Reserve

We are committed to commencing production and delivery as soon as possible. However, the exact timing remains uncertain and is dependent on several key factors, including: 

•  Securing necessary funding: We require substantial upfront capital to initiate production, including funding for tooling, validation programs, and manufacturing facilities. Specifically, securing the capital estimated for both initial low-volume and subsequent high-volume production phases is critical. Until this funding is secured, we are unable to provide any certainty with respect to delivery.
• Availability of resources: Production is contingent on the availability of materials, components, manufacturing facilities, and an uninterrupted supply chain.
• Addressing technical challenges: We may encounter further technical challenges that require redesign or alternative sourcing of components.
• Meeting regulatory requirements: We must meet all necessary safety and regulatory requirements to certify our vehicles. 

Our approach to achieving future production is based on completing vehicle validation and testing, developing our manufacturing processes, and establishing a robust supply chain. Our current operational capabilities are focused on assembling and rigorously testing production-intent vehicles, preparing our manufacturing facility, and readying necessary components for initial production runs.