The growing adoption of electric vehicles (EVs) is expected to cost Germany’s key auto industry about 75,000 jobs by 2030, a study released Tuesday shows, with parts suppliers set to suffer the most. The adoption of EVs will lessen the importance of petrol- and diesel-fuelled cars, an industry where German carmakers have built a reputation for decades and which currently employs about 840,000 people, with 210,000 of them working on powertrain production (basically engines and transmissions components), said the IG Metal union, which commissioned the study along with BMW, Volkswagen, Daimler and a string of suppliers. Germany’s car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit. The figures in the study, carried out by the Fraunhofer Institute of Industrial Engineering , were calculated on the assumption that by 2030, a quarter of all vehicles on […]