Nature of Business and Organization, Basis of Presentation, and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Property, Plant and Equipment, Net

Depreciation and amortization on property and equipment is calculated using the straight-line method over the estimated useful lives of the assets and for leasehold improvements, over the term of the lease, if shorter.

	Useful Life (in years)
Buildings	39
Building improvements	15
Computer hardware	5
Tooling, machinery, and equipment	5 to 10
Vehicles	5
Lease vehicles	7
Computer software	3
Leasehold improvements	Shorter of 15 years or term of the lease

Property, plant, and equipment, net, consists of the following as of:

(in thousands)	March 31, 2025		December 31, 2024
Land, buildings and leasehold improvements	$	112,150	$	111,443
Computer hardware	2,397		2,397
Tooling, machinery and equipment	318,251		319,313
Vehicles	695		245
Lease vehicles	1,872		3,121
Computer software	4,339		4,339
Construction in process	28,797		27,563
	468,501		468,421
Less: Accumulated depreciation	(137,036)		(119,834)
	$	331,465	$	348,587

Schedule of Disaggregation of Revenue

The following table disaggregates our revenue by major source:

	Three Months Ended March 31,
(in thousands)	2025		2024
Automotive sales	$	—	$	—
Automotive leasing - Sales type	265		—
Automotive leasing - Operating type	51		2
	$	316	$	2

Schedule of Standard Product Warranty Accrual

	Three Months Ended March 31,
(in thousands)	2025		2024
Accrued warranty- beginning of period	$	545	$	684
Provision for warranty	(56)		38
Warranty costs incurred	(45)		(64)
Accrued warranty- end of period	$	444	$	658