German Car Industry Transformation Could Cost 186000 Jobs By 2035

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German car industry transformation could cost 186,000 jobs by 2035, study finds
German car industry transformation could cost 186,000 jobs by 2035, study finds from

German Car Industry Transformation Could Cost 186,000 Jobs by 2035

Study: Transition to EVs and Digitalization Will Lead to Job Losses

A new study by the Center for Automotive Research (CAR) at the University of Duisburg-Essen has found that the transformation of the German car industry towards electric vehicles (EVs) and digitalization could lead to the loss of up to 186,000 jobs by 2035.

The study, which was commissioned by the German trade union IG Metall, looked at the impact of the transition on employment in the German automotive industry, which currently employs around 830,000 people.

The study found that the transition to EVs will lead to job losses in the production of traditional internal combustion engine (ICE) vehicles, as well as in the supply chain for ICE components.

Key Findings of the Study

Government and Industry Must Take Action to Mitigate Impact

The study recommends that the German government and industry take steps to mitigate the impact of the transition on workers. These steps include:

The transition to EVs is a major challenge for the German car industry, but it is also an opportunity to create new jobs and industries.

With the right policies and investments, the German government and industry can help to ensure that the transition is a success for both workers and the economy.