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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

Electric vehicles require new or re-tooled factories , each requiring thousands of employees. Former Volkswagen CEO Herbert Diess said, for example, that he expected by 2030 that software “will account for half of our development costs.” VW, like every other automaker, wants to control those costs.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

“While the Volt holds promise, it is currently projected to be much more expensive than its gasoline-fueled peers and will likely need substantial reductions in manufacturing cost in order to become commercially viable,” the task force noted in its recent assessment of GM’s restructuring plans. and Chrysler. Whatever B.C.G.’s

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