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Business Combination (Tables)
3 Months Ended
Mar. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Bargain Purchase Gain From Proterra Acquisition

 

      
Inventories.  $60,051 
Right-of-use assets   2,663 
Property and equipment   4,238 
Battery lease receivable   6,400 
Lease liabilities   (2,663)
Warranty liabilities   (14,994)
Deferred tax liabilities   (12,787)
Identifiable net assets acquired (a)   42,908 
Less: Fair value of the consideration transferred (b)   10,000 
Gain on bargain purchase (b-a)  $32,908 
Schedule of Revenue and Earnings

The following information presents the revenue and earnings from Proterra transit bus business and Proterra battery lease receivables included in the Group’s condensed consolidated financial statements for the three months ended March 31, 2024:

 

   From Proterra
acquisition
 
   Three months
ended
 
   March 31, 2024 
   (Unaudited) 
Revenues  $8,979 
Net income  $24,572