RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 30, 2023

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS

Revenues

The Company recorded $117 million and $401 million for the three months ended September 30, 2022 and 2023, respectively, and $133 million and $715 million for the nine months ended September 30, 2022 and 2023, respectively, in revenues from Amazon.com, Inc. and its affiliates (“Amazon”), 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 September 30, 2023, the uncollected amounts related to these revenues in “Accounts receivable, net” on the Condensed Consolidated Balance Sheets were $60 million and $108 million, respectively. As of December 31, 2022 and September 30, 2023, contract liabilities related to these revenues, primarily related to extended service contracts, were not material. Refer to Note 2 "Summary of Significant Accounting Policies" for more information about revenue.

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 nine months ended September 30, 2022 and 2023, expenses related to these services were not material. As of December 31, 2022 and September 30, 2023, the unpaid amounts related to these services were not material.

Unconditional Purchase Obligations and Commitments

Refer to Note 10 "Commitments and Contingencies" for more information about unconditional purchase obligations with Amazon.