MONTREAL, Nov. 28,
2023 /PRNewswire/ - Taiga Motors Corporation,
Canada's leading electric
powersports brand is set to be the exclusive Personal Watercraft
(PWC) supplier of the UIM E1 World Championship, the world's
first and only all-electric powerboat championship. By joining
forces with E1, Taiga Motors is proud to be at the forefront of a
new era of boat racing based on clean technology and leaving a
positive impact on marine environments.
A thrilling competition
The first official E1 World
Championship race is scheduled to take place in Jeddah, Saudi Arabia, on February 2 and 3, 2024. The remainder of the
inaugural season will tour some of the world's most iconic cities
on the water, with the full calendar of events to be announced
shortly.
Sam Bruneau, CEO and Co-Founder
of Taiga Motors expressed his excitement at this partnership by
saying, "We are proud to partner with E1 in our common mission to
advance sustainable on-water adventures by pioneering cutting-edge
electric technologies. We look forwards to supporting the
innovative E1 World Championship with Taiga's OrcaTM
watercraft."
The championship will see up to 10 teams racing using identical
RaceBird boats that utilize innovative hydrofoil technology. Teams
will have to tackle tight and technical circuits, reaching speeds
close to 98 km/h (58 mph). After a series of knockout rounds, only
one team will ultimately secure the coveted E1 title of Champions
of the Water.
High-profile event
Steve
Aoki, a highly successful globally recognized DJ, and
Tom Brady, a legendary NFL
quarterback, have recently joined E1 as team owners, alongside
sporting icon Rafael Nadal. These
big names are thrilled to be part of this event not only to
entertain fans but also to inspire future generations to pursue
innovation and take part in a more sustainable future.
Sustainability first
Rodi
Basso and Alejandro Agag,
Co-Founders of the E1 World Championship, were inspired to create
this event to advance their mission of promoting clean technologies
and decarbonizing the leisure boating industry. Beyond that,
they've created the Blue Impact Programme to help restore polluted
coastal habitats across the globe. This aligns perfectly with Taiga
Motors' focus on sustainability and our commitment to a cleaner
future.
Basso expressed his pleasure at welcoming Taiga Motors as E1's
exclusive PWC supplier by saying, "We are thrilled to join forces
with Taiga Motors, a brand that shares our passion for
sustainability in the context of racing and entertainment. We look
forward to letting E1 fans discover Taiga's electric PWCs."
As the world moves towards more sustainable technologies, Taiga
Motors and E1 are leading the way towards a cleaner future for the
world of boat racing.
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 www.taigamotors.com.
About the UIM E1 World Championship:
E1 is the
world's first and only all-electric raceboat
championship sanctioned by the Union Internationale
Motonautique (UIM), which is the international
governing body for all powerboating activities.
The UIM E1 World Championship was established to
create a new, exciting and competitive on-water racing platform
based on electric technologies to protect and restore our urban
waters and coastal areas.
The championship will see up to 10 teams and 20 mixed gender
pilots racing on the water in iconic cities around the world, with
the US due to host a race in Season 2. The E1 pilots will navigate
tight and technical circuits behind the wheel of the electric E1
raceboats.
For the latest news and updates, please follow us @E1Series
on Facebook, Twitter and Instagram.
#ChampionsOfTheWater
Forward-Looking Statements
This press
release contains "forward-looking information" within the meaning
of applicable securities laws. Forward-looking statements
generally, but not always, can be identified using forward-looking
terminology such as "outlook", "objective", "may", "could",
"would", "will", "expect", "intend", "estimate", "forecasts",
"project", "seek", "anticipate", "believes", "should", "plans" or
"continue", or similar expressions suggesting future outcomes or
events and the negative of any of these terms. Forward-looking
information involves known and unknown risks and uncertainties,
many of which are beyond Taiga Motors's control, that 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
Taiga Motors's management's discussion and analysis for the three
and nine-month periods ended September 30,
2023, and under the "Risk Factors" section of Taiga Motors's
annual information form filed on March 30,
2023, available on Taiga Motors' SEDAR profile
at www.sedarplus.ca.
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 forward-looking statements included in this news release
are qualified by these cautionary statements. Unless otherwise
indicated, the forward-looking statements contained herein are made
as of the date of this news release, and except as required by
applicable law, Taiga Motors does not undertake any obligation to
publicly update or revise any forward-looking statement, whether
because of added information, future events or otherwise.
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SOURCE Taiga Motors Corporation
