Di Yi Cai Jing·2025-12-27 04:56Core Viewpoint - The lawsuit filed by Weirui Power against Xiwanda Power for over 2.3 billion yuan highlights significant quality issues with battery cells supplied from June 2021 to December 2023, which could impact Xiwanda's financial performance and reputation in the electric vehicle battery market [1][2]. Group 1: Lawsuit Details - Weirui Power is suing Xiwanda Power for over 2.3 billion yuan due to quality issues with battery cells delivered during the specified period [1]. - Weirui Power, established in 2017, is primarily owned by Geely-related companies, with its major shareholder being Zeekr Automotive [1]. - The collaboration between Geely and Xiwanda Power began in 2021, focusing on supplying battery cells for the PMA platform project [1]. Group 2: Product Issues - The Zeekr 001, which utilizes Xiwanda battery cells, has faced complaints from users regarding slow charging speeds and inaccurate battery level readings [1]. - In December 2024, Zeekr announced a battery health monitoring initiative, revealing that some Zeekr 001 WE86 models exhibited charging speed issues and abnormal battery capacity degradation [2]. - Although the battery issues did not meet warranty replacement standards, Zeekr offered free battery replacements to affected users, leading to speculation that Xiwanda batteries were being replaced with those from CATL [2]. Group 3: Financial Implications - The total net profit attributable to shareholders for Xiwanda in 2023 and 2024 is reported to be 2.544 billion yuan, which is nearly equivalent to the amount being claimed in the lawsuit [2]. - Xiwanda has stated that the lawsuit has not yet gone to trial, and the outcome remains uncertain, making it difficult to assess the impact on current or future profits [2]. - The company is actively seeking a reasonable resolution to the lawsuit and is enhancing communication with relevant parties [2].