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It now expects to produce between 20,000 and 23,000 vehicles in 2023, down from 32,000 and 36,000 units that Fisker projected in May.
The California-based company, however, recorded its first quarterly revenue from sales as the electric sport utility vehicle (SUV) maker kicked off deliveries in Europe and the United States.
The company reported $825,000 in revenue in the second quarter.
Fisker made 1,022 units of its Ocean SUVs in the second quarter, missing its target of 1,400 to 1,700 units due to a shortage of components.
It reported a loss of 25 cents per share, compared with a loss of 36 cents per share a year earlier.
Analysts expect the company to record an operating profit in the fourth quarter of the year, according to Refinitiv.
