Why Electric Cars Are a Problem for Auto Workers
The United Auto Workers’ strike against GM, Ford and Chrysler-parent company Stellantis came at a pivotal moment. As President Joe Biden pushes the US towards its climate goals through the Inflation Reduction Act, the electric vehicle revolution will transform the market and the role of labor itself. In the face of mounting competition from the likes of Tesla and China, the union and carmakers alike are fighting for their future.
#evs #strike #bloomberg
00:00 Introduction
01:13 How the Detroit Big Three and UAW got here
03:51 The German labor model
05:37 Role of electric vehicles
07:15 2024 presidential election
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