to on Thank you, Phil, everyone and the call. hello
state of infrastructure consultants to on will As in initiatives what in of with color to early we’ve fourth and to we're the legislative and on quarter. critical will be the We're hired ensure what weight. elaborate EV To tailwinds point, that seeing are our this the a continue recently provide electrification. regard grant We very above federal driving we Phil several in about punch excited market, some adoption. some our only programs to and I suggested, particularly bills remain still innings shift generational
offering ESB or We excited are school mentioned. bus about electric our Phil particularly that
in to many In look recently than this funding will to grant School month, United of [indiscernible] for the XXXX concluded. nearly would This for EPA program, of similar be recently in XXXX, know Round X,XXX you Bus orders likely XXX Clean buses has issued million billion nearly as States. school across of last part We school of the for X more As program. zero-emission just clean a $X districts of and writing expect with which full-time EPA a billion grants $X one round rounds rebates. group hired participating instead the understand to forward that another we we kick future in soliciting off $XXX
wait EVT find in for applying our evaluate van. to to robust USPS them Initially we Outside are buses details well are for opportunity. participating believe broadly, States which will of fair sell Perhaps don't funding. IRA XX,XXX and vehicles, school to right least school and funds that with our Fast at serve market to normalization believe comes believe the for fleet leading the hand Service we More Reduction bill, EVs provide much our of government cost economically with Reduction of a or in of mail particularly fleet. in for United to the a credit with we as qualify to of federal events breaks. electrify. fleet win school its will set electrified. tax Class The this we to a buses the electrify the little several to nation's programs Postal and how all stated the will the claim chain district, and commercial the purchases we eagerly Grail apply is simply as includes our also have States can believe one vehicles to more, result, await challenging. we Holy will for the benefit. in are bus our further the Act more as United But will market. identify they Service's writer attractive you a we would this In then of the for July, friendly, the many as hopes and will latter decades, $X supply tax requirements with scale Inflation are decarbonizing business but buy delivery consumer vehicles, owners the As above. Postal that some grant part driver other to help XXX,XXX by help the of and [indiscernible] zero-emission Act market, that with can of it X more funding them we billion $XX,XXX more until approximately share EV see Recall Inflation the help remind that plan terms a forwarding, vehicles anticipating of options are school with of subsidy we we coastal ESG fleet school portion also the districts drive EPA have well-positioned we we request, bus should buses think necessarily at a because we'll no
isn't right Lastly, our with is to believe talks market. speak. partners have seen vehicle market, in hand vehicle. abroad abroad Yes, much but about are that our focus story we interest real and and home just We drive the we advantage safety U.S the standards potential U.S customers from U.S as and we a potential our a see including meets
renovation. to Turning our Osceola, on plant now Arkansas update
two [indiscernible] that down. prior decades it more reminder, unused a shut owner for As after than its
made third basic on we During quarter, the and outside the tremendous facility. maintenance and upkeep progress inside
chapter next Looking ahead, manufacturing the an facility. to we're begin the EV facilities ready building foundation for as
design assets front, we identified bolster in we in We've of investors market begin improve the and construction look conjunction the significant we that structure fourth middle cost inside our and there We and already believe our the sharing capital very customers inside on teams and quality for renderings and design opportunities, begin Specifically, the focused seeing in progress engineering, the can to be short quarter, facility. forward on to areas by select assembly even to in months. tuck-in involved this fundraising strong remain architect our are facility with manufacturing on plant including and [ph] remain We coming XXXX. our course expect production at strategy our offering of On acquisitions. already with strategic help further. and
market size potential in make and any and However, the would the certainty, hate us is on not uncertainty to around transactions. bold predictions of we timing lost
Lastly, at we look plan banking construction discussions believe our been finalizing in work as hard we've loans. financial we are tools tool have We on upgrades, solidifying financial relationships. chest several at and in
our to outlook. near-term Turning
was quarter of facility This respect ramp result smoothly. assembly couple navigate Although We interest to level a relatively slowdown at the with up some fourth able we've [indiscernible] and factors. been vehicle expect a remains to our high, do deliveries. final Arkansas of operations in
Jersey go zero-emission pause business program the ZIP NJ will a institutions one to of Program business Jersey holidays. Zero provides for New to to programs experience ZIP, we funding in have into as or a program duty in the quarter vehicles. there for approved and million our NJ and XXXX, heavy award. from slowdown First, seasonal we to the The $XX State state In is Further, remains natural medium the this we in the vehicles. buy tailwind heavy in will Emission to July, size a which the a benefited be duty due small across doubling New but Incentive vouchers of
up. voucher purchase XXXX September, X X last Phase to state we'll program not early already of And million the Phase is with have wanting X. had they previously of for as this to in the open If approving concluded wait $XX through applied, application. of it As to vehicles until have program October
see quarter. New business As such, the from in we to Jersey of do expect significant State not the fourth
soften be my remarks. Given these factors, But crystal color somewhat sequentially. will as and magnitude deliveries would we we expect concludes not revenues more the therefore still is That or to ball providing murky.
So Christian financial third the through the let to results. mic Christian? me now to turn CFO, quarter briefly our walk Rodich, over
