| Property and Equipment, Net |
6.PROPERTY AND EQUIPMENT, NET Property and equipment consisted of the following:
|
|
|
|
|
|
|
|
|
|
|
As of December 31, |
|
|
|
2024 |
|
|
2025 |
|
|
|
US$ |
|
|
US$ |
|
Machinery and equipment |
|
|
345,721 |
|
|
|
356,946 |
|
EV Chargers |
|
|
737,191 |
|
|
|
1,845,556 |
|
Office and electronic equipment |
|
|
540,133 |
|
|
|
665,570 |
|
Software |
|
|
18,347 |
|
|
|
18,764 |
|
Leasehold improvement |
|
|
633,569 |
|
|
|
782,207 |
|
Vehicle |
|
|
78,681 |
|
|
- |
|
Constructions in progress |
|
|
165,327 |
|
|
|
192,436 |
|
Property and Equipment |
|
|
2,518,969 |
|
|
|
3,861,479 |
|
Less: Accumulated depreciation |
|
|
(1,549,762 |
) |
|
|
(1,889,083 |
) |
Property and Equipment, net |
|
|
969,207 |
|
|
|
1,972,396 |
|
Depreciation expense on property and equipment was allocated to the following expense items:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Years Ended December 31, |
|
|
|
2023 |
|
|
2024 |
|
|
2025 |
|
|
|
US$ |
|
|
US$ |
|
|
US$ |
|
Cost of revenues |
|
|
73,829 |
|
|
|
36,026 |
|
|
|
56,472 |
|
Selling and marketing expenses |
|
|
13,295 |
|
|
|
76,649 |
|
|
|
2,496 |
|
Research and development expenses |
|
|
11,024 |
|
|
|
35,171 |
|
|
|
39,093 |
|
General and administrative expenses |
|
|
75,139 |
|
|
|
58,091 |
|
|
|
177,191 |
|
Total depreciation expense |
|
|
173,287 |
|
|
|
205,937 |
|
|
|
275,252 |
|
|