Jeff Osborne: Got it. And then the comment, Josh, that you made about the 25 unit order for the parts and components for the second half of the year. What is the lead time for that? Like if there was demand for 50, could you do that within three months to four months, or do you have to give your supply base six months lead time, just given the little volume and probably more manual involvement, I am just curious on that front?
Josh Tech: Yes. We have that planned out based on the lead times. There is no issue there at all. I mean if you think about it, those orders are going to cover the vehicles we need for homologation and testing for both the Proxima and the P7 platform, the P7-B and then of course, the first vehicles to be delivered. So, the planned supply chain, as there is no issue with what we are planning versus the build plan at the moment.
Jeff Osborne: Got it. And if I could just squeeze in two more, if Tali had to pick one variable that’s leading to the demand, in your pitch, you highlighted 10 to 15 different reasons why you think your solution is better than the incumbent. But whether it’s turning radius, payload, etcetera, what would be the one variable that is exciting people to want to deal with you folks?
Tali Miller: Yes. I think the most important element that customers are looking for is the TCO, if I need to pick one, total cost of ownership.
Jeff Osborne: Got it. And then the last question I had is just at the show last week that you folks were at. There was a lot of, I would say, anxiety around charging and infrastructure availability, are you starting to work with the A customers on what their solutions are and ensuring that, that’s on time in terms of charging capacity so that they can take delivery of these vehicles, or are you letting them do that separately with outside of your involvement?
Daniel Barel: Yes. As we said before, we have partnered with Hitachi America on that to provide, among others, charging infrastructure for our partners, those who need some. Some come with other requirements and some we provide. But you are touching on the right point, right, because in order to transition the fleet to an EV, there is a lot of infrastructure that’s needed. And it’s not only, by the way, it’s just the charging, it’s also if you have enough power, that you can draw in terms of the need of the fleet. But we are working closely to optimize those.
Jeff Osborne: Got it. Appreciate it Daniel. Thanks so much.
Daniel Barel: Sure.
Operator: Thank you. There are no further questions at this time. I would like to hand back over to the speakers for final remarks.
Daniel Barel: Yes. So, I want to thank the REE team for doing a really good job in 2022 in accomplishing a lot of things that are very difficult to do. And we are all very, very proud of them, so I want to say thank you to all of them. And thank you all for joining our call today.
Operator: That does conclude our conference for today. Thank you for participating. You may all disconnect.
Daniel Barel: Thank you.
