Rachel Warren

They're expanding into commercial AVs.

China is a market where adoption of AVs is much, much higher than we are seeing in the U.S.

So that's something that's, I think, really critical.

It is.

And again, they have this very rapidly developing domestic AV market.

There's broad government support.

So you've got a lot of regulatory guardrails in place.

We're also seeing a broader establishment of legal and regulatory frameworks for AVs in Europe too.

So that's something that's important to watch.

So there's a million different ways to play this, right?

You've got the legacy companies like Mercedes-Benz Group.

They've got their drive pilot.

That was the first level three system that was certified for use on approved

roads in certain states in Germany.

By the way, I want to hold on that.

Absolutely.

And I think very few people are talking about that or might even be aware of that.

And, you know, of course, you've got Amazon, they've got their Zoox Robotaxi service.

That's been a very, very limited deployment at this point.

But I think the bottom line here is there are so many different opportunities in this space that are just emerging, looking in different markets outside the U.S.