The Limited Times

Now you can see non-English news...

Automotive: 500,000 jobs threatened in Europe by all-electric

2021-12-06T19:22:59.840Z


Faced with the rise of electric vehicles, hundreds of thousands of jobs could disappear by 2040, according to a study carried out by PwC Strategy.


European automotive suppliers and suppliers are sounding the alarm: the industry's electrification policy could destroy up to 500,000 jobs by 2040, according to a study entrusted to PwC Strategy by the European Association of Automotive Suppliers ( Clepa).

This highlights the risks of an exclusively electric vehicle approach to the jobs of hundreds of thousands of people,

” said Clepa General Secretary Sigrid de Vries.

Read also

Electric vehicles: an accelerated change fraught with threats to employment

The energy transition could also create jobs in the fields of software, manufacturing and assembly of battery elements, the study qualifies.

The loss of jobs would then be contained at 275,000 jobs.

"

But this presupposes the creation of a competitive European battery industry against Asian champions, and new activities will not necessarily be located in the same regions, or the same companies,

" notes the Brussels-based association, which brings together 3,000 companies - including Valeo, Bosch, Faurecia, ZF, etc. - including hundreds of SMEs which employ a total of 5 million people.

"A regulatory framework open to all available solutions"

These companies engaged in the electrification of automotive powertrains are calling for "

a regulatory framework open to all available solutions, such as the use of hybrid technologies, green hydrogen and sustainable renewable fuels

".

Read also

How the French automotive industry is meeting the electric challenge

In July, the European Commission proposed draft legislation which plans to reduce CO2 emissions from new cars in the EU to zero from 2035. This would effectively stop sales of gasoline and diesel vehicles in this country. date - including hybrid and plug-in hybrid versions - in favor of only 100% electric engines.

Source: lefigaro

All business articles on 2021-12-06

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.