Jobs, tax, and politics: three ways electric vehicles will change our world

Jobs, tax, and politics: three ways electric vehicles will change our world

“China, the world’s largest car market, is working on a timetable to stop the production and sale of vehicles powered by fossil fuels. India has declared its intention to make all new vehicles electric by 2030.

Like Britain and France, these two markets are looking to phase out the sale of petrol and diesel vehicles over the next 20 years or so.

Vehicle manufacturers, the oil industry, and governments are starting to wake up to the disruption that vehicle electrification could bring about.

Even automakers recognise that they cannot afford to be legislated out of these lucrative markets.

Volvo, Jaguar and Land Rover, Volkswagen, Mercedes, Audi, and BMW have all promised to roll out electric models over the next decade.

Electro-mobility now seems inevitable, but the impact this shift will have on jobs, the oil economy, and even national tax systems will be profound…”

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https://qz.com/1097719/jobs-tax-and-politics-three-ways-electric-vehicles-will-change-our-world/

https://qz.com/1097719/jobs-tax-and-politics-three-ways-electric-vehicles-will-change-our-world/