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Risks and Concentration (Tables) | 12 Months Ended
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Dec. 31, 2024
Risks and Uncertainties [Abstract] |
Schedule of concentration of customers and suppliers | The following table summarizes customers with greater than 10.0% of the accounts receivable - third parties, net:
| As of December 31,
| 2023 |  | 2024
Customer A, a third party | 42.0 | % |  | 54.1 | %
Customer B, a third party | Less than 10.0% |  | 25.7 | %
Customer C, a third party | 28.6 | % |  | Less than 10.0%
Customer D, a third party | 15.1 | % |  | Less than 10.0%
Customers contributed more than 10.0% of total revenues are as follows:
| Year Ended December 31,
| 2022 |  | 2023 |  | 2024
Geely Group and its subsidiaries | 67.0 | % |  | 78.5 | % |  | 81.8 | %
Customer A, a third party | 12.6 | % |  | Less than 10.0% |  | Less than 10.0%
Customer B, a third party | 12.5 | % |  | Less than 10.0% |  | Less than 10.0%
The following table summarizes suppliers with greater than 10.0% of the accounts payable:
| As of December 31,
| 2023 |  | 2024
Supplier A, a third party | 12.5 | % |  | Less than 10.0%
Supplier B, a third party | 15.7 | % |  | 14.6 | %
Supplier C, a third party | 22.8 | % |  | 28.2 | %
Supplier D, a third party | Less than 10.0% |  | 13.1 | %
Suppliers accounting for more than 10.0% of total purchases are as follows:
| Year Ended December 31,
| 2022 |  | 2023 |  | 2024
Supplier A, a third party | 12.7 | % |  | 12.1 | % |  | Less than 10.0%
Supplier B, a third party | 17.4 | % |  | 20.2 | % |  | 17.3 | %
Supplier C, a third party | Less than 10.0% |  | 15.4 | % |  | 21.8 | %
Supplier D, a third party | Less than 10.0% |  | Less than 10.0% |  | 12.2 | %

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