How China’s EV Surge Threatens Jobs in Japan’s Auto Industry!

Toyota’s chairman warns that an electric vehicle (EV) future may mean massive job losses, especially in Japan, where the auto industry is vital to the economy. This shift challenges traditional engine production, putting many at risk as the industry moves toward EVs. Toyota, cautious on full EV adoption, remains invested in alternatives like hydrogen. While global EV sales continue rising, the company claims supply limits could hinder EV-only markets—a point disputed by experts. With competition rising, especially from China, the EV shift could reshape the global auto sector.Buy me a coffee! https://www.paypal.com/paypalme/partsmanagerproGrab a copy of my book:https://partsmanagerpro.gumroad.com/l/qtqax"The Parts Manager Guide" - https://www.amazon.com/Parts-Manager-Guide-Strategies-Maximize-ebook/dp/B09S23HQ1P/ref=sr_1_4?crid=3UZYOGZJUNJ9K&keywords=parts+manager+guide&qid=1644443157&sprefix=parts+manager+guid%2Caps%2C244&sr=8-4Please remember to like, share and leave your comments.Videos are uploaded weekly.Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. No copyright infringement intended. ALL RIGHTS BELONG TO THEIR RESPECTIVE OWNERS*This video is for educational and entertainment purposes only.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-motor-files-podcast--4960744/support.