Battery Terminal Wiring on a 1974 Car

I am in the process of replacing the positive battery terminal and found an additional wire coming into the terminal. It is heavy gauge and perhaps 1/4" diameter. It has red insulation and is inside a black protective sleeve. I am trying to figure out if the factory changed the wiring harness in 74 and placed the battery charge wire at the terminal instead of at the starter solenoid in the engine bay. None of my previous Panteras had this setup but they are 71 and 72. The wire in question is the one on the right in the photo below. Thank you.

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5/15/223:55 PM

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