The company said, “In the third quarter of 2023, we forecast production of approximately 36,000 units based on continued operational improvements. For full-year 2023, we continue to forecast spending $120 million of cash operationally but are lowering our CapEx forecast from $120 million to $70 million. This is due primarily to CapEx payments for our first Gen2 Autoline that we previously forecast to spend directly that are being covered by the local funding in Malaysia.”
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