New battery: "The battery's capacity is significantly reduced."

Solution 1:

Cabling can’t really affect the capacity of a battery, so reworking that won’t help.

You’re left with:

  • the battery is working just as it left the retailer
  • the battery was damaged during the install
  • the battery was damaged during shipment
  • the logic board has failed

The os clearly indicates you need service. The service tech that sees your Mac might cover follow on questions like:

  • What sort of support and warranty did the vendor provide?
  • Did the battery you replaced have the identical capacity and warning?