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Thousands Of Traditional Automakers Will Lose Jobs to The Technological Shift in the EV Industry

A big threat to Traditional Automakers’ jobs is the technological shift in the EV Industry.

Traditional automakers are making a big bet on electric vehicles. The automakers are about to lose jobs with changing technology and manufacturing processes for EV production. The upfront costs of shifting production from combustion engines to electric motors and batteries are incredibly high, as is the cost of developing a new car with no established …

A big threat to Traditional Automakers’ jobs is the technological shift in the EV Industry. Read More »