v3.25.1
Property and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2024
Property and Equipment, Net [Abstract]  
Schedule of Property and Equipment, Net

Property and equipment, net, consisted of the following:

 

   As of December 31, 
   2024   2023 
Vehicles held for use  $3,234   $3,212 
Production facilities   2,748    2,760 
Electronic equipment   775    779 
Furniture   283    280 
Leasehold improvement   114    114 
Battery and charging swap infrastructure   106    106 
Less: Accumulated depreciation   (1,599)   (868)
Less: Impairment of property and equipment (i)   (3,159)   (3,186)
Property and equipment, net  $2,502   $3,197 

 

(i) Accumulated impairment loss of property and equipment was US$3.2 million as of December 31, 2024 and 2023, which was recognized on certain property and equipment associated with vehicle manufacturing.
Schedule of Impairment made for Property and Equipment

Impairment made for property and equipment was as follows:

 

   Amounts 
Balance as of December 31, 2022  $
-
 
Impairment made during the period   3,183 
Effect of exchange rate differences   3 
Balance as of December 31, 2023  $3,186 
Impairment made during the period   
-
 
Effect of exchange rate differences   (27)
Balance as of December 31, 2024  $3,159