v3.26.1
SEGMENT INFORMATION
12 Months Ended
Dec. 31, 2025
Disclosure of operating segments [abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Information was reported to the Company’s chief operating decision maker for the purposes of resource allocation and assessment of performance as a single operating segment involving sales of hardware and battery swapping service. As such, the Company had identified one reportable segment.
a.Geographical areas
Information about the Company’s non-current assets excluding financial instruments by geographical location as of December 31, 2025 and 2024 was detailed below:
As of December 31,
20252024
Taiwan$448,335 $474,063 
India15,270 17,004 
Others877 291 
$464,482 $491,358 
The Company’s revenue from external customers by geographical location for the years ended December 31, 2025, 2024 and 2023 was detailed below:
For the Year Ended December 31
202520242023
Taiwan$270,390 $298,040 $328,527 
Others11,090 12,601 21,319 
$281,480 $310,641 $349,846 
b.Major customers
No single customer contributed 10 percent or more to the Company’s revenue for the years ended December 31, 2025, 2024 and 2023.