header banner
WORLD

More than 400,000 German jobs at risk in switch to electric cars: Handelsblatt

BERLIN, Jan 13: The shift to electric vehicles could cost 410,000 jobs in Germany by 2030, daily Handelsblatt reported on Monday, citing government advisers.
alt=
FILE PHOTO: Cars drive through the "Sandkamp Gate" to the Volkswagen factory in Wolfsburg, Germany, September 23, 2015. REUTERS/Axel Schmidt
By Reuters

BERLIN, Jan 13: The shift to electric vehicles could cost 410,000 jobs in Germany by 2030, daily Handelsblatt reported on Monday, citing government advisers.



In engines and transmissions’ production alone, around 88,000 jobs will be at risk, the newspaper said, citing a report by the National Platform for the Future of Mobility (NPM), an advisory council for the government.


Related story

Germany to raise incentives for buying electric cars: climate p...


Electric cars’ engines are made of fewer parts and require less maintenance than combustion engines, which will result in layoffs, the report was quoted as saying.


Vehicle production will be further automated and will not be sufficient to support the current level of jobs, Handelsblatt said, citing NPM’s Chairman Henning Kagermann.


In 2018, employment in the car industry in Germany reached 834,000, its highest since 1991.


Germany’s main automobile industry body (VDA), which in December warned of more job cuts in 2020 due to a drop in global car sales, said NPM’s forecast was based on an “unrealistic extreme scenario”, Handelsblatt quoted a VDA official as saying.


The industry, an important driver of growth in Europe’s largest economy, has been accelerating plans to launch electric vehicles, under pressure from a European Union drive to further cut carbon dioxide emissions.

https://devmyrepublica.nagariknewscdn.com/shared/web/uploads/media/800_20200113145916.jpeg
Related Stories
POLITICS

Dedicated electric feeder to industry with over 10...

44M6wV4zJ1d1HJ2kAHy8I6iojavep76PE5MLomSK-1763408832.webp
ECONOMY

EVs’ prices likely to go up by at least 10 percent...

EVs’ prices likely to go up by at least 10 percent with revised tax rates in budget for FY 2024/25
ECONOMY

Changan Nepal introduces Deepal S07

Changan Nepal introduces Deepal S07
ECONOMY

Nepal witnesses decline in import of EVs: Only 276...

Nepal witnesses decline in import of EVs: Only 276 units imported in Falgun compared to 1100 units in Magh
ECONOMY

Over 1 million plug-in EVs were sold in January al...

Over 1 million plug-in EVs were sold in January alone, with an expected 20 million EVs to be sold this year

Trending

Top Videos

Bold Preety willing to fight for her musical career

Awareness among people on heart diseases has improved in Nepal’

Print still remains the numbers of one platform

Bringing home a gold medal is on my bucket

What is Nepal's roadmap to sage child rights