
- CNW Group
Taiga Announces First Quarter 2024 Results
Taiga Motors Corporation (TSX: TAIG) ("Taiga" or the "Company"), a leading electric off-road vehicle manufacturer, today reported its financial and operating results for the first quarter of 2024.Taiga reported $5.08 million from the sale of 207 vehicles during the first quarter ending March 31, 2024, showcasing revenue growth of 194% compared to the first quarter of 2023.
- CNW Group
Taiga Motors Expands Deliveries of its Award-Winning Fully Electric Snowmobiles in Europe
Taiga Motors Corporation (TSX: TAIG) ("Taiga" or the "Company"), the leading electric off-road vehicle manufacturer, is thrilled to announce that it is expanding its footprint across Scandinavia with the delivery of additional NomadTM snowmobiles to its key customers SkiStar and Motorbutiken Klövsjö. In addition, Taiga is continuing its expansion in the European market with snowmobile deliveries at French and Italian ski resorts and tour operators, revolutionizing the winter recreation industry
- The Canadian Press
Quebec electric snowmobile maker Taiga suspends production, lays off 70 workers
Montreal-based electric snowmobile manufacturer Taiga Motors says it is pausing production and temporarily laying off around 70 workers. The company, which also makes electric watercraft, says its decision is in response to a challenging economy and an exceptionally mild winter. Taiga released quarterly and annual results today but did not hold a conference call with investors, and a spokesperson said managers would not be available for interviews. It says its net loss was $72.5 million in 2023,
