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Loans (Tables) | 9 Months Ended
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Sep. 30, 2019
Loans [Abstract] |
Schedule of debt |
|  | December 31, |  |  | September 30, |
|  | 2018 |  |  | 2019 |
Current maturities of long-term bank loans |  | $ | 3,659,324 |  |  | $ | 10,562,506 |
Long-term bank borrowings |  |  | 20,614,194 |  |  |  | 9,388,894 |
|  | $ | 24,273,518 |  |  | $ | 19,951,400 |
Schedule of facilities secured by the company's assets |
|  | December 31, |  |  | September 30, |
|  | 2018 |  |  | 2019 |
Pledged deposits (note 2) |  | $ | 16,014,118 |  |  | $ | 6,994,110 |
Prepaid land use rights (note 9) |  |  | 7,446,117 |  |  |  | 7,046,437 |
Buildings |  |  | 17,501,902 |  |  |  | 19,164,628 |
Machinery and equipment |  |  | 10,206,100 |  |  |  | 8,297,861 |
Bills receivable (note 3) |  |  | 6,353,342 |  |  |  | - |
|  | $ | 57,521,579 |  |  | $ | 41,503,036 |
Schedule of advance from related parties |
|  |  |  |  | December 31, |  |  | September 30, |
|  | Note |  |  | 2018 |  |  | 2019 |
Advance from related parties |  |  |  |  |  |  |  |  |
– Tianjin BAK New Energy Research Institute Co., Ltd ("Tianjin New Energy") |  |  | (a) |  |  | $ | 11,095,070 |  |  | $ | - |
– Mr. Xiangqian Li, the Company's Former CEO |  |  | (b) |  |  |  | 100,000 |  |  |  | 100,000 |
– Mr. Yunfei Li |  |  | (c) |  |  |  | 116,307 |  |  |  | 403,274 |
– Shareholders |  |  | (d) |  |  |  | 2,035,381 |  |  |  | 1,024,434 |
|  |  |  |  |  |  | 13,346,758 |  |  |  | 1,527,708 |
Advances from unrelated third party |  |  |  |  |  |  |  |  |  |  |  |
– Mr. Wenwu Yu |  |  | (e) |  |  |  | 146,813 |  |  |  | 29,351 |
– Mr. Longqian Peng |  |  | (e) |  |  |  | 654,230 |  |  |  | 629,470 |
– Mr. Shulin Yu. |  |  | (g) |  |  |  | - |  |  |  | 503,576 |
– Jilin Province Trust Co. Ltd |  |  | (f) |  |  |  | - |  |  |  | 5,539,335 |
– Suzhou Zhengyuanwei Needle Ce Co., Ltd |  |  | (e) |  |  |  | - |  |  |  | 69,941 |
|  |  |  |  |  |  | 801,043 |  |  |  | 6,771,673 |
|  |  |  |  |  | $ | 14,147,801 |  |  | $ | 8,299,381 |
| (a) | The Company received advances from Tianjin New Energy, a related company under the control of Mr. Xiangqian Li, the Company's former CEO, which was unsecured, non-interest bearing and repayable on demand. On November 1, 2016, Mr. Xiangqian Li ceased to be a shareholder but remained as a general manager of Tianjin New Energy. On January 7, 2019, each of Mr. Dawei Li and Mr. Yunfei Li (the Company's CEO) entered into an agreement with CBAK Power and Tianjin New Energy whereby Tianjin New Energy assigned its rights to loans to CBAK Power of approximately $3.5 million (RMB23,980,950) and $1.7 million (RMB11,647,890) (collectively $5.2 million, the "First Debt") to Mr. Dawei Li and Mr. Yunfei Li, respectively. On January 7, 2019, the Company entered into a cancellation agreement (note 1) with Mr. Dawei Li and Mr. Yunfei Li (the creditors). Pursuant to the terms of the cancellation agreement, Mr. Dawei Li and Mr. Yunfei Li agreed to cancel the First Debt in exchange for 3,431,373 and 1,666,667 shares of common stock of the Company, respectively, at an exchange price of $1.02 per share. Upon receipt of the shares, the creditors will release the Company from any claims, demands and other obligations relating to the First Debt. The cancellation agreement contains customary representations and warranties of the creditors. The creditors do not have registration rights with respect to the shares.
|  | On April 26, 2019, each of Mr. Jun Lang, Ms. Jing Shi and Asia EVK Energy Auto Limited ("Asia EVK") entered into an agreement with CBAK Power and Tianjin New Energy whereby Tianjin New Energy assigned its rights to loans to CBAK Power of approximately $0.3 million (RMB2,225,082), $0.1 million (RMB 912,204) and $5.2 million (RMB35,406,036) (collectively $5.7 million, the "Second Debt") to Mr. Jun Lang, Ms. Jing Shi and Asia EVK, respectively. On April 26, 2019, the Company entered into a cancellation agreement (note 1) with Mr. Jun Lang, Ms. Jing Shi and Asia EVK (the creditors). Pursuant to the terms of the cancellation agreement, the creditors agreed to cancel the Second Debt in exchange for 300,534, 123,208 and 4,782,163 shares of common stock of the Company, respectively, at an exchange price of $1.1 per share. Upon receipt of the shares, the creditors will release the Company from any claims, demands and other obligations relating to the Second Debt. The cancellation agreement contains customary representations and warranties of the creditors. The creditors do not have registration rights with respect to the shares.
| (b) | Advances from Mr. Xiangqian Li, the Company's former CEO, was unsecured, non-interest bearing and repayable on demand.
| (c) | Advances from Mr. Yunfei Li, the Company's CEO, was unsecured, non-interest bearing and repayable on demand.
| (d) | The earnest money paid by certain shareholders in relation to share purchase (note 1) were unsecured, non-interest bearing and repayable on demand. On October 14, 2019, the Company entered into a cancellation agreement with Mr. Shangdong Liu, Ms. Lijuan Wang and Mr. Ping Shen (the creditors). Pursuant to the terms of the cancellation agreement, Mr. Shangdong Liu, Ms. Lijuan Wang and Mr. Ping Shen agreed to convert the earnest money in exchange for 528,053, 528,053 and 528,053 shares of common stock of the Company, respectively, at an exchange price of $0.6 per share. Upon receipt of the shares, the creditors will release the Company from any claims, demands and other obligations relating to the earnest money. The cancellation agreement contains customary representations and warranties of the creditors. The creditors do not have registration rights with respect to the shares. Up to the date of this report, earnest money of $84,425 remained outstanding.
| (e) | Advances from unrelated third parties were unsecured, non-interest bearing and repayable on demand.
| (f) | In January 2019, the Company obtained one-year term facilities from Jilin Province Trust Co. Ltd. with a maximum amount of RMB40.0 million (approximately $5.6 million), which was secured by land use rights and buildings of Eodos Liga Energy Co., Ltd. Under the facilities, the Company borrowed RMB16.4 million ($2.3 million), RMB15.4 million ($2.2 million), RMB6.6 million ($0.9 million) and RMB1.2 million ($0.2 million) on February 1, 2019, February 22, 2019, March 8, 2019 and March 21, 2019 respectively, bearing annual interest from 11.3% to 11.6%.
| (g) | On June 25, 2019, the Company entered into a loan agreement with Mr. Shulin Yu, an unrelated party, to loan RMB3.6 million (approximately $0.5 million) for a term of one year, bearing annual interest of 10% which was guaranteed by Mr. Yunfei Li (the Company's CEO) and Mr. Wenwu Wang (the Company's former CFO). As of September 30, 2019, the Company borrowed RMB3.6 million (approximately $0.5 million).

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