Revenue Recognition

3 Months Ended

Mar. 31, 2024

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Revenue Recognition

Disaggregated revenues by major source for the three months ended March 31, 2024 and 2023 consisted of the following (in thousands):

	Three Months Ended March 31,
	2024		2023
Product and service revenue
Stepvans & vehicle incentives(1)	$	11,585	$	4,262
Powertrains	422		5
Fleet-as-a-Service	628		166
Total product revenue	12,635		4,433
Ancillary revenue	527		264
Total revenues	$	13,162	$	4,697

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(1)Amounts are net of returns and allowances. Stepvans & vehicle incentives includes revenue generated from leasing.