v3.25.2
Other Non-Current Liabilities
6 Months Ended
Jun. 30, 2025
Other Non-Current Liabilities  
Other Non-Current Liabilities

12.  Other Non-Current Liabilities

Other non-current liabilities consist of the following:

December 31, 

June 30, 

    

2024

    

2025

(Unaudited)

Warranty liabilities

 

4,068,079

4,281,837

Deferred revenue

 

3,045,846

2,847,380

Non-current finance lease liabilities

35,145

1,709,800

Payable to BaaS users

 

779,695

854,015

Deferred government grants

391,116

429,882

Others

308,715

316,139

Total

 

8,628,596

10,439,053

Deferred government grants mainly consist of specific government subsidies for purchase of land use right and buildings, charging and battery swap equipment, which is amortized using the straight-line method as a deduction of the amortization or depreciation expense of the relevant assets over their remaining estimated useful life.