The electrical transition is likely to jeopardizing hundreds of thousands of jobs in the automotive sector. And we are not just talking about the direct production of vehicles, but also the entire supply chain: a new study by the commercial group CLEPA shows that by around 2040 500,000 jobs among European suppliers could be threatened by the transition from thermal combustion vehicles to 100% electric ones, a rather concrete scenario if the European Union decides to ban the sale of thermal models after 2035.
The loss of around half a million jobs will not be fully offset by a corresponding growth in electric vehicle components: according to CLEPA this would only generate 225,000 new jobs, for a net loss of 275,000 positions. Precisely to prevent this scenario from materializing, the group suggests that we rely on a one-size-fits-all approach mixed technology to achieve the goal set in terms of reducing emissions: not only electricity, therefore, but also hybrid technologies, green hydrogen and renewable fuels just to name a few alternative solutions. According to CLEPA, this approach would still reduce emissions by 50% while maintaining the current level of employment: we recall that today about 1.7 million people work for automotive suppliers in Europe, which means that the any job cuts foreseen by CLEPA would affect almost a third of the entire supply chain.
The study took into account three issues: the impact of different propulsion technologies on the value that suppliers can add, the corresponding effect on jobs and the impact on climate objectives. And if from one point of view it is true that the advantages of electric vehicles are multiple from many points of view, it is equally true that this type of industry is still growing in Europe, with many Gigafactories planned but few currently in operation. That is why accelerating the pace of this transition too much could be fatal for hundreds of thousands of workers.
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