The Verge Motorcycle is dramatic even before you read the performance numbers or get a leg over it. There is no hub in the rear wheel. The entire motor is hidden inside the rim, and the whole thing looks like a...Donut! You know where the Donut name came from. The performance numbers...
Marko Lehtimaki: CEO, Donut Lab InsightEV: Marko, welcome to the InsightEV interview! We've been hearing a lot about Donut Lab and the excellent response you received at CES. Before that, we saw the hardware and software applications in Verge Motorcycles. We wanted to learn more about the concept behind Donut...
Damon announced their Q2 FY 2025 results yesterday, and there's admirable window dressing in the brief statement they released. The company claimed a USD 32.5 net income, taking pains to explain that this was equivalent to USD 2.51 per diluted share. On paper, it's a pivotal shift from the USD...
Indonesia is the most important market in the world that doesn't get adequate analysis. Mea culpa. We analysts often look at Indonesia, dump it together with ASEAN, and feel happy in presenting a lumpy analysis of the entire region because everyone rides Bebeks / Scubeks. But that's far from the truth. Indonesia is...
The European market is highly fragmented, with about two million units being contested by 1500 brands. Now, an obnoxiously high number of these brands are white-label efforts from Chinese factories, which paint a telling picture of Europe. The electric efforts are powered mainly by the Chinese, with the Japanese and...
When we first analyzed (in July 2024) Gogoro, we questioned the overall business model. Specifically, the company puts energy (battery swapping) sales ahead of scooter sales, compromising the entire equation. This is what we wrote: Gogoro's business strategy clearly shows that it is first an energy company and then a scooter...
The Need for a Consortium It was 2021, and everyone was still figuring out batteries. Cell prices were high, and the business case for a battery scooter to be sold with the battery billed to the customer was shaky. Also, everyone was in kindergarten when it came to batteries. On the other...
Europe is a pioneer in electric mobility. The continent provides a natural fit for electric two-wheelers. The customers are more environmentally conscious; the cities are two-wheeler-friendly, and a few years back, everyone started doling out licenses to fleet operators to run electric moped renting operations. The European demand for electric mopeds...
The Key Metrics Zapp has sales of USD 17,400 in FY 2024 (ending Sept 2024). This was the first year of revenue for the company. The company reported a net loss of USD 9.0m on an IFRS accounting basis. This cannot be compared to the net loss of USD 222m in FY 2023,...
The Key Metrics Ola delivered 84,029 units in Q3 FY 2025, a 3.2% drop from 86,775 units in Q3 FY 2024. Within the same time frame, the industry grew 37.5% from 242,209 units to 333,063 units. The company reported INR 10.75bn (USD 122.81m) in revenue, a 19.5% drop from INR 13.36bn (USD...
...and thank god for that. Dust Moto looks at motocross from a lifestyle lens. It doesn't want to go low - the Sur-Rons and Talarias can breathe. It doesn't want to go high - Stark can wait. Dust wants to make an excellent motocross bike that is good-looking and well-finished, with...
No story on off-road electric motorcycles can be complete without Stark. We start ours from there. Stark's success has paved the way for at least 25 startups worldwide to target the same segment. But being Stark is a challenge - they developed a high-revving motor, optimized the weight, and created...
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