The Missouri wrongful-death lawsuit arose from a traffic collision allegedly involving an off-road motorcycle, in which the plaintiff alleges negligence and a design defect in the motorcycle’s fuel system.
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The plaintiff and defendant commenced settlement negotiations in May 2026, and such negotiations are still ongoing as of the Latest Practicable Date.
The New York personal injury lawsuit was filed against Tao Motor in the United States District Court for the Western District of New York on January 31, 2025 under case number 25-cv-6074, which was related to our off-road motorcycle products.
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The separate New York personal-injury lawsuit relates to an alleged engine oil leakage from an off-road motorcycle, and the plaintiff seeks damages of more than US$75,000.