EV Auto's threaten 75,000 German Auto Industry Jobs

[David]

https://www.reuters.com/article/us-germany-electromobility-jobs/switch-to-electric-cars-threatens-75000-german-auto-industry-jobs-idUSKCN1J115L

According to Reuters news, EV auto's are more reliable, require less powertrain parts, require less maintenance and depending on how you look at it cleaner for the planet especially when using green sources of power.

The auto industry in Germany accounts for 840,000 jobs of which 210,000 are tied to powertrain production. Electric auto's by germany's own reconning will cost 75,000 jobs by 2030 based on the assumption that 25 percent of auto's will be electric, 15 percent hybrids leaving only 60 percent as petrol / diesel variants. With the governments push to also remove all diesel other than commercial versions of auto's from the roads, this further reduces the complex powertrains of ICE from the road reducing the needs of jobs. 

Germany says a more rapid adoption of jobs could cost the auto industry up to 100,000 jobs by 2030. The job loss is based on the work VW, BMW and Mercedes-benz has done that shows EV auto powertrains only have a sixth of the components when compared to ICE powertrains which means EV auto's can be assembled much faster. EV auto's also take 30 percent less time to assemble. The battery factories only require a fifth of the workforce compared to an ICE plant. EV auto's also better align with robotic automation over ICE powertrain auto's.

What this means is that the need for blue collar workers will further reduce requiring people to get better educated for other forms of work.