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PROPERTY AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

7. PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net consisted of the following:

 

   2026   2025 
   As of 
   June 30,   December 31, 
   2026   2025 
Production line for e-bicycles  $1,276,700   $1,202,605 
Furniture, fixtures and office equipment   74,914    58,395 
Vehicles   134,854    117,258 
Property and equipment, gross   1,486,468    1,378,258 
Less: accumulated depreciation   (380,284)   (280,847)
Property and equipment, net  $1,106,184   $1,097,411 

 

For the six months ended June 30, 2026 and 2025, depreciation expense amounted to 89,800 and $49,011, respectively.