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Electric snowmobile maker Taiga suspends production, lays off 70 workers

Montreal-based electric snowmobile manufacturer Taiga Motors Corp. says it is pausing production and temporarily laying off around 70 workers.

The company, which also makes electric watercraft, says its decision is in response to a challenging economy and an exceptionally mild winter.

Taiga released quarterly and annual results Tuesday but did not hold a conference call with investors, and a spokesperson said managers would not be available for interviews.

Who is going to rely on an EV Ski Doo in freezing temps?

Him.

h/t Mauser

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