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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Summary of Cash and Cash Equivalents
Cash and cash equivalents as reported in the consolidated statement of cash flows are presented separately on the consolidated balance sheets as follows:
 
    
As of December 31, 2023
    
As of December 31, 2024
 
    
Amount
    
RMB equivalent
    
Amount
    
RMB equivalent
 
Cash and cash equivalents:
           
RMB
     13,597,107        13,597,107        15,838,827        15,838,827  
US$
     1,021,773        7,236,909        345,447        2,483,208  
HK$
     4,218        3,823        5,839        5,407  
Others
     not applicable        289,324        not applicable        258,832  
     
 
 
       
 
 
 
Total
        21,127,163           18,586,274  
     
 
 
       
 
 
 
Summary of Accounts Receivable, Allowance for Credit Loss
The following table summarizes the activity in the allowance for credit losses related to accounts receivable, other current assets, installment payment receivables and other
non-current
assets for the years ended December 31, 2022, 2023 and 2024 :
 
    
For the Year Ended
December 31, 2022
 
Balance as of December 31, 2021
     67,096  
Current period provision
     67,654  
Write-offs
     (13,043
  
 
 
 
Balance as of December 31, 2022
     121,707  
  
 
 
 
 
    
For the Year Ended
December 31, 2023
 
Balance as of December 31, 2022
     121,707  
Current period provision
     70,357  
Write-offs
     (41,281
  
 
 
 
Balance as of December 31, 2023
     150,783  
  
 
 
 
 
 
  
For the Year Ended
December 31, 2024
 
Balance as of December 31, 2023
  
 
150,783
 
Current period provision
  
 
5,572
 
Write-offs
  
 
(36,557
)
 
  
 
 
 
Balance as of December 31, 2024
  
 
119,798
 
  
 
 
 
Summary of Useful Lives of Property Plant and Equipment
    
Estimated useful lives
 
Buildings
    
10
 
to 
20
 
years
 
Machinery and equipment
    
2
 
to 
10
 
years
 
Charging infrastructure
     3 to 5 years  
Vehicles
     2 to 5 years  
Computer and electronic equipment
     2 to 10 years  
Leasehold improvements
    


Shorter of the
lease terms or
the estimated
useful lives
 
 
 
 
Others
     2 to 5 years  
Summary of Finite Lived Intangible Assets Useful Lives Amortization of intangible assets with finite lives are computed using the straight-line method over the estimated useful lives as below:
 
    
Estimated useful lives
 
Software
     2 to 10 years  
License of maintenance and overhauls
     26 months  
VPT
     10 years  
VMT
     5 years  
Robotics platform technology
     10 years  
Others
     5 to 10 years