欣旺达突遭天价索赔，市值蒸发47亿元，涉极氪001 WE 86车型

Core Viewpoint - XINWANGDA (300207.SZ) experienced a significant stock price drop of 11.39% on December 29, following a lawsuit from its former partner, Weirui Electric Vehicle Technology (Ningbo) Co., Ltd., claiming damages of approximately 2.314 billion yuan due to alleged quality issues with battery cells supplied by XINWANGDA [2][3][4]. Group 1: Company Background and Financial Impact - XINWANGDA was selected as a designated supplier for Weirui's PMA platform project in April 2021, providing battery cells for various electric vehicle brands under Geely, including Zeekr and smart [4][5]. - In 2021, XINWANGDA's revenue from power batteries reached 2.933 billion yuan, a 584.67% increase from 2020's 428 million yuan [4]. - Following the lawsuit announcement, XINWANGDA's market capitalization dropped by over 60 billion yuan, reducing its total market value to 487 billion yuan [3][4]. Group 2: Legal and Market Reactions - The lawsuit claims that battery cells delivered by XINWANGDA from June 2021 to 2023 had quality issues, leading to significant losses for Weirui [5][10]. - Legal experts noted that while lawsuits over battery quality are not uncommon, claims involving such high amounts are rare, indicating potential for increased disputes as electric vehicle sales rise [2][6]. - On December 30, XINWANGDA's stock price showed a slight recovery, closing at 27.19 yuan per share, with a market capitalization of 502 billion yuan [2][4]. Group 3: Industry Context and Implications - The lawsuit highlights a growing trend of quality disputes between automakers and battery suppliers, although high-value claims remain infrequent [6][10]. - The impact of the lawsuit extends beyond financial implications, potentially affecting customer trust, supply qualifications, and brand reputation in the competitive electric vehicle market [10].