Thanks John,
At the time I would think it was all about the company without Core Optics, it should get even better now, but of course the investors at that time only will own 20% of the company. I really believe if the battery technology is utilized by many battery makers, that side of the house could be worth more than the Optics side in time, but right not it's the Optics that are bringing cash into the company.
I'm intending to purchase the 2025 Mustang Mach E because it will have the improved battery and Tesla plug, as well as styling changes and other improvements from what I've read. I doubt the coretec media could be included in the battery, but would be thrilled if it were. I suspect it will be the 2026 or 27 model years before some of the biggest improvements in battery tech will be available on the market, and it will continue to get better. The question in my mind is whether they offer a car with 600 to 1000 mile range routinely, that keeps battery weight heavy, or look to lighten the cars, maintain ranges of 400 to 500 miles with charging to 80% in 5 to 10 minutes. I frankly think if I could rely on 400 miles and a 10 minute charge as long as most places like rest stops and fast food restaurants had high speed chargers.
I believe that all the automakers will profit nicely while converting from gas to electric power, but service requirements will be far lower and that will hurt dealerships, most like Tesla may give up on traditional dealerships. For most drivers the batteries will effectively be lifetime batteries.
I've never leased a car myself, but if the Govt. still offers a $7000 discount if you lease, but not if you purchase an electric, I'll lease than buy it out of the lease, perhaps after just a month or so. This is an incentive that should be changed, but a friend just leased a Mach E to get the $7000 discount on the price, not available if they purchased. I'm very much a senior, so I'm thinking my next car will be my last new car, but who knows, maybe leasing and getting newer whistles and bells 3 years later might be a nice way to go if money's of no concern.
Gary
