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EU Push For EVs Will Cost Germany 200,000 Jobs By 2035

EU Push For EVs Will Cost Germany 200,000 Jobs By 2035

Industry experts criticize the European plan to end internal combustion engine vehicles.

A report published by the German Economic Institute warned that the EU's plans to ban the sale of new internal combustion engine (ICE) vehicles by 2035 could cost Germany up to 200,000 jobs. The report found that the ban would lead to a decline in production of ICE vehicles and a corresponding increase in production of electric vehicles (EVs). However, the study also found that the transition to EVs would create new jobs in the EV sector, but not enough to offset the losses in the ICE sector.

Critics of the EU's ban on ICE vehicles argue that it is unrealistic and will harm the German economy.

The German Association of the Automotive Industry (VDA) has warned that the ban will lead to job losses and damage the German economy. The VDA has called on the EU to reconsider the ban and to allow ICE vehicles to continue to be sold after 2035. The VDA has also argued that the EU's ban is unrealistic and that it will not be possible to meet the demand for EVs by 2035.

The EU has defended its plan to ban ICE vehicles, arguing that it is necessary to reduce emissions and combat climate change. The EU has also argued that the ban will help to create jobs in the EV sector. However, critics of the ban argue that the EU is underestimating the number of jobs that will be lost in the ICE sector and that the ban will harm the German economy.