v3.26.3
Property and Equipment, Net
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, Net
5.
PROPERTY AND EQUIPMENT, NET

Property and equipment consisted of the following:

 

 

As of December 31,

 

 

As of June 30,

 

 

2025

 

 

2026

 

 

US$

 

 

US$

 

Machinery and equipment

 

 

356,946

 

 

 

369,766

 

EV Chargers

 

 

1,845,556

 

 

 

1,877,966

 

Office and electronic equipment

 

 

665,570

 

 

 

770,462

 

Software

 

 

18,764

 

 

 

19,438

 

Leasehold improvement

 

 

782,207

 

 

 

810,301

 

Constructions in progress

 

 

192,436

 

 

 

321,494

 

Property and Equipment

 

 

3,861,479

 

 

 

4,169,427

 

Less: Accumulated depreciation

 

 

(1,889,083

)

 

 

(2,160,991

)

Property and Equipment, net

 

 

1,972,396

 

 

 

2,008,436

 

 

Depreciation expenses were US$166,540 and US$271,908 for the six months ended June 30, 2025 and 2026, respectively.