How much is the Taiga Orca electric jet ski?
The first model, the $26,500 Orca Carbon, came out in 2022. Taiga’s latest Orca Performance, which features a redesigned hull and revamped battery, launched in August 2023. It’s slightly cheaper, at $19,490. Taiga says it has built and sold a thousand of these watercrafts. The Orca was initially slated for release in 2020, but the process was slowed down by supply chain woes and general pandemic-related problems. The first model, the $26,500 Orca Carbon, came out in 2022. Taiga’s latest Orca Performance, which features a redesigned hull and revamped battery, launched in August 2023.
Is Taiga snowmobiles still in business?
A Canadian-based website is reporting that the Taiga brand’s dreams of being an electric snowmobile and personal watercraft pioneer and manufacturer are still alive, albiet with a new business plan and new ownership situation. Taiga Motors, which formerly positioned itself as a leader in snowmobile fleet electrification in the Nordic region and filed for creditor protection in Quebec last summer, is now under the control of a UK entrepreneur, Stewart Wilkinson.Stewart Wilkinson now owns electric off-road vehicle manufacturer, Taiga, after its July bankruptcy protection filing.
Where is Taiga Motors located?
Taiga Motors Corporation, based in Montréal, Québec, specializes in manufacturing 100% electric powersport vehicles encompassing snowmobiles and watercraft. TAIGA® outdoor equipment is designed & manufactured in our Vancouver, British Columbia plant. Our products include: Outdoor Clothing & Active Wear; Equipment for Adventure Travel & Trekking; Hiking, Backpacking & Mountain Equipment; Survival Gear; Ski Wear; Cycle Shells and Boating Wear.
Why is Taiga Motors stock down?
Taiga Motors Corp. TAIG-T has lost half its market value after suspending production and reporting financial results that suggest its future is in jeopardy without another major cash infusion. The analyst consensus target price for shares in Taiga Motors is CA$0. That is 31. CA$0. Analysts covering Taiga Motors currently have a consensus Earnings Per Share (EPS) forecast of -CA$1.