Damon Motors promised 200 horsepower, 200 miles of range, and a top speed over 200 mph from its electric superbike. Instead, the company folded, leaving behind prototypes, unfulfilled reservations from over 3,000 riders, and one very unusual story.
A half-assembled Damon HyperSport MK2 prototype recently sold at a storage locker auction in Vancouver, British Columbia, the company’s former headquarters. The locker changed hands when Damon failed to pay roughly $2,500 in accumulated rental fees. The buyer, a pair of siblings who didn’t initially know what they’d won, discovered multiple generations of fairing, charging equipment, a hollow motor display unit, and the incomplete prototype itself.
The Prototype’s Journey
The MK2 on the block appears to be the same generation that journalist Tim Stevens rode on track years ago. Its parts mix reveals Damon’s sourcing: BMW switchgear paired with a Yamaha-derived frame and swingarm.
The bike is missing its front end and carbon fiber wheel, but maintenance checklists dated March 2024 show the team was still working on it just over a year ago. One checklist references a map for Thunderhill Racetrack in California, the same facility where Stevens tested the bike.
What Went Wrong
Damon launched in 2017 with co-founders Jay Giraud and Dominique Kwong. The company went public on Nasdaq in November 2024 through a reverse merger, but the stock collapsed almost immediately.
Manufacturing deadlines slipped repeatedly, blamed on COVID-19, facility changes, and partnership shifts. By early 2026, the leadership had gutted itself: the CFO left, board members departed, and CEO Kwong exited in February, leaving no functioning board.
The Reservation Problem
More than 3,000 riders put down deposits on a bike that never made it past 70 percent completion in prototype form. Former CMO Amber Spencer told RideApart the deposits were fully refundable.
With no leadership, no accessible accounts, and multiple lawsuits underway, riders are still waiting for answers. The company’s investor relations page remains technically live, though what that means is unclear. Meanwhile, interested riders looking at the latest electric commuter motorcycles have other options to explore.
The Locker’s Contents
Inside the 10-foot by 15-foot storage unit, the new owners found progressively refined versions of the HyperSport’s bodywork. The first generation was 3D-printed and fragile, while the final yellow iteration was solid and high-end in finish.
They also recovered charging gear, spare wiring, circuit boards, and what might be enough parts to complete the bike if someone had the expertise to assemble it. There was also a 12-foot Christmas tree.
What’s Left
A company that spent nine years promising to reinvent motorcycling ended not with a dramatic bankruptcy filing, but with an incomplete prototype sitting in a storage unit until its rent went unpaid. Now, for the first time ever, a Damon Motors motorcycle is in private hands. Just not in the way the company intended.
Source: The Pack News, RideApart
