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Daimler Boss Says Company Will Shrink During Next Five Years | Carscoops
Daimler's shift to electric and autonomous vehicles will also result in job losses
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Daimler Boss Says Company Will Shrink During Next Five Years
Moving forward from internal combustion engine vehicles will also result in job losses, seen as how it takes less time and effort to build an electric car than a conventional gasoline or diesel one.
In fact, an electric car’s battery and motor have just 200 components, as opposed to a combustion engine drivetrain (transmission included), which features at least 1,400 parts, according to analysts at ING.