Suppliers

EV transition could cost 500,000 jobs, supplier group says

ZF Saarbruecken
A ZF Friedrichshafen transmission factory in Saarbruecken, Germany. 
December 06, 2021 09:31 AM

PARIS -- The transition to electric vehicles from internal combustion powertrains could mean the loss of up to 500,000 jobs at automotive suppliers in the EU by 2040, according to a new study by the industry trade group CLEPA.

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