Submitted by No_Low_2541 t3_10o0zik in wallstreetbets
Dadmomangrypants88 t1_j6d6glv wrote
Reply to comment by cillicocuk in A theory of how PIF wanted to play LCID acquisition - but was sabotaged by No_Low_2541
They own Formula E battery production. Their battery tech and performance is easily the most impressive. Motorsport is usually the first indicator of advances in production cars, so if you’re paying attention they actually do have impressive battery tech
cillicocuk t1_j6d76dt wrote
No, it is about how much money you paid to Fia.
Dadmomangrypants88 t1_j6d8ix8 wrote
Disagree. It’s a testing ground for tech and future performance. So many stories of Porsche, Honda, Ford, Audi, Mercedes using it to test hybrid engines, fuel efficiency techniques, p/w ratios, engine endurance, etc. it’s basically a way for sponsors to pay for R&D. Honda is the best example testing their hybrid engines before production. Just watch, they are testing battery performance at the highest level and it will pay dividends in the long term
Dadmomangrypants88 t1_j6d94nt wrote
In addition car owners and drivers want to win. Do you really think they wouldn’t use better battery tech if it was available and still in specifications?
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