We'll approach it from two different angles.
The premium for a hybrid is about $200,000 over. As I've reviewed the testimony, it ranges from $130,000 to $250,000, depending on the bus; extended buses are roughly $200,000 for a premium, which is onerous by any stretch. We can bring that down by half.
The battery pack is around $55,000, and you have to go through three life cycles, so the original expectation of buying $55,000 worth of batteries is now $155,000 worth of batteries. That's a 200% surprise increase in operational expenditures by the fleet operators.
We come in at $35,000 for a unit. Why? Because it's a blue collar worker, made in Ontario solution, it's metal, it's machined, and no foreign entities are involved. It's a simple process and assembly, a simple application deployed.
On every measure we come in at a lower cost. We can lower by 50% the cost of the energy storage system on hybrid vehicles.