Market PositioningThe recently strengthened balance sheet, regulatory incentives, and production partners and infrastructure available put the company in a strong position to emerge as one of the few winners in the market.
Order Book ExpansionThe company's order book increased by 15% sequentially and stood at $60M or 400 P7 vehicles, ordered by 24 different customers in North America.
Strategic PartnershipsPartnerships with Penske, U-Haul, and Airbus highlight technological credibility.