Development done by someone else though? Shimano don't make electronics
They will have designed the circuitry around that motor, its control algorithms, the communication protocol, etc. The components cost pennies, the electrical engineers who make them work together not so much.
That was what I thought. Hence my original statement.
No point in 105 di2, all the money is in the electronic gubbins so it couldn't be much cheaper than ultegra
@Tijmen started
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Development done by someone else though? Shimano don't make electronics