ATL Awarded RMB 9.9 Million in Patent Infringement Ruling

CosMX has been ordered to pay RMB 9.9 million in damages to its rival Amperex Technology Limited (ATL) in a patent infringement case, as per a recent ruling by the Fujian High People’s Court.

The ruling, disclosed in an recent announcement by CosMX  regarding litigation progress, also requires CosMX to halt the manufacturing and selling of battery cells related to the disputed patent and to bear litigation costs of RMB 52,600. In response, CosMX confirmed that it would continue to monitor the case’s progress and is preparing to appeal the decision.                                 

                                                                                                              Source. China IP