Accruals and Other Liabilities

12 Months Ended

Dec. 31, 2024

Accounts Payable and Accrued Liabilities, Current [Abstract]

15. Accruals and Other Liabilities

Accruals and other liabilities consisted of the following:


	As of December 31,
	2023		2024

Payables for purchase of property, plant and equipment		1,723,130		1,799,882
Employee compensation payables		939,023		1,186,036
Payables for R&D expenses		1,085,353		1,069,926
Accrued expenses		598,423		958,607
Accrued cost of purchase commitments (i)		285,519		621,419
Deposits from third parties		501,197		549,487
Payables for marketing events		368,163		447,839
Tax payables		350,263		435,564
Warranty provisions		219,988		389,290
Advance from customers		100,281		376,897
Refundable deposit from customers		61,717		172,762
Interest payables		44,526		41,093
Debt from a third party investor(Note 17(i))		541,918		—
Others		760,694		601,834

Total		7,580,195		8,650,636

Accrued expenses primarily included receipts of goods and services that the Group had not been invoiced yet.

(i)

For the year ended December 31, 2023, due to the cessation and upgrade of certain models, the Group recorded the loss on purchase commitments mainly for raw materials that were specifically related to these models with amount of RMB285,519 in cost of sales. For the year ended December 31, 2024, due to the cessation and upgrade of certain models, the Group recorded the loss on purchase commitments mainly for raw materials that were specifically related to this model with amount of RMB401,743 in cost of sales.