Fenix Power: A new third party battery replacement?

[WetEV]

July 2020?

[jlv]

July 2020?

Yes, as noted back here: viewtopic.php?f=27&t=26597&p=589492

[Kieran973]

Sorry to everyone who got screwed by this. I remember seeing this a few years ago and being excited at the prospect of throwing a new 62 kWh battery in a cheap used Leaf. Before my Leaf Plus, I was driving a beige 2001 Honda Civic with a black bumper, empty soda cans and fast food trash all over the back seat, and Halloween egg yoke all over the left side of it. The bumper was being held in place with zip ties and purple glittery duct tape. If there were a way to electrify it, I would have kept it. My dream car costs $5,000, can be parked anywhere with zero chance of being stolen, and has 500 miles of range....

[cwerdna]

July 2020?

Yes, as noted back here: viewtopic.php?f=27&t=26597&p=589492

As we get further into 2021 but before July, if the text is unchanged, n00bs who don't know any better might think it means July 2021... and so on.

[cwerdna]

More time has passed and it seems like there's still no update at https://www.facebook.com/groups/FenixPowerCoForum/ and https://fenix.systems/blog of refunds nor successful installs.

https://fenix.systems/news/fenix-news/2 ... in-q1-2020 claimed "Staring in Q1 of 2020, we will begin Battery as a Service installs for our customers!"

https://fenix.systems/product/leaf-cpo- ... w-customer still says "This order guarantees delivery and installation of a CPO Nissan Leaf battery at a Fenix certified installation partner near you within 60 days."

For Fenix? Even if you assume some kind of horrid worst case scenario, fire, death, lawsuit, whatever, We've accepted 4 figures in deposits, Even if Fenix burns to the ground, I have multiples of that in physical assets I could liquidate and make right with my customers, and I would. This is why I'm being as brazen as I am about how I am staking my personal reputation on repayment or delivery. Because I know that I can. Heck, I could get a job at Wal-Mart and pay everyone off in a month or two, and if it came to that, I would.

So I argue that while you're correct that Fenix is not Tesla, with regards to the security of our deposit vs one for the Model 3, I submit that our risk is lower than theirs ever was.

What happened to the above assurance? Why aren't the installs happening and/or people being refunded? It seems he should take a job somewhere to accumulate enough funds to refund everyone then close up shop.

[RonSwanson]

What happened to the above assurance? Why aren't the installs happening and/or people being refunded? It seems he should take a job somewhere to accumulate enough funds to refund everyone then close up shop.

https://corporate.walmart.com/our-story ... gIQ5PD_BwE

[Lothsahn]

I can confirm that refunds are still not happening.

I was one of the earliest deposit holders. I requested a refund on October 25th, 2020 (and a reminder email every month since then). I've neither gotten any communication nor any refund. Simply letting people know so that they do not get ripped off.

I'll update the thread should I be provided a refund.

[cwerdna]

At https://www.facebook.com/groups/FenixPo ... 9729678800 from Dec 2020, they claim

I hope people understand why our contract obligates us to stop issuing refunds, full stop. I plan to fight for their trust back by working hard, achieving the investors approval to process them faster.

I keep wondering what's up with these (supposed) investors and why they'd be willing to let good $ go after bad. Are they clueless or being lied to about what's going on with respect to their customers? Or, are these investors just a fantasy?

[SageBrush]

At https://www.facebook.com/groups/FenixPo ... 9729678800 from Dec 2020, they claim

I hope people understand why our contract obligates us to stop issuing refunds, full stop. I plan to fight for their trust back by working hard, achieving the investors approval to process them faster.

I keep wondering what's up with these (supposed) investors and why they'd be willing to let good $ go after bad. Are they clueless or being lied to about what's going on with respect to their customers? Or, are these investors just a fantasy?

Take your pick, but I can think of a 3rd choice:
They hope to join a successful (for a while, anyway) pyramid scheme.

I'd like to give Bysinger enough credit to say that he realizes that his business plan is poorly conceived. So my question is why continue ?

[Nubo]

At https://www.facebook.com/groups/FenixPo ... 9729678800 from Dec 2020, they claim

I hope people understand why our contract obligates us to stop issuing refunds, full stop. I plan to fight for their trust back by working hard, achieving the investors approval to process them faster.

Huh? Weren't refunds defined in the customer agreements? Can't nullify those contracts "because investors".