v3.25.2
RELATED PARTY BALANCES AND TRANSACTIONS - Additional information (Details)
$ / shares in Units, $ in Thousands
6 Months Ended 12 Months Ended
Dec. 21, 2022
$ / shares
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
$ / shares
shares
Mar. 31, 2023
item
Jan. 31, 2023
USD ($)
Related party transaction [Line items]            
Related Party Transaction, Amounts of Transaction   $ 17,854 $ 9,590      
Interest expenses   33,641 11,708      
Loans repaid with interest   601,425 151,118      
Intangible assets   116,485   $ 116,500    
Shortterm borrowings   1,023,684   802,519    
Related party            
Related party transaction [Line items]            
Operating Lease Liability Lease, Current, Related Parties   1,625   1,028    
Interest expenses   (13,799) $ 0      
Shortterm borrowings   390,406   199,570    
Conversion price | $ / shares $ 9.5          
Investment securities   $ 2,158   2,221    
Related party | Geely Auto Wuhan Branch and Wuhan Geely Auto Parts            
Related party transaction [Line items]            
Term of manufacturing agreement   10 years        
Related party | Service fee for entrusted daily operation and maintenance service | Wuhan Quanqing            
Related party transaction [Line items]            
Related Party Transaction, Amounts of Transaction   $ 0        
Related party | Short-term loan            
Related party transaction [Line items]            
Principal amount of debt   342,633        
Interest expenses   10,090        
Loans repaid with interest   161,639        
Outstanding loan principal and interest was secured by equity interests   $ 170,038        
Equity interest rate   45.00%        
Short term borrowings secured by the Group's intellectual property   $ 206,385        
Shortterm borrowings   390,406   199,570    
Related party | Short-term loan | Asset Pledged as Collateral | Intellectual property            
Related party transaction [Line items]            
Intangible assets   $ 0   $ 0    
Related party | Short-term loan | Maximum            
Related party transaction [Line items]            
Interest rate on loan   6.00%        
Related party | Short-term loan | Minimum            
Related party transaction [Line items]            
Interest rate on loan   3.70%        
Related party | LGIL put option | Geely HK And Etika            
Related party transaction [Line items]            
Consideration           $ 0
Number of vehicles to be sold, pre-agreed condition | item         5,000  
Exercise price | $ / shares       $ 0    
Share issued, acquisitions | shares       0