RonSwanson wrote: ↑
Mon Oct 26, 2020 7:28 am
Fenix posted some big updates on facebook yesterday that they will set up appointments soon! lol How long can they drag this out? They are deep in debt and have zero plans and are scrambling to try and find investors. They are quite literally at stage 0.
Still seems like there have been 0 used battery installs.
I'm even more certain now that they will never ship their modular thermally managed battery to a legitimate paying customer. If they ever make it to a saleable item, their window of opportunity will have closed as it will totally not be worth it to even bother w/the age and low value of gen 1 Leafs by that point vs. plenty of longer range used EVs on the market (and reasonable likelihood of EVs with cheap leases still existing). The addressable market will be so tiny that they will not be able to recoup their investment while charging a reasonable price.
They've missed so many dates (e.g. viewtopic.php?p=589831#p589831
) over and over to accomplish something that doesn't require much technical expertise vs. what they've proposed. Sure seems like folks like Dala, Muxsan, the shop in Quebec and another Leaf place in New Zealand have far
more demonstrated technical prowess than what we've seen from Fenix: 0.
If they're having this much trouble securing financing for this used battery installation effort and refunding people promptly, the odds of them having funding for their modular battery R&D, tooling, testing, etc. seem almost nil.