Taiga sold to UK electric marine group

Canadian manufacturer of electric personal watercraft, Taiga Motors, has approved the acquisition of most of Taiga’s business and that of its subsidiaries by Stewart Wilkinson.

Wilkinson’s family office supports a group of marine electrification brands, including Vita, Evoy, and Aqua superPower. The acquisition is intended to provide Taiga with access to resources, technologies, and an expanded global presence, to promote the adoption of electric vehicles beyond the road and into both marine and powersport sectors for recreational and commercial activities.

“We are excited to support the evolution of Taiga,” says Wilkinson. “Sam and his team have built great products and technology in challenging financial markets. The world urgently needs low-carbon solutions for all forms of mobility. This transaction will allow us to continue building the best technology, team, and products to propel the industry forward.”

The acquisition comes at a time of change in the powersport industry. By combining Taiga with Vita, Evoy, and Aqua superPower, the partnership aims to create a comprehensive ecosystem to deliver electric propulsion systems and vehicles for a variety of recreational and commercial users.

“We founded Taiga with the mission to make sustainable recreation accessible to everyone,” says Samuel Bruneau, the CEO and co-founder of Taiga. “Over the past years, we developed and built what no other manufacturer was willing or able to achieve—the foundational technology required to drive mass-market adoption. This business combination now gives us the scale and resources needed to deliver on our vision. By combining Taiga’s technology and mass production expertise with the group’s leading position in marine electrification, we will achieve greater economies of scale to deliver high-performance products at compelling prices to accelerate the electric transition.”

The acquisition is expected to support Taiga’s operations in Canada, preserve jobs, and enable the continued production of its electric snowmobiles and personal watercraft. Taiga’s facility in Montreal, Quebec, with a production capacity of up to 8,000 units per year, will continue to supply electric powertrain components to boat manufacturers globally, alongside the company’s electric vehicles.

The group’s production and innovation facilities are spread across North America and Europe, with key locations in Montreal, the UK, Italy, and Norway. These resources, combined with advanced technology and manufacturing capabilities, aim to support Taiga’s role in the development of electric recreational vehicles.