Rise of Electric Cars Threatens to Drain German Growth

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Rise of Electric Cars Threatens to Drain German Growth
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German auto executives worry that the transition away from fuel-powered vehicles threatens jobs and tax revenue in Europe’s automobile heartland

Officials and executives in Germany fear the country’s big car companies and rich ecosystem of suppliers and service providers are insufficiently prepared for the transition, and that their leadership may not be assured in an electric-car world, threatening jobs, tax revenue and even growth.

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