ifo Institute study projects ban on combustion engines in 2030 would affect 600K jobs in German manufacturing

By mmillikin In Germany, legislation banning permits for new cars and light trucks with internal combustion engines as of 2030 is currently under consideration. A new study by the ifo Institute projects that such a ban could lead to significant losses in terms of jobs and added value in Germany. More than 600,000 jobs, or 10%, of jobs in German in manufacturing would currently be directly or indirectly affected by a ban. In the automotive industry alone a ban would endanger 436,000 jobs, while up to 130,000 jobs at small and medium-sized companies would be at risk.

Such a ban would also impact

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