A – Mark Smith: Right. And again, when we give out for next year, then we’ll, I’m sure you’ll ask us about price cost. We’ll be happy to share the dynamic.
Steven Fisher: Sure. Yes. Thank you. And then can you expand a little bit on your comments on the construction outlook? I think you cited inventory adjustments in North America, but maybe you can just talk about the broader global view of engine demand for construction applications and how you think the setup there is for 2024. Is there sort of a demand question or is it just sort of near-term inventory management?
A – Mark Smith: I think part of it can be the age of construction fleets, right? So we’re seeing a drop off in engine demand. That doesn’t necessarily mean a dramatic shift in North America construction activity. The three biggest markets both in North America, China and Europe, I think generally, it feels like the pace of economic growth in Europe is slowing. In China, it surprised us a little bit that the construction equipment demand hasn’t fallen even further given some of the trails in the overall kind of financial health of construction sector in China, but it has come down some. But yes, no clear picture yet going into next year, I would say, that of all the markets, we still got some tire kick in to do, Steve, to figure out where we land for next year.
Operator: Thank you. Our final question will be from Noah Kaye with Oppenheimer. Please proceed with your question.
Noah Kaye: Yeah. Thanks. You indicated some favorable testing around the X15 and coming to market next year. So just would love to get a little bit more color on your expectations for demand there, the extent to which this could be a driver of share gains and where you’re hearing the sort of the strongest indicators of demand for that product?
Jennifer Rumsey: Yeah. So we’ll launch the X15 here in North America next as you heard me say, it’s performing well in China. We’ll have a US version of that, of course, meeting the regulatory requirements here next year, and we’ll have availability now through two of our OEMs. And we are seeing end customers testing and interested in that product will have the only heavy-duty natural gas product offered here in North America. So of course, that creates some opportunity for us as customers where they’ve got infrastructure, environmental goals or even operating cost benefits associated with natural gas will start to adopt that solution more. So there’s some opportunity there for sure.
Noah Kaye: Okay. And then I think we’d love to get a catch-up on the electrolyzer backlog and quoting activity. Any change in the trajectory there? Anything you noticed during the quarter? And can you update us on where you’re at in terms of building out capacity?
Jennifer Rumsey: Yeah. Really, on the same trajectory we’ve talked about previously with building up manufacturing capacity here in the US and Europe, continuing to have backlog growing. We are in the process of commissioning a 25-megawatt electrolyzer with Florida Power and Light over the course of this year. So another big project that we’re delivering this year, and we continue to ramp up that business as we described previously.
Operator: Thank you. There are no further questions at this time. I’d like to hand the floor back over to Chris Clulow for any closing remarks.
Chris Clulow: Thank you very much for your interest today. And as always, the Investor Relations team will be available for calls and answer any further questions that you may have. Thank you.
Operator: This concludes today’s conference. You may disconnect your lines at this time. Thank you for your participation.
