Germany’s federal government wants 7 to 10 million electric vehicles to be registered in the country by the end of this decade.
The shift to electric vehicles could affect thousands of workers in Germany over the coming years, the Munich-based Ifo Institute reported Thursday.
The Ifo’s study, which was undertaken on behalf of the German Association of the Automotive Industry, highlights some of the potential challenges ahead as governments around the globe attempt to phase out diesel and gasoline vehicles in favor of low and zero emission ones.
The research institution said an estimated 75,000 production workers in Germany’s autos sector would retire by the middle of this decade.
“But if by 2025 the production of cars powered by combustion engines declines to the extent foreseen under current emissions regulations, then the switch to electric motors will affect at least 178,000 employees,” it added.
Germany’s federal government wants 7 to 10 million electric vehicles to be registered in the country by the end of this decade. Reuters, citing Germany’s road-traffic regulator, reported in January that battery-electric vehicle sales were over 194,000 in 2020, a three-fold rise.