Taiga Motors, a developer of electric off-road vehicles, has announced plans to build a mass-production assembly facility in Shawinigan, Québec. The first phase of construction is scheduled for completion in 2022, and the company expects to begin production of electric snowmobiles and personal watercraft immediately. Taiga expects its new facility to increase production capacity to 80,000 units by 2025.
Taiga has already begun initial production at its Montréal Research & Development facility, where it expects annual capacity to increase to 2,000 vehicles by the end of 2021. In the first phase of construction, the Shawinigan facility will have a footprint of 200,000 square feet, which will later increase to 340,000 square feet.
Taiga intends to begin construction in the second quarter of 2021, following the company’s listing on the Toronto Stock Exchange following a merger with Canaccord Genuity Growth II Corp.
Taiga says it chose Québec as the site for its new plant because the province is already a world-leading electric technology hub. Shawinigan is an established technology hub, which will accelerate Taiga’s vision for a vertically integrated local supply chain.
“This facility, a part of the $185 million in recently announced funding, will bolster Taiga into becoming a globally leading OEM for powersports vehicles,” said Samuel Bruneau, CEO of Taiga. “We have seen strong customer demand limited by product availability.”
Source: Taiga Motors