A Chinese blogger has made a high-profile apology and paid a hefty fine to electric vehicle manufacturer BYD after being found guilty of defamation. The blogger had made a series of posts on social media accusing BYD of producing subpar electric vehicles and misleading investors. The allegations, which went viral in China, sent BYD's stock prices plummeting. The fine and apology are seen as a major victory for BYD, which has struggled to shake off the negative publicity and maintain investor confidence in its products.
Chinese blogger apologizes, pays fine to BYD for defamation driving.ca
