[doikor]

The electric motorbike company (Verge Motorcycles) owned by the same people also has such bad accounting/paperwork that they could not find an auditor willing to give an opinion.

https://yle.fi/a/74-20205916 (article in Finnish)

"According to the auditor's report, no opinion was given on the company's financial statements because sufficient audit evidence was not available."

The company claims to have a couple million in inventory but no system saying anything about what is in their inventory, 300k in revenue in Finland without any papertrail of it actually happening, 2.5 million in R&D without any explanation/papertrail on what it was spent on (salaries? materials? machines?), etc.

Also the company has taken really expensive loans from family members of the leadership (12% interest which is way over the market rate).

[idontwantthis]

But the motorcycles do exist and use these batteries don’t they?

Has no one bought one and torn it open yet?

[stetrain]

They said "Available Today" on January 4th but have said actually customer deliveries are planned for April.

> “The first customer deliveries will probably take place in April. There are production-related issues, getting subcontractors involved. Starting production. A lot depends on the goods and officials.”

Translated from: https://web.archive.org/web/20260204130446/https://www.kaupp...

[Hamuko]

As far as I can tell, no solid-state TS Pro (the TS Pro itself is not an entirely new model and has been around for a couple of years) has been delivered to any customers yet. They're supposed to be delivered in Q1/26, so it shouldn't be too long if they intend to keep their promises. Although if you were to order one today, your bike wouldn't arrive until Q4/26 according to their website.

[idontwantthis]

That will be the only thing to actually watch then. If they keep pushing that out then we will know it's a scam.