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EV Economy to Create Jobs, Contrary to Existing Fears

Although the electric vehicle (“EV’) sector currently makes up a small percentage of total vehicle sales, it is poised to experience exponential growth over the next couple of decades. Several countries around the world have pledged to cut emissions from vehicular transport by steadily replacing the internal combustion engine (“ICE”) vehicles on their roads with zero-emission electric cars. But as EV startup companies and established automakers prepare their facilities in readiness for ramped-up EV production, there have been increasing fears about low-skilled factory workers losing their jobs.

After all, electric vehicles have fewer components compared to conventional vehicles, and as Volkswagen CEO Herbert Diess predicted two years ago, EVs will require 30% less labor. For the roughly 135,000 Americans who make engines and transmissions, this prediction, coupled with the increased…

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About Green Car Stocks

Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

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