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BALOG: Yes, it does, thank you for that information. I guess my other thing is the bill seems <br /> "—"very good presentation so far, seems very specific to passenger vehicles or personally <br /> owned vehicles, and I am wondering about how this will relate to you said there's going to be <br /> trucks. I'm assuming there will be commercial vehicle considerations and how that would be <br /> addressed. <br /> KIMBALL: Yeah, so the market right now there are not plug-in heavy-duty type equipment. <br /> There's nothing on the market available for that yet. That is in development. We also have <br /> electric vehicle bus or electric bus infrastructure happening. We have 10 electric buses coming <br /> in and the appropriate charging to go with them. So, there is a commitment at the County level, <br /> at least for mass transit to electrify their transportation. It remains to be seen what kind of <br /> charging infrastructure will be required for the heavier duty vehicles. We may see some <br /> hydrogen come into that particular area. The hydrogen is less efficient than the battery electric <br /> vehicle and as far as the passenger industry the technologies is just so much further ahead with <br /> battery electric than it is with hydrogen. That I don't see us switching but you may see some <br /> hydrogen come into the heavier duty vehicle market. Noel do you want to contribute at all to <br /> that question? <br /> MORIN: Yeah, if the question was around trucks? Was it around passenger trucks or heavy- <br /> duty trucks like freight trucks? <br /> BALOG: I'm going to side of both a little bit because I think they're going to cross over because <br /> I think we're also seeing that some of these vehicles will impact businesses and it's going to <br /> eventually get better. <br /> MORIN: Yeah, so the trucks are coming. The Ford F-150 electric. It's already being launched <br /> and there's a heavy demand for that. The Rivian is out and there will be other electric trucks as <br /> well, and the charging infrastructure for those trucks are going to be no different from what <br /> we're talking about here. So, there'll be very similar to whatever DC fast charger, Level 2 <br /> charger that's installed out there, so those will be compatible. For the heavier trucks so tractor <br /> trailers and those freight trucks those are coming as well. They are available, and they will <br /> require different charging infrastructure. So, whatever is installed, we're talking about this being <br /> major fleet like County, for example, or State. They're going to be looking into or that would be <br /> part of the package to be able to do that, that type of transportation you would also need the <br /> heavy-duty on charging infrastructure. But it would be a different class altogether compared to <br /> what we're talking about here. <br /> KIMBALL: And I should mention along those lines that there's also development in the <br /> agricultural industry for electric farm equipment and USDA is putting fund towards rural <br /> infrastructure, charging infrastructure for specifically for farm businesses. As another source of <br /> supplying the charging requirements for commercial vehicles. <br /> BALOG: Thank you. My only question was actually battery cost, because as Noel mentioned <br /> actually maintenance of these vehicles was lower because like you said you haven't replaced <br /> your brakes. So, I'm wondering what a battery cost would be because that to me would seem the <br /> only thing that might actually be costly. <br /> 21 <br /> EXHIBIT C <br />