XML 110 R98.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Deposit Paid for Acquisition of Long-term Investments (Details)
¥ in Millions
6 Months Ended
Jun. 30, 2024
USD ($)
Jun. 30, 2024
CNY (¥)
Dec. 31, 2023
USD ($)
Sep. 27, 2023
USD ($)
Sep. 27, 2023
CNY (¥)
Deposit Paid for Acquisition of Long-term Investments [Line Items]          
Purchase cost $ 11,891,968   $ 13,665,499    
Paid amount $ 15,900,000 ¥ 115.8      
Nanjing CBAK [Member]          
Deposit Paid for Acquisition of Long-term Investments [Line Items]          
Purchase cost       $ 35,700,000 ¥ 260.0
Shenzhen BAK Power Battery Co., Ltd. [Member]          
Deposit Paid for Acquisition of Long-term Investments [Line Items]          
Owns individual       5.00% 5.00%
Shenzhen BAK Battery Co., Ltd. [Member]          
Deposit Paid for Acquisition of Long-term Investments [Line Items]          
Equity transfer agreement, description (i) RMB40 million (approximately $5.5 million) due prior to December 31, 2023; (ii) RMB90 million (approximately $12.4 million) due prior to September 30, 2024, and (iii) the remaining Target Equity balance of RMB130 million (approximately $17.8 million) due following SZ BAK’s successful transfer to Nanjing CBAK of the five percent (5%) equity interest in BAK SZ. Upon Nanjing CBAK having paid RMB130 million of the Target Equity, the parties shall work together to complete the registration of equity change with the local governmental authorities.