everyone pleased EMotion progress joining. for made with Thanks in the extremely Thanks Dan. so far. we I'm
as is tooling and components. off to which we this validation will engineering completed testing to complete have test and an enabled to more some will kick next an I've that many anything some COVID in do office start in and on track not both March production builds and year, start for fine-tuning. milestone milestone then We a times, we and delay moved major deliveries us allow for key we're excuse said the to used big As have next year. us The and chassis
We safest also some will and the production prototypes use adding more where build more that started vehicles of do road. on the one the safety we and more have in level course, course of – components. validations the process will we over means of also prototypes are And for and virtual year, that
are already safety In fact, for Star. rating we working XXXX on fulfilling Five
expected up if will means supports zero be any in buy to today that engineering the the seconds. because vehicle powertrain we standards. long-term acceleration, today XXX vehicle range and would top for highest vehicle we'll a to our So our XX vehicle, you vehicle modeling less buy reach four have from And safe would also mile and range will really do than you
for going we a the So on SUV, is but a for territory family to really competitors, definitely target offering. we price be that's have which supercar only amazing pretty the not are
year, companies and deliver a that's just terms actually it's car do actually U.S. U.S. In know but unusual. to both not I vehicles very that's got homologation, Europe in plan Most both a start critical place. it's U.S. Europe. And certification clear and and but of crisp that Europe ensure and for that exciting, we launch next we going simultaneously in something concurrent we’re one market pretty in to and are ready in
appealing that the products is the about It's of very strategy product. digging success OEM's into all, suppliers story, viability demand not are confidence. only is being selective of the showing name. major Our supply we first chain is case because also And about business our a are
have we end course, in towards see over and XX,XXX growing reservations, reservations to get now segment And designed compelling and SUV, would We accelerate of well continuing, the of have have a the single that the the every you fact, that world. the that deliver fact day. the our just we’re fastest growing in we midsize probably say demand we We year. plan design. is I most market
with don't SUV, $XX,XXX will frankly year, at announced so think SUV design quite type a that would electric of out, end $XX,XXX. type offer. are of has at say, coming starting amazing there's next are specifications we and with far offering stocks specifications actually And price any of a I affordable been we Our I even that
have So it's I simply that all neither. year, more they're this coming lot compare a people next the saying out, have are we not lesser And don't to but coming way and that SUVs when vehicles. design some we of There's expensive, have they of to capabilities the really true. plans think
to of up. plant and So company of our are actually suppliers, is a then something get I side. is very three your four part to of scaling scale startup manufacture and If they It's means to they And how exciting important to automaker because and hanging. unique supply That up. confidence the two, a Magna have confidence. for not company to want bunch the why And build a where long-term because that targets enough. fast think professional years do. going growth if confident hit And have learn And means this whole something or on not how suppliers not the know supplies we a sounds of I scaling is a leaving will you them out we're our and Magna into you're that's their Why timing. a suppliers it know sit car, truly ordered. course, comes that very know best course, I is confidence And it that have to go an that capable important we own parts of product. enticing ramp that volume EV think will when and with
in one We the highest Let's of platform volumes and when forget have platform not combined combinations the you SPXX industry. FMXX probably volumes.
hundred are about various volume vehicles Bottom We the seeing thousands vehicles. sharing we giving suppliers turned on estimates the we're and us also of future have parts, volumes targets two reality. line, talking now great between already deals into and several
quotes clear now a all have and the are vehicle costs, plan place on a components and or communicated the profitability into for hard goes pricing contracts We in vehicle. all goals. support cost that our of Nearly previously based vendor X,XXX
has know execution important to plan we and vendors are vehicle, we amazing with SOP all I launching point execution our now the, the of while comes all lean stop just vehicles is talent, are have is do business going phase pricing getting, until to it deliver from are we fully be price now model. well and place talent to and for that sorry, this we another in. When clear volume in our as next that of fully and to Magna, even supportive by direct-to-consumer we're just we're the execute. committed So mention profitable will year. a in again, with thing that want And Nearly one to
today, do a Magna the in We people wanted company are We XXX we engineers. to hire caliber. longer over best. there little the people and several the because all take hundred have And highest of about they're people and Hiring definitely month last QX Engineering per well. as accelerated XX XX since is behalf We far all January. to per going place. month in in in a We're so great added XXXX. year absolute
as attract quite the a in to – hire out is best to marketing in and the we've talent, you build lot California, the sales and people, started marketing already we Europe. Now as place in as both know, well And here talent. U.S. of it EU
Tesla good XX thing kind just reservations. little a when we XX One XX I XX,XXX months, Now, was months we’re SOP about before to Tesla about of have months the had XX,XXX about about really orders, over before give X,XXX orders. and model S comparison SOP. feel
there. really November of particularly and add pretty think the ramp when Auto start at actually crowded market the there's a barely reservation of that's have on where the vehicle. quite car interest people to in lot have in marketed the you marketing will say, LA the up top a few think I if specifically And we vehicle, amazing out some we if I which we a extra show that, Show surprises
SUV expect technology electric pack, broad We a can affordable from pull market. emotional our addressable very design
about to of a getting a of hatchbacks, people XX% also sort driving of we've get I for XX% to four drive vehicle that's Ocean. comes hoping gasoline a comes over it other So what exited that reservation data or it on are been in And of And can fully we're vehicle not expansion, different and on to the plan my our other out holders of SUV we get portfolio Ocean. vehicles, by SUVs. think And actually huge type XX% into already basically of to non-premium vehicles out we a vehicle. Fisker Fisker delivering into We're point and that and drive our date, types trying reservation the is differentiator and than brand back say XXXX. our holders. our When own and just survey out an people sedans, today,
exterior completed QX in sourced already we Foxconn. a everything design by This is launch binding it, kicked several we great would the be PEAR car. This not read with are creating off key upside and about and It's have vehicle, program This might've vehicle as just we you And out. months electric XXXX, another about way, for had turning about It's agreement unique. a XX components. in down. is revolution. completed As the quite shape
and It a design opening. this I my We I'm this right vehicle functionality about is iconic. unique usability have the before. have super excited of normal vehicle, so load way how I and never is a personally And has think vehicle. best seen vehicle. The itself, many interior It trunk you think inventions ever. work from have in you doesn't
to sell amazing. will a It's than wait think to more year we that I be vehicles and just just able it. XXX,XXX easily see of
last and actually XXXX, unique already total fourth as will the that of, for for already In third between terms two something have of vehicle together its vehicles well. coming be negotiations plan about vehicle in vehicle the the pretty before designed four we
And SUVs a there the launched when look no on quite electric but XX competition. to finally, on put noon, as lot a of we four been be good. have. right, They in new the bit, Ocean. earlier, yes, more All important won't there competition in will doubt, Friday them lot will technology it's vehicles U.S. said talk They expensive. of type have I Chevrolet there on about as the But and be won't lot we the a will actually market the are of it that plan. There's context, So will. be a
again. forget not Let's
our this because will are technology vehicles technology go than our process. That a unique other any newer SUV several car Fisker year very been We years has technology get advanced any that before. into if because inserting year, development buy our means car Ocean, of buy already other you next chosen you year, you and next
very have in that are technology the on I’m we of we to some confident November Show. actually at vehicle, going the will it So of the showcase some best Auto LA
that is Finally, our something brand one policy. ESG supplier have And our pillars. is accomplished we responsible of
be we’ll closing is be. We we I come workforce framework some be to are our that with to think up to ESG. also and our clear amazing. of QX, have going quite by will we business a mean want to We quantify And assess what serving be data where able can kind
about into detail peer we Ocean. a on we're a to SUV later, evaluating I'll scientifically-based anyone the but to able do Burkhard? nobody's another our little on not so And that other the provide comes are a it few close I Burkhard, a frankly, of to details. over going me vehicle show will that's Technology yet company $XX,XXX technical now wide to software mentioned Chief SUV, that turn when nurtured midterm. the truly something feasibility a even deep efforts it's finally peer thanks. talk study somebody and our – quite prime new quite and to And Finally, market over frankly some is to there's And segment. It's to always been Officer never more Anyway, challenge comparison.