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Summary of Significant Accounting Policies (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Summary of Significant Accounting Policies [Abstract]    
Schedule of Estimated Useful Lives Estimated useful lives are as follows:

Category

 

Estimated
useful lives

Electronic equipment

 

5 years

Vehicles

 

5 years

Production facilities

 

10 years

Battery and charging swap infrastructure

 

5 years

Furniture

 

5 years

Leasehold improvement

 

5 years

Estimated useful lives are as follows:

Category

 

Estimated
useful lives

Electronic equipment

 

5 years

Vehicles

 

5 years

Production facilities

 

10 years

Battery and charging swap infrastructure

 

5 years

Furniture

 

5 years

Schedule of Fair Value Measurements of Liabilities

The following table details the fair value measurements of liabilities that were measured at fair value on a recurring basis based on the following three-tiered fair value hierarchy per ASC 820, Fair Value Measurement, as of June 30, 2025 and December 31, 2024.

 

Fair Value Measurement using

   

Level 1

 

Level 2

 

Level 3

 

Total fair 
value

Warrant liabilities:

 

 

   

 

   

 

   

 

 

As of June 30, 2025

 

$

97

 

 

 

 

 

 

97

As of December 31, 2024

 

$

52

 

$

 

$

 

$

52

The following table details the fair value measurements of liabilities that were measured at fair value on a recurring basis based on the following three-tiered fair value hierarchy per ASC 820, Fair Value Measurement, as of December 31, 2024 and 2023.

 

Fair Value Measurement using

   

Level 1

 

Level 2

 

Level 3

 

Total fair
value

Warrant liabilities:

 

 

   

 

   

 

   

 

 

As of December 31, 2024

 

$

52

 

$

 

$

 

$

52

As of December 31, 2023

 

$

288

 

$

 

$

 

$

288

Schedule of Changes for Warrant Liabilities Measured at Fair Value The changes for warrant liabilities measured at fair value are as follows:
 

Private 
Warrants

 

Representative 
Warrants

Fair value as of December 31, 2024

 

11

 

41

Change in fair value

 

9

 

36

Fair value as of June 30, 2025

 

20

 

77

The changes for warrant liabilities measured at fair value are as follows:
 

Private
Warrants

 

Representative
Warrants

Fair value as of December 31, 2021

 

$

 

 

$

 

Acquired from the Business Combination

 

 

62

 

 

 

200

 

Change in fair value

 

 

39

 

 

 

199

 

Fair value as of December 31, 2022

 

$

101

 

 

$

399

 

Change in fair value

 

 

(43

)

 

 

(169

)

Fair value as of December 31, 2023

 

$

58

 

 

$

230

 

Change in fair value

 

 

(47

)

 

 

(189

)

Fair value as of December 31, 2024

 

$

11

 

 

$

41

 

Schedule of Reversal of Expected Credit Losses

For the six months ended June 30, 2025, reversal of expected credit losses made by the Group were shown as follows:

 

For the six months ended 
June 30,

   

2025

 

2024

Allowance for expected credit losses for accounts receivable, current

 

$

19

 

 

$

Reversal of expected credit losses for amounts due from related parties

 

 

(1,068

)

 

 

Total

 

$

(1,049

)

 

$

 
Schedule of Currency Exchange Rates of Consolidated Financial Statements

The following table outlines the currency exchange rates that were used in creating the unaudited condensed consolidated financial statements:

 

As of 
June 30,
2025

 

As of 
December 31
2024

Balance sheet items, except for equity accounts

 
 

US$ against RMB

 

7.1636

 

7.2993

 

US$ against AED

 

3.6726

 

3.6726

Items in the statements of operations and comprehensive loss, and statements of
cash flows

 

For the six months ended 
June 30,

2025

 

2024

 

US$ against RMB

 

7.2526

 

7.2150

 

US$ against AED

 

3.6728

 

3.6725

The following table outlines the currency exchange rates that were used in creating the consolidated financial statements:

 

As of
December 31,

Balance sheet items, except for equity accounts

 

2024

 

2023

US$

against RMB

 

7.2993

 

7.0999

US$

against AED

 

3.6726

 

3.6738

Items in the statements of operations and comprehensive loss,
and statements of cash flows

 

For the years ended December 31,

2024

 

2023

 

2022

US$

against RMB

 

7.1957

 

7.0809

 

6.7290

US$

against AED

 

3.6726

 

3.6843

 

3.6709

Schedule of Disaggregation of Groups Long-Lived Assets by Geographic Area The following table sets forth the disaggregation of the Groups long-lived assets by geographic area:
 

As of

   

June 30, 
2025

 

December 31, 
2024

   

(Unaudited)

   

The United States

 

$

116

 

$

151

The United Arab Emirates

 

 

1,847

 

 

6,125

Mainland China

 

 

2,059

 

 

2,637

Total

 

$

4,022

 

$

8,913

The following table sets forth the disaggregation of the Groups long-lived assets by geographic area:
 

As of December 31,

   

2024

 

2023

The United States

 

$

151

 

$

71,141

The United Arab Emirates

 

 

6,125

 

 

8,602

Mainland China

 

 

2,637

 

 

3,637

Total

 

$

8,913

 

$

83,380

Schedule of Estimated Useful Lives of Intangible Assets   Intangible assets are amortized using the straight-line approach over the estimated economic useful lives of the assets as follows:

Category

 

Estimated
useful lives

Software

 

2 years

Trademark

 

10 years

Schedule of Allowance for Expected Credit Losses  

For the years ended December 31, 2024, 2023 and 2022, allowance for expected credit losses made by the Group were shown as follows:

 

For the years ended December 31,

   

2024

 

2023

 

2022

Allowance for expected credit losses for accounts receivable, current

 

$

1,493

 

$

3,937

 

$

Allowance for expected credit losses for advance to suppliers

 

 

649

 

 

42,478

 

 

Allowance for expected credit losses for prepaid expenses and other current assets

 

 

3,016

 

 

20,187

 

 

Allowance for expected credit losses for amounts due from related parties

 

 

60,495

 

 

15,000

 

 

Allowance for expected credit losses for accounts receivable, non-current

 

 

 

 

3,829

 

 

Total

 

$

65,653

 

$

85,431

 

$