Will the EV transition cost more auto jobs than it creates?
As the North American auto industry’s transition toward electric vehicles shifts into higher gear, amid a subsidy war whose long-term consequences remain unknown, there are big questions about whether the move to EVs will eliminate more jobs than it creates.
North American automakers currently produce relatively few EVs in a market dominated by Tesla. That is set to change over the next few years as General Motors, Ford and Stellantis embark on plans to roll out dozens of new electric models they hope will entice North American consumers. The announcement comes after Stellantis in February closed a Jeep assembly plant in Belvidere, Ill., laying off 1,200 workers. Ford and GM have also cut jobs through voluntary buyouts this year as they seek to free up capital to finance the transition to EVs.
“Unifor considers the shift to electric vehicle production in Canada a net positive for the auto industry. New EV product mandates will help retain direct jobs for thousands of production and trades workers as assembly plants retool and, in some cases, create new jobs in existing locations,” Unifor national president Lana Payne said in an e-mailed statement.
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