Investigating the Employment Implications of Transitioning from Internal Combustion Engine Vehicle to Electric Vehicle
摘要
The Indian automotive industry is going through massive changes brought about by the transitions from Internal Combustion Engine vehicles (ICE) to electric vehicles (EVs). This paper will take a look at the effects on employment due to this transition. The primary data has been gathered from the survey conducted online containing stakeholders who are directly affected by this paradigm change. The responses reflected 54% of the respondents who are between 45 and 55 of the age brackets are more open to EVs due to their environmental and financial preparedness. However, most of them wanted training of special skills related to EV, such as battery management and electronic systems. The secondary data analysis allowed for the estimation of the net job creation at 14.39%, much lower in the EV sector in comparison with the workforce needed for ICE production. However, 26.93% of ICE-specific jobs are eliminated completely, such as some of those relating to the camshaft and cylinder pistons. However, 40.59% of the new jobs will require advanced technological skills. Nearly 20.66% of the existing skills are not changing, but 38% of them will require upskilling/reskilling. This double nature of the transition means that, while it disrupts traditional structures of employment, it creates all-new opportunities for whole jobs and skills development methods. On the other hand, preparedness for re-training among employees is high. There will be a strategic way in place that engages policy makers, agents, and industrial partnerships to ensure maximum benefits accruing from it and no negative impact thereof. Investment in training programs and supportive infrastructure policy settings are important for a smooth and inclusive transition into EV technology. It provides direction for workforce development that emphasizes a coordinated approach in direction giving, seizing opportunities, protecting livelihoods, and pursuing sustained economic growth.