On January 13th, Red Space broke the news, citing insiders with knowledge of the situation, that a domestic start-up specializing in new energy commercial vehicles is currently embroiled in a significant operational crisis. The company has not paid its employees' salaries for almost two months, and has embarked on a path of layoffs and organizational restructuring. More alarmingly, its co-founder is planning to lead the departure of the core team. This incident has garnered widespread attention at a pivotal moment when a number of emerging players in the new energy commercial vehicle sector are striving to go public. It has had a profound impact on the company's workforce, management, investors, as well as local industrial investment funds.
