The Roadblocks To Transitioning To More Electric Vehicles

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The Roadblocks To Transitioning To More Electric Vehicles
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Any way you tackle this challenge to reach 50% EV sales by 2030, a focus on work-based learning, reskilling, upskilling, and lifelong learning makes sense.

Tesla is the biggest player – holding around 7o% of the EV market in sales in the US over the past three years. However, most other manufacturers have plans for new vehicles in the planning or production phase. This is the space race. Volvo aims for half of their sales to be electric by 2025 globally and the other half to consist of hybrid models. All up, the US has more than 200 manufacturing facilities that make parts and technology for hybrid and electric cars.

But the Bureau of Labor Statistics has a slightly different slant. It reported in August that there were 923,300 people employed in manufacturing motor vehicles and parts, with 1,980,300 in motor vehicle retail trade and parts deals and another 1,253,000 working in automobile dealers. That’s a sizable total workforce of almost 4.15 million. All areas saw strong growth in the 12 months to November.

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