On the surface it looks kind of cool.

The downside is that they haven't even built a prototype yet.   For that matter, the design itself isn't even complete.   The company doing this says they have made breakthroughs in building things out of composite, but as best I can tell they don't have any automotive experience.  They are still looking for 'angel investors' to help pay for the prototype.

They plan to use off-the-shelf components (so they won't be building engines themselves), and I am sure there are many other parts they can just buy as well.

I guess my point though is that there may be subleties to things like getting the suspension and steering working so that it feels right, and these are things that they probably won't be able to buy.

It is classified as a motorcycle - this helps evade much of the crash safety testing requirements.