Sailun/Borui/BYTON are all reported to have issues with unpaid employee salaries.

Recently, netizens revealed that the management team of Seres Automobile collectively resigned, owing salaries to employees, and even the factory assets have been sealed.

Prior to this, an internal email sent by Seres Automobile CEO, Xiaolin Wang, to employees was also exposed online. In the email, he stated “I and the company’s management team have repeatedly and repeatedly communicated with the state-owned shareholder to ensure the payment of employee salaries. However, more than half a month has passed, and we have not received a response from the state-owned shareholder.”

In addition to Seres, two other well-known domestic car companies have also disclosed related information.

It is said that from May 2019, Borgward Auto has been frequently owing salaries to employees, supplier payments, difficulty in financing and disguised layoffs. There are also reports of factories being disconnected due to unpaid fees and employee salaries being owed in BYTON.

The epidemic has added to the difficulties facing new car-making forces, and those who are unable to move forward are being eliminated on the track of new energy vehicles.

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.