The first EV20 meeting took place in New York City last month and the next meeting is planned at the UN climate talks in Cancun, Mexico later this year. We certainly hope this group achieves its goals and advances the commercial deployment of EVs around the world. This newly formed group is chaired by Prince Albert II of Monaco and convened by The Climate Group. Notable members include Smith Electric Vehicles, PSA Peugeot Citroën, Johnson Controls Inc., Deutsche Bank and Better Place. In addition, New York, Basque Country, Quebec, South Australia and Victoria have signed on.EV20 aims to connect the leaders in the field, speed up the learning process and pool resources. We're delighted that these influential organizations have joined us in this effort. Electric vehicles are cleaner and more efficient, even based on today's energy sources. Governments, banks and businesses around the world are grappling with the same challenge: How to harness the potential of plug-in vehicles for their citizens, workers and investors.