25, the announcement of Longzhou Stock Company showed that Dongguan Zhongqi Hongyuan Automobile Co., Ltd., its holding Sun Company, had experienced power battery failures or abnormal attenuation due to the delivery of electric buses sold to the outside world in 2018 for less than three years, which led to a large area of vehicle outage.
Recently, it has been sued by two major bus companies in Dongguan, Guangdong Province, with claims amounting to 431 million yuan.
It is worth noting that, in fact, the failure caused by the same problem is far more than that. Historical data show that 1196 pure electric buses sold by China Automobile Hongyuan.
Due to the same power battery failure, 938 vehicles have been shut down, with a failure rate of 78.4%.
Longzhou shares said it would urge Zhongqi Hongyuan to claim compensation from micro-macro power, a battery supplier.
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