Advent Technologies Holdings, Inc. (NASDAQ:ADN) Q4 2022 Earnings Call Transcript

Lacie Midgley: Okay. And one last one for me, just finishing up sort of thoughts on the auto market more generally. Is there €“ is this wider interest that you are getting sort of €“ I know you probably don’t get to say too much on this again. But from sort of auto players, I am assuming so, given this deal. And within that, I mean obviously, you mentioned in the statement, with Hyundai, those on heavy-duty applications, is there more interest around that given your technology and your strengths. Now, on the light-duty side, any color you can give there would be helpful.

Vasilis Gregoriou: Yes. You said it. We are very competitive and we have tremendous advantage for heavy duty, maybe a little bit light duty. And we are not €“ that competitive somewhere else. So, we are trying to consolidate where our strength is. So, I think let’s go where we have our strength rather than to try to engage in everything that, at the end of the day, technology is what makes the thing either work or doesn’t work. So, heavy duty and some light trucks as well, I would say.

Lacie Midgley: Okay. Thanks very much. That’s all for me. Thanks guys.

Vasilis Gregoriou: Thank you, Lacie.

Operator: There are no further questions at this time. Ladies and gentlemen, thank you for participating. This concludes today’s conference call. You may now disconnect.