v3.25.2
Property, Plant and Equipment, Net
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment, Net  
Property, Plant and Equipment, Net

7.    Property, Plant and Equipment, Net

Property, plant and equipment and related accumulated depreciation were as follows:

​

​

​

​

​

​

​

​

December 31,

​

June 30, 

​

    

2024

    

2025

​

​

​

​

(Unaudited)

Mold and tooling

 

7,108,020

​

9,250,807

Production facilities

​

6,845,010

​

9,045,133

Charging & battery swap equipment

 

7,761,253

​

8,617,932

Leasehold improvements

​

6,124,611

​

6,365,822

Construction in process

​

3,616,078

​

2,064,631

Computer and electronic equipment

 

1,922,333

​

1,923,728

Corporate vehicles

​

1,949,132

​

1,839,294

R&D equipment

 

1,635,821

​

1,671,450

Purchased software

​

1,349,419

​

1,369,918

Buildings and constructions

 

913,281

​

914,360

Subscription vehicles

​

799,846

​

818,976

Others

 

1,429,868

​

1,610,647

Subtotal

 

41,454,672

​

45,492,698

Less: Accumulated depreciation

 

(15,559,399)

​

(18,684,876)

Less: Accumulated impairment

​

(2,369)

​

(2,711)

Total property, plant and equipment, net

 

25,892,904

​

26,805,111

​

The Group recorded depreciation expenses of RMB2,647,932 and RMB3,493,303 for the six months ended June 30, 2024 and 2025, respectively. As of December 31, 2024 and June 30, 2025, certain property, plant, and equipments with carrying values of RMB1,131,796 and RMB731,222, respectively, were restricted as collateral for long-term bank loans. Subsequently, in July 2025, certain property, plant, and equipment and land use right with carrying value of RMB694,493 were restricted as colleteral for credit quota from certain supplier.