On the afternoon of November 19th, the official Weibo account of Ideal Automotive's legal department released a statement stating:
Recently, Ideal Automobile received a final judgment from the court, which found that the owner of the Weibo account "CyberEv_Saibo" (now renamed "Cyber Electric"), Mr. Yu, had posted multiple Weibo posts implying that Ideal Automobile had engaged in sales fraud through parallel exports, which constitutes defamation and infringement of Ideal Automobile's reputation rights.
The court's final judgment: Yu posted a public apology at the top of his Weibo account homepage, compensating Ideal Automobile for related economic losses and reasonable expenses for rights protection. Due to Mr./Ms.'s failure to voluntarily fulfill the apology obligation during the judgment period, the court has enforced the apology and it has now been published in the newspaper.
At the same time, the legal department of Ideal Automobile declares that Ideal Automobile always adheres to the concept of honest operation, ensuring that all publicly disclosed sales data are true, accurate, and complete, without any exaggeration or false elements, and can objectively reflect our true performance in the market.
The court announcement shows that the defendant posted 8 blog posts through the involved Weibo account "CybarEv_ Cyber", pointing to the plaintiff's Ideal Automobile brand. The blog post involved in the case contains content such as "in order to cover up the lie of my previous monthly order of 40000, I can only release more lies", "actively expanding B-end channels such as second-hand car dealers", "parallel export and second-hand dealer channels", etc.
According to a review by a reporter from Nancai News, as of November 19th, the Weibo account "Cyber Electric" involved in the case has been deleted, and no public apology related content has been found on its homepage. At present, the account has 213000 followers and has received approximately 550000 retweets and likes, certified as an automotive blogger.
It is worth mentioning that in July, Ideal Auto sparked considerable controversy due to its weekly release of the brand's weekly sales ranking. At that time, NIO executives and other new energy vehicle related personnel once shouted to Li Xiang: Don't "roll up" the weekly list.
According to the latest data, in the sales ranking of new car making forces in October, Ideal Automobile ranked first with a delivery volume of 51400 units; Zero Run Motors has become a dark horse this month, surpassing Wanjie and ranking second with a delivery volume of 38200 units.
In addition, brands such as Xiaopeng, Jike, Xiaomi, and Lantu also set a record for the highest monthly delivery in October. Only two brands, Ideal and NIO, experienced a slight decline in sales compared to the previous period, but overall they have stabilized. In the same month, NIO delivered 21000 vehicles.
(Disclaimer: The content of this article is for reference only and does not constitute investment advice. Investors operate based on this and bear the risks themselves.)