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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. By some estimates , upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition. million jobs” in the Japanese auto industry.

Market 90
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Driving the VW e-Golf; strategy, assembly in Wolfsburg, Braunschweig battery plant

Green Car Congress

Now, however, given all the market drivers facing the auto industry (regulations, fossil fuel availability, societal changes, etc.), As the number two OEM in the automobile business in the world, it only makes sense for us if we see a certain volume behind it. So we won’t just jump into any technology only to be the first.

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