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Other Non-Current Liabilities (Tables)
12 Months Ended
Dec. 31, 2024
Other Liabilities, Noncurrent [Abstract]  
Summary of Other non-current liabilities
Other
non-current
liabilities consisted of the following:
 
    
As of December 31,
 
    
2023
    
2024
 
Debt from third party investors
(i)
     1,276,145        1,316,206  
Warranty provisions
(ii)
     789,005        809,437  
Deposits from a third party
(iii)
     148,991        118,310  
Government grants
     122,513        201,823  
  
 
 
    
 
 
 
Total
     2,336,654        2,445,776  
  
 
 
    
 
 
 
(i) The debt from third party investors consisted of the following three financing arran
geme
nts:
Summary of movements of accrued warranty
(ii) Movement of accrued warranty is as following:
 
    
For the Year Ended

December 31,
 
    
2022
   
2023
   
2024
 
Accrued warranty - beginning of the year
     371,140       641,062       1,008,993  
Warranty costs incurred
     (61,551     (228,674     (208,691
Provision for warranty
     331,473       596,605       597,465  
Adjustments to pre-existing warranty liabilities
     —        —        (199,040
  
 
 
   
 
 
   
 
 
 
Accrued warranty - end of
the
year
     641,062       1,008,993       1,198,727  
Less: Current portion of warranty
     (216,260     (219,988     (389,290
  
 
 
   
 
 
   
 
 
 
Non-current
portion of warranty
     424,802       789,005       809,437