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Fisker sees FY23 Capital Expenditures $245M-$260M

Fisker expects to produce 20,000-23,000 units in 2023, provided Fisker’s suppliers and partners can support this volume and ramp. The following information reflects Fisker’s expectations for key non-GAAP operating expenses and capital expenditures for FY23. Fisker is projecting the total of these items to be within a range of $565M-$640M. Fisker anticipates an 8-12% gross margin range for full year 2023, provided input costs do not change dramatically. Sees FY23 Research & Development $160M- $190M. Sees FY23 Selling, General, and Administrative $160M-$190M.

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