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Supplier CEO Suggests EVs May Hurt Automotive Jobs

Conti boss says that some losses will be offset by new positions.

by on Dec.30, 2016

As companies like VW focus more resources on EVs, it will cost some folks their jobs working on combustion-powered vehicles.

Many automakers have been pushing to make big strides in their electric vehicle programs and no automaker has been more successful to this point with EVs than Tesla.

There are plenty of upsides to electric vehicles, but they have their sticking points: limited range and, in some cases, charging times that make them impractical for day-to-day use. However, there is another side to EVs that can also be detrimental that is coming to light.

Industry News!

As many automakers are bolstering the EV operations, especially Volkswagen AG, which points out it expects to have 30 new EVs out in the marketplace be 2025, some believe the move will transform the industry. That transformation make come with a cost. (more…)