"Lauri Peltola filed a criminal complaint claiming that Donut Lab's promises of energy density and longevity have been overstated and that the company lacks the production capacity previously claimed."
"Internal communications indicate that CT-Coating's first-generation battery, which Donut Lab advertised, was abandoned in favor of a model still in early development."
"Donut Lab and Nordic Nano stated they do not know the exact nature of the complaint but denied having committed any crime or misleading investors."
A whistleblower complaint has been filed against Donut Lab, alleging that the company's claims about its solid state batteries are overstated. Lauri Peltola, formerly Chief Commercial Officer at Nordic Nano, claims that Donut Lab lacks the production capacity it previously asserted. Internal communications suggest that the battery model advertised by Donut Lab is outdated, as CT-Coating has shifted focus to a different, less developed battery. Both Donut Lab and Nordic Nano deny the allegations and assert that the complainant lacks relevant expertise.
Read at Engadget
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