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ifo Institut für Wirtschaftsforschung e.V. Poschingerstr. 5 81679 München, Germany http://www.ifo.de
Contact Mr Eckehart Rotter +49 30 897842120
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ifo Institut für Wirtschaftsforschung e.V.

Banning Combustion Engines Is the Wrong Line to Take

Over 600,000 of jobs in manufacturing and 13 percent of industrial value creation in Germany currently depend on combustion technology, according to a new study by the ifo Institute

(PresseBox) (Berlin, )
A ban on combustion engines as of 2030 could lead to significant losses in terms of jobs and added value in Germany. Over 600,000 of jobs in manufacturing would currently be directly or indirectly affected by a ban, which represents 10 percent of jobs in German manufacturing. In the automotive industry alone a ban would endanger 436,000 jobs, while up to 130,000 jobs at small and medium-sized companies would be at risk.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.