Taiga Positions Itself As A Leader In Snowmobile Fleet Electrification In Sweden

Taiga Motors Corporation (TSX: TAIG) ("Taiga" or the "Company"), the global leader in the electrification of powersports is increasing its presence at Swedish ski resorts. After debuting its electric snowmobiles at SkiStar in Sälen, Sweden in April 2022, Taiga is proud to be providing its award-winning NomadTM snowmobile at an increasing number of prestigious resorts such as Idre Fjäll, BranäsGruppen and Hemavan Alpint, as well as utility provider Skellefteå Kraft.

Sweden represents a huge winter sports market and Swedish customers are known for their high level of environmental awareness. This is particularly true when it comes to ski resorts, where Swedish customers have shown a clear preference for resorts taking action to make their operations greener.

SkiStar, the largest ski resort operator in Scandinavia, first put Taiga's electric snowmobiles through their paces in 2022. Now, the company is thrilled to be expanding its fleet as part of its goal to have a net-zero climate impact by 2030.

SkiStar CEO Stefan Sjöstrand expressed his pride in adding even more of Taiga's electric snowmobiles. "We're proud to be increasing the size of our fleet of Taiga's electric snowmobiles to our operations," he said. "Taiga's technology is revolutionary, and in addition to using the machines for ski patrol and other mountain operations, we're excited to expand our fleet to offer our guests a more sustainable and eco-friendly experience."

"We are very grateful for SkiStar's renewed commitment and trust in our brand," said Sam Bruneau, CEO and co-founder of Taiga. "Putting the Nomad through its paces at their mountain operation has provided the perfect testing ground for our vehicles' capabilities and we look forward to working with other ski resorts and operators to electrify their fleet."

Nomad, the world's first mass-produced 100% electric snowmobile is a game-changer for mountain operations and ski resorts. This versatile sport-utility snowmobile is emission-free and operates quietly, ensuring that the natural beauty of the area isn't disturbed by loud revving or exhaust fumes. Additionally, it requires no powertrain maintenance and doesn't require gas or oil, making it a cost-effective option over time.

Nomad is also highly functional, with a battery that can be fully charged in up to three hours on a 220V charger or to 80% in about 40 minutes with the newly enabled DC Fast Charge capability. With a range of up to 100km, it also boasts an impressive towing capacity of 511 kilograms (1,125 pounds)1.

Fleet owners benefit from lower costs of ownership over the lifetime of their snowmobiles. Each Taiga snowmobile represents a 12% saving in the total cost of ownership, a 78% decrease in operating costs and a reduction in emissions of up to 86% over five years*.

Mattias Höglund, Chairman and co-owner, of Motorbutiken Klövsjö, said, "We're proud to be the first Swedish rental operator to offer customers guided or non-guided tours with our very own fleet of electric Nomad snowmobiles."

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.