Auto

Biggest change in Auto Industry!

In the next 20 years, UBS predicts that an increasingly large amount of new cars will be electric. By 2025, they predict that about half of all cars sold globally will be electric and by 2030 it is expected to reach nearly 100%. Harley Shaiken from UC Berkeley said “This is probably the biggest change in the one hundred plus year history of this industry.”

The future of employment across the car industry looks bleak, as automakers are transitioning to EV technology and jobs will be lost. An expert predicts that tens of thousands of jobs could vanish from this transition alone. Automakers need fewer employees for electric cars versus those who work on internal combustion engines, 30% – 40%. 

Advertisement

That means a lot less workers in factories all around the country when we say goodbye to gas powered vehicles entirely.

Haiken warns about what he sees coming soon: “The impact is going to ripple through our economy and society.”

Advertisement

Farwa Bilal

Briefly introducing myself as a SEO Writer with extensive experience in research, and creative writing. Writing SEO optimized content for driving maximum audience to the website with no plagiarized content. Worked on niches such as Tech, beauty, fashion, cars, media, lifestyle etc.

Leave a Reply

Your email address will not be published.

Read More
Back to top button

Ad Blocker Detector

Please consider supporting us by disabling your ad blocker