Vremt
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Sunwoda, Geely unit settle $330 million battery quality lawsuit
Sunwoda expects the impact on its 2025 net income to range from RMB 500 million ($72 million) to RMB 800 million.
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Sunwoda sued by Geely unit over battery cell issues, faces $330 million claim
Geely subsidiary Vremt alleges Sunwoda EVB supplied defective battery cells between June 2021 and December 2023, causing financial losses.
