Quarterly report pursuant to Section 13 or 15(d)

Vehicles, net

v3.22.2.2
Vehicles, net
9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
Vehicles, net Vehicles, net
The Company’s vehicles balance consists of the following (in thousands):
  September 30,
2022
December 31,
2021
Deployed vehicles $ 145,521  $ 93,192 
Undeployed vehicles 22,757  46,867 
Spare parts 33,827  10,009 
Less: Accumulated depreciation (45,382) (31,119)
Less: Impairment of vehicles and spare parts (48,385) — 
Vehicles, net $ 108,338  $ 118,949 
Depreciation on Sharing vehicles was $11.7 million and $17.3 million for the three months ended September 30, 2022 and 2021, respectively, and $39.0 million and $33.8 million for the nine months ended September 30, 2022 and 2021, respectively.