and join everybody. taking us Thanks, for Stan, to hello, Thank today. time the all you
During the here third quarter, we Workhorse. made important fronts progress along at several
jump and is July, Commercially, accomplishment presentation. This the Slide us game-changing we critical into with to X-year a at securing in for right master validating a Workhorse. a turn milestone X framework Let's absolutely here FedEx. achieved agreement
upfit Stables extended of EV with contractors was got we like step van most Ground years which that our and Memphis our we our X a of of bit of a demo time. our This framework operate agreement a ago, established fully year, in that X-year relationship, our to trucks came even to them More this A them company. XX team as met team signing in vans agreement, teams operation, over ever a new supply undertaken drove initial visited put of and in was of where for than been for step order me and master the and Let negotiations successful, and FedEx test led in Memphis. operating Union QX year FedEx This little the QX. led to immediately accomplishment this followed business, highest in WXX of leadership given the truck City up period This in the plant outside which an by And has service executive FedEx a down had actual FedEx trucks. met purchase one an delivered team ago, perspective. to ratings our EV in WXX commercial the we few Cincinnati. and for
replace what to that segment XXXX. exactly to our fleet vehicles those by decades. PXXXX step support designed as X large vehicles WXX step industry, the across are X I EV and has hard suppliers It's than one EV emerging segment. commercial convert EV company last-mile for FedEx like the vehicle overstate commercial in fleet to become the to importance XXX,XXX-unit to ground FedEx' van of the percentage the vans A an approved cargo of to next to of refer publicly greater agreement over delivery their ours committed this
broken hope to we've got growing. and PO, our we first We be So through.
Ride XX selected plan Service XXXX We for Exhibitor we as a & had a Summit Forward at Provider were In Drive. in October, Orlando. the Presidential-level FedEx
to led FedEx X and Atlanta the capabilities event as X we country. across our Ground across a rush firm plant, contractors for on driving and announced demonstrated delivery those from from showcase And and through date unique some Appalachian the was robust a for in the now Helene, This ago, challenging So in down, additional ISPs miles the any purchase rather we're the than inquirers orders quote EVs. Florida. few of ship Mountains truck orders vehicle, its X not Hurricane we drove just tests approximately remnants X,XXX the vehicles QX, new of has have through heavy it trip truck of future. weeks and to to The hour inquiries we the to traffic, from converting XX couple -- working near
design, Class FedEx, with tailored contractors, with products and capabilities, selective the EV market-leading the centered progress and customers of X Ground with providing for engineering, our commercial both market, FedEx. corporation and X and manufacturing our a FedEx would van needs that and meet demanding strategy Our like highly at step product well-built supply chain coupled confirms that capable could the produce around reliable, the
done have to in look order FedEx larger And XXXX. We even a just now we that. forward earning
and opportunities. In addition GSA awarded coming recent the go-to-market electrify learn a activity that the successful election are for the we we'll Obviously, contract visit the to many, City, to and we milestone our another yet in where keep our to our government have may for to It systems federal audited up capabilities. week, allows as we government-funded federal making, up the and FedEx, how process in are the we inspection agencies WXX. streamline now in many procurement you the achieved fleet opens This increased door important monitoring well testing influence or last GSA Union change more. months commercial site date closely a months, mandate the fleet and Presidential breakthrough the as to in This also as our processes. quality our we production capabilities, product were validated award following seeing was
Sheriff's now procurement are levels, X dealer X there a in And activity. the and city in education this CC uptick chassis for for out related Association chassis for contract the has quotes X services category also our XX in the for cabs purchasing program state pursuing meaningful pending Florida government In XXX network were for and Class resulted more cooperative orders. XX truck the the Class to XX than accessories of At equipment, units entities of X additional in Sourcewell is past and a with bids approved our and WX total South. county moment. the at local by days, quoting We
we have Finally, for quarter. had successful during fleet demonstrations the additional major last-mile vehicle X
You United business outside would recognize linen One package supporting their States. the industrial the deliveries names. in and the other
completed grow Despite the the need our touch which to on on cash responsive we Bob and customer after multi-week to by direct line, to driven needs engineering -- across to continue demos more have support. And reduce conserve costs feedback meet we multi-application them product real with later, fact field like the customers. customer call of lot customers is that organization, A being give expand very and the our being and we're the our and customers. will managed our proactively
I The shift Last general tech and quarter, understandably a of outlining in me market election recent X. focused to amount Slide particular. California Let time regulatory EV attention EV the EV commercial dynamics spent and in space the on fair clean has the like. corporate commitments, backdrop, the
to taken. is I integrating EVs not moments would So that need be discussing commercial fleet we where believe sides I delivery into a last-mile few spend political issue why a thought
power commercial political of commercial to the EV X to shifting. terms reductions requirements staying Class that around addressing will to of will sector, energy believe the optimal the operating EVs. the the address energies We efficiency. same country goals, X know not But is to incentives especially multi-faceted way has space, in be improved future our and continue pragmatic the We approach an Policies cost in sustainability capital change. around in last-mile and all-of-the-above shifting operating only to prove landscape but to returns, also businesses
on are dwell EVs, operating value They routes. run distances XX recharging night. times measurable from operating and all Route to to meaning of EVs charging the known. last-mile rely don't cost, for and are systems. predictable X costs XX% for Level miles, programs predictable duty the EV keep XXX budgets Almost stations even return are of household of fuel with XXX change. miles or them cost-effective access below they station to public use routes benefits or are commercial incentive an between to There Unlike allow all They if market every return delivering consumer charging.
X gallon. are per about Workforce a FedEx as proven no-brainer out operating than results. model trucks for at have business running per -- EVs months XX on with somewhere equivalents miles ourselves internal in contractor. a costs the reduction XX this miles payload Xx XX between they the over XX by The over gallon miles to Older Stables EVs and running route We Ground carry. XX the to past honestly per gallon, is X the combustion traditional depending to engine higher are
maintenance experiencing are also they So greatly reduced costs.
savings just we in to in don't Typically, span trucks without the many ownership are have X these as XX X life incentives. EV. the between of total a years. of parts cost to a commercial generating And You years have moving -- payback of XX see
years, like payback leaders payback to states some and So New the less have of fleet in business owners situations, X- In York, costs to Financially X unique fuel too programs, strong California math. X astute and financial not X and bad. kind which X-year that understand is to than higher period incentive under year. drops and
Lower to are are adopt cleaner visibility, And night. too, sustainability, cost Incentives push. advantages facts are to quiet, emissions. at only welcome responsive improved improve benefit costs operate. keep EVs and vastly from tailpipe the and driver's and maintenance smoothly the X overall running day communities fuel electric a both trucks fleets reason less they handling real meet They're performance, smooth are make that not EVs. clear. The and the both during uptime. corporate with and our and And better, day
EV landscape inherently emissions to adaptable, that that or rely are short, external In want companies costs reduce control benefits tangible to is to businesses or trucks the can delivering perform, no assets political whatever Our to the matter be built sector on the economic commercial and shifts. political last how landscape. and more
turning commercial and X vehicle our programs. to Slide to Moving
on-time on-budget that up discipline I'm a great to I people, process have having now track record and of launches, disciplined We and and execution. and product chalk great --
We how time done, manufacturing again, of supply and chain budget. automotive professionals have an experienced and on on know engineers, get to team who things
start production currently have a models products with version X in added XXXX. XXXX scheduled chassis being now to X year production next or and We cab new in
EV who WXX [ and ], The WXXX delivery ship-through launched available solution XX preconfigured our complete van available upfit as coverage We X space in through X X Shade to than more Surefitters Class Class vehicle to and of such for to to for step the have specialized upfit ] [ Workhorse partnership have a step the packages last-mile customers. market X dealers, and partners XX commercial and upfitting trays offer options with the vocational vans.
from Rugby full-body and CM be the chassis with the CC of remainder WX Additionally, ToughLite, Truck packages included packages into cab throughout Beds additional 'XX for to are 'XX. added and
but this shoot superiority Building demos feet a the of step vans specific QX package added customers X. delivering on out and the some wheelbase needs. We've begin weigh their of companies they delivery orders technical we both sometimes WXX Slide the the meet the truck industrial the WXX, business who out, industrial the year. this their to the supply to cargo to helps impressed of linen and by XXX wheelbase are XXX-inch expect cubic version success companies. of linen trucks some Again, Turning larger platform and capacity for secured in a the already of the they XXX-inch from in had segments, XXX when need before of
for spans customers version wheelbase, body wheelbase the with mix paint line of slide this a of step I will feet for step that the X,XXX in with and cubic greater mentioned built but before, cargo XX the with and be product version the across be cubic feet are of on could a the version vans, custom we reinforcing, next-generation WXX XXX-inch cubic which systems XX% van indicating than seen extended assembly fleet X,XXX side The that same a it's Workhorse's WXX. use worth It X,XXX currently door. is feet. have of volume a
X. Moving to Slide
strategic approach and to our be in establishing and continue service provider an network. We developing optimum to dealer
customers with We are regions. match EV-mandated in very how select geographical them selective we dealers and in
New city array customers are to state, product on of vary that York. ensure focus zones total dynamics. economic a for rather and incentives, some portfolio, XXXX. reach wide on number working XX, in dealer a take the local state take ] tap to goal and XX which by [ like available the advantage -- cases, by dealers within had a this We're skill numerical or to We market fit in our best of our going a brakes even and us match of or We California can target
is dealer quote-to-PO market, this more In conversion important of number the effectiveness partners. than
our months are file in WXXX the current ready most the win proper and all dealers secure and of have commercial understand a In for are their We vouchers. incentives based X HVIP, into an than X by If to X vehicle fleet and the $XX,XXX cases, sell the a base and eligible get Through to some to who critical vehicle XX EV dealers HVIP EV to of incentive CC to additional payback incentive segment. orders fleet the to the apply generate really necessary how owner a can get paperwork remains provide ICEV purchase. on starting X and California voucher and services, qualified trucks can for enough zone, programs. all investment. offered market of of far to by money is WXX, per for purchasers participating ICEV as WX less the owners our the WXX required commercially in
let and strengthen the taken financial steps results that, recent discuss have me our over our the to position. turn call Bob financial With to to we