From:Internet Info Agency 2026-02-07 20:41:00
On February 6, Geely-affiliated companies and battery manufacturer Sunwoda (300207.SZ) reached a settlement regarding a prior lawsuit. The original claim amounted to RMB 2.314 billion; after negotiations, Sunwoda will ultimately pay RMB 608 million, significantly easing its financial pressure. Sunwoda is a leading domestic battery supplier, with its subsidiary Sunwoda EV Battery Co., Ltd. specializing in traction batteries. According to data from the China Automotive Battery Industry Innovation Alliance, Sunwoda ranked sixth nationwide in traction battery installations in 2025, with a market share of 3.17%. This settlement not only alleviates Sunwoda's burden but also opens the door for future collaboration between the two parties.

Zeekr Owner's Cross-Border Drive Triggers In-Car Security Lockdown, Smart Features Restricted
Nissan Launches High-Performance Leaf NISMO Starting at ¥274,000 with Up to 560 km Range
Lotus Emira Performance Debut; Lynk & Co 07 GT Launches Under ¥160,000 as New Models Flood Market
Harmony Intelligent Mobility's Zhijie R9 SUV Spotted in Spy Shots
June ICE Vehicle Sales Rebound as Camry and Lavida Return to Top 10, Market Polarization Deepens
Chery Announces Shift to Brand and Tech Upgrades After Hitting 20 Million Sales
NHTSA Rejects Petition to Investigate Tesla Model 3 Emergency Door Release Defect