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Long-Term Investments, Net (Tables)
3 Months Ended
Mar. 31, 2024
Long-Term Investments, Net (Tables) [Line Items]  
Schedule of Investments Long-term investments as of December 31, 2023 and March 31, 2024 consisted of the following:
   December 31,
2023
   March 31,
2024
 
Investments in equity method investees  $1,926,611   $1,875,035 
Investments in non-marketable equity   638,394    627,502 
   $2,565,005   $2,502,537 

 

Schedule of Carrying Value of the Long-Term Investments The following is the carrying value of the long-term investments:
   December 31,
2023
  

March 31,
2024

 
   Carrying
Amount
   Economic Interest  

Carrying

Amount

   Economic Interest 
Investments in equity method investees                
Guangxi Guiwu CBAK New Energy Technology Co., Ltd (a)  $254,475    20%  $231,431    20%
Zhejiang Shengyang Renewable Resources Technology Co., Ltd. (b)   1,672,136    26%   1,643,604    26%
   $1,926,611        $1,875,035      
                     
Investments in non-marketable equity                    
Hunan DJY Technology Co., Ltd  $638,394        $627,502      
Nanjing CBAK Education For Industry Technology Co., Ltd   
-
         
-
      
   $638,394        $627,502      
Schedule of Investments in Non-Marketable Equity Investments in non-marketable equity
   December 31,
2023
   March 31,
2024
 
Cost  $1,268,124   $1,246,486 
Impairment   (629,730)   (618,984)
Carrying amount  $638,394   $627,502 
Guangxi Guiwu CBAK New Energy [Member]  
Long-Term Investments, Net (Tables) [Line Items]  
Schedule of Investments Investments in Guangxi Guiwu CBAK New Energy Technology Co., Ltd
Balance as of January 1, 2023  $289,473 
Loss from investment   (27,428)
Foreign exchange adjustment   (7,570)
Balance as of December 31, 2023   254,475 
Loss from investment   (18,824)
Foreign exchange adjustment   (4,220)
Balance as of March 31, 2024  $231,431 
Investments in Zhejiang Shengyang Renewable Resources Technology Co., Ltd.
Balance as of January 1, 2023  $
-
 
Investments made   4,044,175 
Loss from investment   (2,366,080)
Foreign exchange adjustment   (5,959)
Balance as of December 31, 2023   1,672,136 
Loss from investment   
-
 
Foreign exchange adjustment   (28,532)
Balance as of March 31, 2024  $1,643,604