Thursday, October 06, 2022 1:22:15 PM
Ameet Thakkar -- BMO Capital Markets -- Analyst
Hey. Hi. And thanks for squeezing me in. Just real quick on the production kind of outlook of 500 tons per day kind of exit rate in 2025.
Should we think about all of that as being kind of in the US, or is that going to be kind of global? Just kind of thinking about how the PTCs might kind of flow to the bottom line?
Andy Marsh -- Chief Executive Officer
I'm going to let Sanjay take that one.
Sanjay Shrestha -- Chief Strategy Officer
Thank you, Andy. So I mean, it does -- we've mentioned this in the prior calls as well, that 500 tons is really the number in North America. And by 2028, we said we want to be 1,000 tons, and that actually includes Europe as well. But you do bring up a good point, is there an opportunity for that 500 tons to be potentially higher given some of the activity we have going on in Europe.
The answer to that is yes, but that 500 tons number is strictly referring to North American production by end of 2025.
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