Loss Executives Association

Geely Unit Sues Battery Firm Sunwoda for $330M Over Alleged Defects

December 29, 2025

Vremt, a subsidiary of Chinese automaker Zhejiang Geely Holding Group Co., is suing battery maker Sunwoda Electronic Co. for at least 2.31 billion yuan ($330 million) over alleged product defects. The lawsuit, filed in the eastern Chinese city of Ningbo, …

Read the full article →

Share:

More Posts

California Taking Action Against State Farm Over LA Wildfire Claims

The California Department of Insurance is taking action against State Farm over an investigation that reportedly shows the carrier has been mishandling insurance claims from

Trump Says US to Start Guiding Trapped Ships Through Hormuz

Hundreds of tankers, bulk carriers and cargo ships are still languishing in the Gulf, and countries in the region have shuttered significant oil production. Read

FEMA Tells Court It’s Offering Jobs to Employees Let Go in January

An attorney representing the Trump administration informed a U.S. District Court Friday evening that the Federal Emergency Management Agency has begun offering new appointments to

Send Us A Message