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Contract liabilities | 12 Months Ended
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Dec. 31, 2024
Contract with Customer, Liability [Abstract] |
Contract liabilities | Contract liabilities Contract liabilities consisted of the following:
| As of December 31,
| 2023 |  | 2024
| RMB |  | RMB
Current liabilities – third parties | 621 |  |  | 6,357 |
Current liabilities – related parties | 207,017 |  |  | 150,452 |
Non-current liabilities – third parties | 2 |  |  | 20 |
Non-current liabilities – related parties | 133,993 |  |  | 37,324 |
Contract liabilities, current and non-current | 341,633 |  |  | 194,153 |
Contract liabilities primarily relate to upfront non-refundable payments from the Group’s customers for the purchase of connectivity services and automotive computing platform products in advance of transfer of control of the products or services under the contract. Amounts that are expected to be recognized as revenues within one-year are included as current contract liabilities while the remaining balance recognized as non-current contract liabilities. The amount of revenue recognized that was included in the contract liabilities balance at the beginning of the year was RMB321,215 and RMB181,140 for the years ended December 31, 2023 and 2024, respectively. As of December 31, 2023 and 2024, the aggregated amounts of the transaction price allocated to the remaining performance obligation under the Group’s existing contracts are RMB341,633 and RMB194,153, respectively. As of December 31, 2024, revenue expected to be recognized in the future related to the unsatisfied performance obligations is as follows:
Year ending December 31, |  | Amount
2025 |  | 156,809 |
2026 |  | 36,835 |
2027 |  | 322 |
2028 |  | 187 |
The Group has elected the practical expedient not to disclose the information about remaining performance obligations which are part of contracts that have an original duration of one year or less. Revenue information Revenues are disaggregated as follow: Major products/services lines:
| Year ended December 31,
| 2022 |  | 2023 |  | 2024
| RMB |  | RMB |  | RMB
Sales of goods revenues | 2,433,964 |  |  | 3,311,507 |  |  | 4,405,485 |
Automotive computing platform | 1,690,569 |  |  | 2,733,964 |  |  | 3,867,356 |
SoC Core Modules | 660,554 |  |  | 496,939 |  |  | 532,946 |
Automotive merchandise and other products | 82,841 |  |  | 80,604 |  |  | 5,183 |
Software license revenues | 404,469 |  |  | 444,830 |  |  | 305,985 |
Service revenues | 723,561 |  |  | 943,336 |  |  | 849,796 |
Automotive computing Platform – Design and development service | 468,770 |  |  | 677,651 |  |  | 565,855 |
Connectivity service | 212,738 |  |  | 221,631 |  |  | 246,139 |
Other services | 42,053 |  |  | 44,054 |  |  | 37,802 |
Total revenues | 3,561,994 |  |  | 4,699,673 |  |  | 5,561,266 |
Timing of revenue recognition:
| Year ended December 31,
| 2022 |  | 2023 |  | 2024
| RMB |  | RMB |  | RMB
Point in time | 3,349,256 |  |  | 4,478,042 |  |  | 5,315,127 |
Over time | 212,738 |  |  | 221,631 |  |  | 246,139 |
Total revenues | 3,561,994 |  |  | 4,699,673 |  |  | 5,561,266 |
For the years ended December 31, 2022, 2023 and 2024, 98.1%, 98.2% and 97.6% of the Group’s revenues were generated in the PRC.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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