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v3.25.4

Property and Equipment, Net - Schedule of Impairment made for Property and Equipment (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2025 | Dec. 31, 2024 | Dec. 31, 2023
Property, Plant and Equipment [Abstract] |  |  |  |  |  |
Balance | $ 3,159 | [1] | $ 3,186 | [1] |  |
Impairment made during the period |  |  |  |  | 3,183 |
Effect of exchange rate differences | (96) |  | (27) |  | 3 |
Balance | $ 3,063 |  | $ 3,159 | [1] | $ 3,186 | [1]
[1] | Accumulated impairment loss of property and equipment was US$3.2 million as of December 31, 2024 and 2023, which was recognized on certain property and equipment associated with vehicle manufacturing.

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- Definition The charge against earnings resulting from the write down of long lived assets other than goodwill due to the difference between the carrying value and lower fair value. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-2 + Details
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