Energy

Germany’s move to EVs to affect thousands of workers, new study says

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The underbody of an ID.3. electric vehicle being worked on at a Volkswagen facility in Dresden, Germany, on January 29, 2021.

Matthias Rietschel | picture alliance | Getty Images

The shift to electric vehicles could affect thousands of workers in Germany over the coming years, the Munich-based Ifo Institute said Thursday.

The Ifo’s study, which was undertaken on behalf of the German Association of the Automotive Industry, illustrates some of the potential challenges ahead as governments attempt to phase out diesel and gasoline vehicles in favor of low and zero emission ones. 

In a statement issued alongside the report’s release, the research institution said an estimated 75,000 production…



Source cnbc.com

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