5 ms·

I don't know about a scam, but the EV skateboard they're using has been available for other companies to use for a few years, while the other two companies shar

I don't know about a scam, but the EV skateboard they're using has been available for other companies to use for a few years, while the other two companies share the same leadership as Donut/Verge and appear to be founded within the last few months. The battery may be great, but the multiple company launch seems a bit of a marketing gimmick.

fragmede 9mo ago
How would you do it, instead?
jaggs 9mo ago
not too sure of your point. The skateboard has been available with conventional lithium ion batteries. What they're saying here is they've just upgraded it to the new solid state ones. Fairly logical.And I'm totally mystified by the shared leadership comment. What shared leadership?
- Electricniko 9mo ago
  According to press releases, the CEO of Donut/Verge founded Cova and ESOX in October/November. They're newly formed companies that haven't done anything yet, so I don't really think it would require much sophistication to say that three companies have already adopted this technology. Again, this doesn't say anything about the "realness" of the battery technology, I just wouldn't rely on the idea that multiple companies adopting it means that the technology is real, since right now it's tending to look more like businessmen throwing out multiple shell startups in different industries to lend weight to the announcement.
  - jaggs 9mo ago
    Hmm..not really. Cova Power is a joint venture between Donut Labs and Ahola which is a huge Finnish freight company formed in 1955 - which makes sense since they are both based in Finland. The involvement of the University of Oulu suggests that this is clearly a Finnish project. I wouldn't be surprised to find some Nokia money in there as well. ESOX is just the military product arm of Donut Labs, which I guess has connections with the Finnish military.

5 ms·

I don't know about a scam, but the EV skateboard they're using has been available for other companies to use for a few years, while the other two companies shar

by Electricniko 9mo ago

fragmede 9mo ago
How would you do it, instead?
jaggs 9mo ago
not too sure of your point. The skateboard has been available with conventional lithium ion batteries. What they're saying here is they've just upgraded it to the new solid state ones. Fairly logical.And I'm totally mystified by the shared leadership comment. What shared leadership?
- Electricniko 9mo ago
  According to press releases, the CEO of Donut/Verge founded Cova and ESOX in October/November. They're newly formed companies that haven't done anything yet, so I don't really think it would require much sophistication to say that three companies have already adopted this technology. Again, this doesn't say anything about the "realness" of the battery technology, I just wouldn't rely on the idea that multiple companies adopting it means that the technology is real, since right now it's tending to look more like businessmen throwing out multiple shell startups in different industries to lend weight to the announcement.
  - jaggs 9mo ago
    Hmm..not really. Cova Power is a joint venture between Donut Labs and Ahola which is a huge Finnish freight company formed in 1955 - which makes sense since they are both based in Finland. The involvement of the University of Oulu suggests that this is clearly a Finnish project. I wouldn't be surprised to find some Nokia money in there as well. ESOX is just the military product arm of Donut Labs, which I guess has connections with the Finnish military.