Related Party Transactions |
6 Months Ended |
|---|---|
Jun. 30, 2024 | |
| Related Party Transactions | |
| Related Party Transactions | 22. Related Party Transactions HyVia Our 50/50 joint venture, HyVia, manufactures and sells fuel cell powered electric light commercial vehicles (“FCE-LCVs”) and supplies hydrogen fuel and fueling stations to support the FCE-LCV market, in each case primarily in Europe. For the three months ended June 30, 2024 and 2023, we recognized related party total revenue of $0.7 million and $2.3 million, respectively. For the six months ended June 30, 2024 and 2023, we recognized related party total revenue of $3.8 million and $6.1 million, respectively. As of June 30, 2024 and December 31, 2023, we had related party outstanding accounts receivable of $0.6 million and $2.3 million, respectively. SK Plug Hyverse Our 49/51 joint venture, SK Plug Hyverse, aims to provide hydrogen fuel cell systems, hydrogen fueling stations, electrolyzers and clean hydrogen to the Korean and other selected Asian markets. For the three months ended June 30, 2024 and 2023, we recognized related party total revenue of $1.1 million and $0.8 million, respectively. For the six months ended June 30, 2024 and 2023, we recognized related party total revenue of $4.5 million and $1.0 million, respectively. As of June 30, 2024 and December 31, 2023, we had related party outstanding accounts receivable of $0.5 million and $1.7 million, respectively. |