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OTHER NON-CURRENT ASSETS, NET (Details)
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2022
NZD ($)
Dec. 31, 2021
USD ($)
Other Non-current Assets, Net [Abstract]      
Loan to the third party [1] $ 4,591,717   $ 0
Receivable from a third party [2] 0   2,353,827
Long-term prepayment [3] 1,280,974   1,587,693
Deposit 758,038   564,007
Total 6,630,729   4,505,527
Less: provision for loan to the third party and receivable from a third party [1],[2] (4,591,717)   (2,353,827)
Other non-current assets, net $ 2,039,012   $ 2,151,700
Period of liability insurance policy for existing officers and directors 6 years    
Loan to Third Party [Member]      
Debt Instrument [Line Items]      
Debt instrument term 5 years    
Aggregate principal amount $ 4,439,400 $ 7,000,000  
Interest rate 2.50% 2.50%  
[1] The balance represents a 5-year loan in the aggregate principal amount of $4,439,400 (New Zealand Dollar 7,000,000) to the related party, bearing interest of 2.5% annually and maturing in August 2026. As for the resignation of Mr. Justin Davis-Rice in 2022, the controller of Bendon Limited and the former director of CEGL, Bendon Limited was not a related party as of December 31, 2022. The company believes that the possibility of the collection is remote and recorded full provision for the loan.
[2] In 2018, the Company signed an agreement with Anhua Automotive Co. Ltd., (“Anhua”) and paid an initial non-refundable deposit to participate in Anhua’s bankruptcy recombination process to develop further production capacity in China. However, due to the irrecoverable deterioration of Anhua’s business and Cenntro’s focus on Europe and America markets, Cenntro declined to further participate in the recombination process. Therefore, Cenntro recorded full provision for the deposit. The balance was written off for the year ended December 31, 2022.
[3] The balance mainly represented a six-year period liability insurance for the existing officers and directors in connection with the closing of the Combination.