This may include adverts from us and 3rd parties based on our understanding. European auto suppliers have suggested a number of warnings about the costs of a transition to emissions-free technology. The European Commission has vowed to eliminate 100 percent of CO2 emissions from new cars by 2035.
A ban would be put in place that prevents the sale of fossil fuel powered vehicles. There are more than 130 countries who are aiming to reach net-zero emissions by the year 2050. These countries include the UK, France, Denmark and New Zealand. A poll of almost 100 companies for the European Association of Automotive Suppliers, Clepa, found that more than two-thirds of the 501,000 jobs under threat would disappear in the five years to come.
The survey also found that 226,000 jobs would be created with the need for the manufacturing of electric parts. The net number of job losses will increase to about 275,000 over the next few decades, according to the increase in jobs. The transition to cleaner transport is easier in the future, according to Clepa, which represents more than 3,000 automotive suppliers. Sigrid de Vries, the organisation's secretary-general, said: Society's needs are far too diverse for a one-fits-all approach. READ MORE: The EU just gave itself a sledge hammer with new law giving it huge power.