Switch to electric cars would cost Germany 114,000 jobs, study shows

Switch to electric cars would cost Germany 114,000 jobs, study shows

A transition to e-mobility would cost Germany around 114,000 jobs in the long term, according to a study released Wednesday.

The car-building sector in particular would be affected, with 83,000 positions struck off, the Institute for Employment Research (IAB) found.

According to the report made know to Oil and Gas Republic, more than 800,000 people are employed in the automotive industry in Germany at present.

The production of electric motors is less labour intensive than it is for conventional combustion motors, IAB noted, and as such, requires fewer workers.

A switch to electric motors would mainly affect skilled labourers, but could impact both higher and lower qualified employees, the study’s authors found.

The authors used the assumption that electric cars would hold a 23-per-cent market share by 2035.

IAB is the research institute of Germany’s Federal Employment Agency.

Click on the Next Button to Continue Reading
Oil and Gas Republic, an international publication covering Renewable Energy, Power & Electricity, Mining, Aviation, Oil & Gas Industry. For editorial inquiries, please email us at: oilandgasrepublic@gmail.com

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.