Fisker slashes annual manufacturing forecast as provide chain problems linger

Startup elecrtric carmaker Fisker slashed its manufacturing forecast for the hour on Friday because of provide chain woes, a regular factor amongst smaller EV-only manufacturers.

Fisker now expects to assemble between 20,000 and 23,000 automobiles in 2023, unwell from 32,000 and 36,000 devices that it projected in Would possibly.

The California-based corporate stated it misplaced $87.9 million all the way through the second one quarter, fairly not up to the $88.6 million it misplaced all the way through the similar quarter utmost hour.

Fisker, on the other hand, recorded its first quarterly earnings from gross sales — $825,000 — because the EV maker kicked off deliveries in Europe and the U.S.