Hyperdrive
Fisker Cuts 2023 Production Target Again for Debut Electric SUV
This article is for subscribers only.
Fisker Inc. is lowering its electric vehicle production guidance for the year a second time, now targeting about half of what it had originally set out to make with manufacturing partner Magna International Inc.
The company said Friday it expects 2023 output to be in a range of 20,000 to 23,000 vehicles, blaming a “short-term capacity constraint at one supplier” which it did not specify. That’s down from Fisker’s initial full-year guidance of as many as 42,400 vehicles and an estimate in May of between 32,000 and 36,000.