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Pledged deposits (Tables)
 6 Months Ended
Jun. 30, 2021
Pledged Deposits [Abstract]  
Schedule of pledged deposits
   December 31,   June 30, 
   2020   2021 
Pledged deposits with banks for:        
Bills payable  $8,791,499   $19,065,551 
Others*   198,249    5,125 
   $8,989,748   $19,070,676 

 

* In November 2019, CBAK Suzhou received notice from Court of Suzhou city that Suzhou Industrial Park Security Service Co., Ltd (“Suzhou Security”) filed a lawsuit against CBAK Suzhou for the failure to pay pursuant to the terms of the sales contract. Suzhou Security sought a total amount of $21,321 (RMB139,713), including services expenses amount of $21,198 (RMB138,908) and interest of $123 (RMB805). Upon the request of Suzhou Security for property preservation, the Court of Suzhou froze CBAK Suzhou’s bank deposits totaling $0.02 million (RMB150,000) for a period of one year. As of June 30, 2021, $5,125 (RMB33,099) was frozen by bank and the Company had accrued the service cost of $21,507 (RMB138,908).