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v3.22.1

Concentrations and Credit Risk (Tables) | 12 Months Ended
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Dec. 31, 2021
Risks and Uncertainties [Abstract] |
Schedule of customers net revenue |
|  | Year ended |  |  | Year ended |
Sales of finished goods and raw materials |  | December 31, 2020 |  |  | December 31, 2021 |
Customer A |  | $ | 8,322,504 |  |  |  | 22.15 | % |  | $ | * |  |  |  | * |
Customer B |  |  | 3,806,110 |  |  |  | 10.13 | % |  |  | * |  |  |  | * |
Customer C |  |  | * |  |  |  | * | % |  |  | 6,089,524 |  |  |  | 11.56 | %
Customer D |  |  | * |  |  |  | * | % |  |  | 5,508,616 |  |  |  | 10.46 | %
Zhengzhou BAK Battery Co., Ltd (note 17) |  |  | 12,770,075 |  |  |  | 33.99 | % |  |  | 8,339,088 |  |  |  | 15.83 | %
Schedule of customers net trade receivable |
|  | December 31, 2020 |  |  | December 31, 2021 |
Customer A |  | $ | 3,148,737 |  |  |  | 11.23 | % |  | $ | * |  |  |  | * |
Customer D |  |  | * |  |  |  | * | % |  |  | 14,443,551 |  |  |  | 32.76 | %
Zhengzhou BAK Battery Co., Ltd (note 17) |  |  | 15,258,164 |  |  |  | 54.42 | % |  |  | 14,583,061 |  |  |  | 33.08 | %
Schedule of supplier net purchase |
|  | Year ended December 31, 2020 |  |  | Year ended December 31, 2021 |
Zhejiang Hitrans Lithium Battery Technology Co., Ltd |  | $ | 12,396,483 |  |  |  | 48.90 | % |  | $ | * |  |  |  | * |
Supplier A |  |  | * |  |  |  | * |  |  |  | 6,550,080 |  |  |  | 13.92 | %
Supplier B |  |  | * |  |  |  | * |  |  |  | 5,883,999 |  |  |  | 12.50 | %
Zhengzhou BAK Battery Co., Ltd (note 17) |  |  | * |  |  |  | * |  |  |  | 5,522,832 |  |  |  | 11.74 | %
Shenzhen BAK (note 17) |  |  | 3,884,309 |  |  |  | 15.32 | % |  |  | * |  |  |  | * |
Schedule of supplier trade payable |
|  | December 31, 2020 |  |  | December 31, 2021 |
Zhejiang Hitrans Lithium Battery Technology Co., Ltd |  | $ | 9,272,478 |  |  |  | 47.40 | % |  | $ | * |  |  |  | * |
Supplier A |  |  | * |  |  |  | * |  |  |  | 6,837,722 |  |  |  | 16.94 | %
Supplier B |  |  | * |  |  |  | * |  |  |  | 20,592,979 |  |  |  | 51.03 | %
Supplier C |  |  | 2,017,814 |  |  |  | 10.32 | % |  |  | * |  |  |  | * |

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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
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