This Country Will Lose 4 Lakh Jobs Due To Electric Cars: Are Electric Cars The Biggest Disruption Of 2020?
Electric cars have a lot of pros, no doubt, but here is a downside we never saw coming – more than 400,000 employees are looking right in the face of unemployment by the year 2030.
The news does come as a shock, especially at a time when the Government is pushing for the citizens to use electric vehicles.
How do electric vehicles account for so much unemployment? Let’s find out!
German Industry To Undergo Job Loss Of More That 4 Lakh Jobs
As reported by daily Handelsblatt, which is a daily newspaper in Germany, if people started shifting to electric vehicles, there will be a loss of about 410,000 jobs in Germany by the year 2030. The report states that of these 410,000 jobs, around 88,000 jobs would be from engines and transmissions’ production only.
Handelsblatt has said that this job loss has been reported by government advisers.
The newspaper has credited this information to a report penned by the National Platform for the Future of Mobility (NPM), an advisory council for the government.
How Does A Shift To Electric Vehicles Result In A Job Loss? Here Are The Answers
In this report, the NPM’s Chairman Henning Kagermann says that there will be a lot of automation in vehicle production. This automation and advancement in technology is not good enough to provide for the jobs that are supported right now.
The engines on electric cars are made of a lot lesser parts and the maintenance needed on it is comparatively lot lesser than the ones run on conventional fuels. This will, in turn, result in layoffs as well.
Apparently, in 2018, the employment in the car industry of Germany was the highest since 1991, when it reached 834,000. The main automobile industry body (VDA) has said that the predictions by NPM were based on an “unrealistic extreme scenario”. VDA had also said in December that there will be more job cuts in 2020 due to a fall in car sales across the globe.