Question
Timothy Piper (Analysts)
Yes. Got it. And just on the slide before, just maybe a clarification on that 500,000 vehicle program that we previously had appeared. So is that a timing issue in that the OEM has pushed out production on that? Or is this in terms of negotiating a recent margin out of that kind of contract?
Answer
Kees Weel (Executives)
A little bit of both. They pushed it back 12 months. They have pushed it back 12 months, but it's a very -- it's probably one of our slimmer margins that we've looked at and been involved in, and we're continuing to -- that's why we've dropped it off the page. But we continue to try to negotiate a better price. We're not out of the job, but we're not putting our hand up that we want to do it for that margin. So we have done quite a bit of R&D on that program, which we've been paid for, which is fantastic. But when it comes down to a price going for the program moving forward as production price, we felt there was other and bigger opportunities able to give us a better margin. So it's just being smart. We've got a certain amount of capability and capacity, which we're building over between now and '25 and '26. And we're going to make sure that capacity is filled up with the right programs.
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