Laid-off autoworkers encouraged to join Europe’s booming bicycle industry

EurActiv ^ | 12-16-2022 | Sean Goulding Carroll

[Olog-hai]

As the automotive sector braces for job losses in the wake of increased competition and the end of the combustion engine, bicycle manufacturers are encouraging redundant workers to enter the growing cycling industry.

Europe’s auto industry faces an uncertain future as competition from Chinese carmakers intensifies, and factories jettison decades of internal combustion engine knowledge to focus on zero-emission vehicles.

Some 3.4 million people are employed across the EU by the car industry, both directly and indirectly.

Internal combustion engines require hundreds of components, involving a broad supply chain of companies.

But according to CLEPA, a Brussels-based body representing automotive suppliers, a complete shift to electric vehicles could leave more than 500,000 employees in Europe out of work by 2040, or around 84% of the current combustion engines workforce.

While EV production will create new jobs, the net loss is expected to reach 275,000 autoworkers by 2040.

Amidst the predicted job losses, the bicycle manufacturing sector is positioning itself as an unlikely life-raft for out-of-work auto employees. …

[PeterPrinciple]

I think I would invest in bicycle theft recovery...........

[bagster]

[Berlin_Freeper]

You invent bs like always.

But for real you are a bitter divorced Qtard whose wife left him for a normal man.

[Berlin_Freeper]