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.

Source: News Formal (newsformal.com)

 

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This is what you call concern trolling

Change is a part of business

No shit. You think?🤔🤔

With reason! They have finally come to realize that this dramatic change is forcing them to get (very late) into an arena where they are not the 'powers' they used to be. This is true for all of EU, but more so for Germany (and China is not here in EU, yet).

'Demand is transitioning, should we adapt?' 'No! Talk to the politicians' -Every disrupted company ever

Nothing last forever.

how to cut your own throat with your own knife 101

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