07/12/2021 (Agence Europe) – The electrification of mobility poses a significant risk to employment, warns a study published on Monday 6 December by CLEPA, the liaison committee of the automotive equipment and parts industry. The association forecasts a net loss of 275,000 jobs (-43%) in the motor vehicle industry by 2040. More than 500,000 jobs are expected to become obsolete by 2035 in this particular segment of the automotive sector. Of these half a million jobs, 70% (359,000) will most likely be lost in just 5 years, from 2030 to 2035, a limited timeframe to manage “considerable” social and economic impacts, the organisation says. For the latter, there are other technological solutions, such as alternative fuels, which can maintain many jobs while meeting climate targets. To consult the study: https://bit.ly/3dpjjiu (PH)