Funny how they never mention what the pricing or availability will be, but if all you care about is keeping gullible, low-information investor dollars flowing in, making bullshit appeasing statements like this is all you need to do, facts be damned.
Motor & controller state of the art for practical electric light GA is definately there (has been for a few years), but the batteries that would need to hold the energy required for a 3 hour flight, meet mass, volume and durability requirements are still years, if not decades, away.
Heil Honkler
https://avbrief.com/magnix-targets-light-ga-applications-with-new-electric-motor/