InsightEV Weekender: Week 20
We continued our Brazil coverage with a fund that is offering serious money and support to any OEM
Damon15
InsightEV Weekender: Week 19
Is Damon slipping away forever?
InsightEV Weekender: Week 18
This Weekender: LiveWire reported a disastrous Q1 2025 as sales plummeted to 33 units; TVS wins the Indian sales war for April, but things may change next month; Damon may get thrown out of Nasdaq as the stock races to zero; Gogoro buys time...
The Erosion Intensifies
There are not too many publicly traded E2W and electric light mobility players. The ones that are have mostly been struggling. We last checked their health eight months back. Now, we check on them again and realize that things have taken a downturn for the worse.
Wk 8 2025 - Talking to Marko Lehtimaki of Donut Lab; Damon's Financials are Hogwash; Indonesian Startups wake-up
Marko Lehtimaki of Donut Lab designed Verge Motorcycles' most torque and power-heavy motor. Now, he wants to be the go-to for anyone seeking performance, BoM cost reduction, and shortening development periods, all at the same time.
Making Sense of Damon's Q2 2025
A net income of USD 32.5 million took us by surprise, considering that this is a company that is not yet making any significant revenue, if at all. In the end, the financial statement reveals less and hides more.
Derek Leaves Damon
The Canadian-Californian company's restructuring seems to be continuing as Derek Dorresteyn, the long-time CTO of the company is gone.
Damon's Recipe for Market Disruption
The power vs weight equation is why electric motorcycles are still relative under-performers when it comes to taking on ICE superbikes. Now, Damon suggests that they can do what the elite litre-class supersports promise.
Management shakeout at Damon
Jay Giraud is gone, and co-founder Dominique Kwong has stepped in as interim CEO. Meanwhile, funding remains elusive for the Hypersport to be produced
Damon Under Pressure
Damon Motors (DMN) listed on Nasdaq, an event closely watched by all E2W startups. However, it has been a disappointing ride since debut with the stock under pressure continuously.
Damon is listed on the Nasdaq
This may not be significant for the company. In the short term, there is very little cash that they get access to. However, the listing makes them more attractive to new investors and may eventually get the HyperSport into production.
The Smartness of Smart EV Features
Are EVs loaded with features that are really smart? Do they create a high-enough barrier to entry? Is there an exclusivity? How long can it stay? What happens after that?