So is the case with PRTM, who released today their 90-page long study called the Electrification Roadmap. The punchline of the comprehensive study? By 2020, the electric vehicle manufacturing sector, together with its related fields, will generate some 1,000,000 jobs worldwide by 2020.
"The anticipated measures relating to electric vehicles will clearly fuel jobs growth in the US and abroad over the next decade," Oliver Hazimeh, director at PRTM said according to just-auto.com.
"Job creation is clearly essential to economic recovery, and public/private partnerships across the EV value chain will assist in creating these new jobs. Many of them will be desirable, high tech jobs."
The same study estimates that there will be at least 14 million electric vehicles on US roads by 2020 and that EVs could account for 75 percent of all light-duty miles driven by 2040.
"Moreover, we believe that the worldwide tipping point in EV acceptance, whereby EVs become the dominant direction in the auto sector, will likely occur in the next few years," Hazimeh added.
"This means that the EV industry will probably serve as an accelerator for the scaling of the entire 'clean tech' sector worldwide, given the inherent size of the automotive industry."
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