Remember Taiga Motors? Back in April 2024, I told you that the Canadian EV watercraft and snowmobile maker had just laid off 70 workers and filed its 2023 Q4 and full-year financial results with one strange notation: No forward-looking guidance whatsoever.
While many factors have surely gone into the travails of the company so far, the big one Taiga is blaming things on is climate change. It's no wonder since both Canadian and US meteorological organizations chalked the 2023-2024 winter as being the warmest on record so far. And while Taiga also sells watercraft, those alone haven't been enough to keep the company afloat.
