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Re: pack10 post# 5980

Tuesday, 03/02/2021 9:54:33 AM

Tuesday, March 02, 2021 9:54:33 AM

Post# of 6331
Just a followup on my pervious post. This clip comes from a presentation from CMI to Raymond James investor conference.

I tell you that a few things that I want to say. The transition to zero emissions is going to take some time, particularly in the commercial vehicle space, primarily because energy density matters, size matters and volume matters. And that plus costs like today a diesel powertrain is $40,000. If fuel cell electric powertrain, correspondingly is $350,000. And if you ask these end user players, if you gave it free, I'll take it. But if you asked him to pay $350,000, for one of these trucks, they're going to say no way, I'm going to pay for. School buses are classic example where there is actual money because of the [Indiscernible] that people are getting that they are using to go put it up for them. When you say it's 330,000 per battery electric school bus, they're going to say, I'm not going to pay for this if I have to pay it on my own. But they will probably 5, 10 and 15 maybe, but when it comes to 1,000s of these, it's going to be difficult
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