Quarterly report pursuant to Section 13 or 15(d)

Vehicles, net

v3.23.2
Vehicles, net
 6 Months Ended
Jun. 30, 2023
Property, Plant and Equipment [Abstract]  
Vehicles, net Vehicles, net
The Company’s vehicles balance consists of the following (in thousands):
June 30,
2023		 December 31,
2022
Vehicles in use $ 108,899  $ 134,202 
Vehicles not yet in use 28,155  31,900 
Spare parts 26,699  28,476 
Less: Accumulated depreciation (1)
(78,060) (94,490)
Vehicles, net $ 85,693  $ 100,088 
(1)Includes $54.3 million of impairment of vehicles and spare parts, net of assets no longer in service and consumption of spare parts of $7.8 million for the year ended December 31, 2022. There were no such impairments recorded during the six months ended June 30, 2023.
Depreciation on Sharing vehicles was $7.7 million and $18.4 million for the three months ended June 30, 2023 and 2022, respectively, and $17.5 million and $27.4 million for the six months ended June 30, 2023 and 2022, respectively.