Chinese battery-maker #Sunwoda has agreed to pay 608 million yuan to a #Geely unit to settle a lawsuit regarding defective batteries, significantly reducing its liability from an initial claim that exceeded 2 billion yuan. https://www.caixinglobal.com/2026-02-09/sunwoda-agrees-to-settle-geely-battery-dispute-for-88-million-102412976.html?rkey=4jojc%2BU9Dvsngy8ZDEibRfFL%2FE7ci4pKkD49slnakz8VI%2BsC20rycQ%3D%3D&cxg=web&Sfrom=twitter