Canoo’s Post

Transcript

You know, for those use cases, fleet use cases, they're largely route based applications. You don't have the same kind of range anxiety issues that you do on the consumer side. And you can size your vehicle and your battery to be able to meet those those use cases very specifically. And then on top of all of that, so there's the benefit on the purchase side, there's also the operating cost side. So operating costs for electric on road versus internal combustion is pretty meaningful, like you know, multiples cheaper and when you start thinking about fleets. Of you know, whether it's 500,010 thousand, 200,000 for the for the Postal Service for example, you know that translates into a lot of dollars. So when you're trying to be competitive in the world of you know, last mile delivery, you know, route based deliveries, etcetera, those savings really contribute to the bottom line and that we believe is, you know the primary driver for electric applications and fleets and then the secondary piece becomes the sustainability driver.