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Segment Information
 3 Months Ended
Mar. 31, 2017
Segment Information [Text Block]
21.

Segment Information

   
 

The Company used to engage in one business segment, the manufacture, commercialization and distribution of a wide variety of standard and customized lithium ion rechargeable batteries for use in a wide array of applications. The Company manufactured five types of Li-ion rechargeable batteries: aluminum-case cell, battery pack, cylindrical cell, lithium polymer cell and high-power lithium battery cell. The Company’s products are sold to packing plants operated by third parties primarily for use in mobile phones and other electronic devices.
   
 

After the disposal of BAK International and its subsidiaries (see Note 1), the Company focused on producing high-power lithium battery cells. Net revenues for the three months ended March 31, 2016 and 2017 were as follows:
   
 

Net revenues by product:


 

 

   Three months ended March 31,  
 

 

   2016     2017  
 

High power lithium batteries used in:

            
 

Electric vehicles

 $ 2,742,955   $ 3,257,772  
 

Light electric vehicles

   53,367     141,360  
 

Uninterruptable supplies

   402,591     317,012  
 

 

 $ 3,198,913   $ 3,716,144  

Net revenues by geographic area:

 

 

   Three months ended March 31,  
 

 

   2016     2017  
 

PRC Mainland

 $ 2,771,540   $ 3,407,323  
 

Europe

   251,206     121,468  
 

PRC Taiwan

   176,058     84,811  
 

Israel

   -     102,542  
 

Others

   109     -  
 

 

 $ 3,198,913   $ 3,716,144  

Substantially all of the Company’s long-lived assets are located in the PRC.