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A Quick Switch to Electric Vehicles Would be ‘The Suicide of the German Car Industry’

The Verge

The debate about the future of cars – diesel or electric – is emotional for many Germans, as the auto industry and its dependent companies employ 1.8 million people, hundreds of thousands of whom work directly with internal combustion engines.

New carbon emission limits and pending bans on diesel and gasoline cars in major markets threaten their livelihoods. German cars are big business, bringing in almost $500 billion annually. And a successful switch to electromobility will cost 114,000 jobs in Germany by 2035, according to predictions from the Institute for Employment Research.

Read the article at The Verge.

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