Originally Posted by
Psimet2001
I told them they totally missed on the price. They looked shocked/surprised. I told them they could have owned the power market if they had been under $1k. I still believe that.
They might have been shocked and surprised that you believed they could do it cheaper.
They're almost certainly already using Foxconn or a similar manufacturer, and have lots of R&D to pay off. It's going to be awhile before they can knock 30% off the list price.
By the way, the iBike "power meters" are also well under the $1000 price point, and haven't dominated the market....