RELATED PARTY TRANSACTIONS

6 Months Ended

Jun. 30, 2023

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS

Revenues

The Company recorded $242 million and $314 million in revenues from Amazon.com, Inc. and its affiliates (“Amazon”) for the three and six months ended June 30, 2023, respectively, within “Revenues” in the Condensed Consolidated Statements of Operations, primarily related to the sale of Electric Delivery Vans (“EDVs”). As of December 31, 2022 and June 30, 2023, the uncollected amounts related to these revenues in “Accounts receivable, net” on the Condensed Consolidated Balance Sheets were $60 million and $219 million, respectively.

Operating Expenses

The Company obtained prototyping, engineering, and other research and development (“R&D”) services from a wholly-owned subsidiary of Ford Motor Company (“Ford”), a related party of the Company as a beneficial owner of more than 10 percent of the Company’s voting interests until May 2022. The related expense was recognized in “Research and development” in the Condensed Consolidated Statement of Operations during 2022, until Ford was no longer a related party, and was not material.

The Company obtains data services, including hosting, storage, and compute from Amazon. During the three and six months ended June 30, 2022 and 2023, expenses related to these services were not material. As of December 31, 2022 and June 30, 2023, the unpaid amounts related to these services were not material.