Question · Q3 2023
Inquired about the basis for the breakeven production forecast (demand vs. capacity), the homologation requirements for future vehicles (Valet and Vapor), whether the breakeven applies only to the Vanish, and the timeline for substantial revenue.
Answer
The company explained that the production ramp is deliberately controlled to manage the supply chain, not due to a lack of demand. The Valet is expected to piggyback on the Vanish's homologation, while the Vapor's process is to be determined. The breakeven calculation is specific to the Vanish, and while no specific revenue guidance was given, a consistent ramp is expected throughout 2024.