Electric Vehicle Companies On Hiring Spree Amid Massive Global Layoffs Wave

EV Sector Prospects: Right now the discussion of Global Layoffs is going on all over the world. Thousands of people are losing their jobs every month. Companies of almost all sectors are troubled by this strike of retrenchment, but even in such a situation, there is one sector, which is showing rays of hope. This sector is still unaffected by this terrible phase of retrenchment and even the companies in this sector are making new recruitments.

Fast growing EV market

We are talking about the fast emerging electric vehicle sector. The changing energy needs and costlier conventional fuels have given a boost to the electric vehicle market. Governments of all countries around the world are also promoting electric vehicles. In India, the FAME scheme is being run by the Central Government for this, on the other hand, the State Governments are also offering subsidies to waiver of fees. All these factors together are making the electric vehicle market attractive and its prospects bright.

preparation for the future

Due to increasing demand in this sector of future traffic, companies are emphasizing on hiring. Talking about the Indian EV market, EV companies like Hero Electric, MG Motor, Simple Energy, Yulu Bikes are looking for qualified candidates for various specialty positions. At present, there is a demand for posts like EV Technicians, Battery Recycling Experts, Software Developers in the EV market, apart from these people are also needed in manufacturing and engineering. Looking at the possibilities of the future, EV companies are not only hiring now, but are also focusing on preparing talent for the times to come in collaboration with educational institutions.

These factors are accelerating growth

An ET report quoting India Energy Storage Alliance states that the EV industry can grow at a compound annual rate of 36 per cent. People themselves are also preferring electric vehicles instead of conventional fuels. Along with this, factors like policy focus, government incentives like subsidies, improvements in infrastructure including charging are accelerating the growth of the EV industry.

Such is the atmosphere of recruitment

According to ET’s report, Hero Electric is hiring for EV design, battery management systems, IOTA, manufacturing, supply chain, charging infrastructure, software development and service mechanics. At the same time, Simple Energy is preparing to hire 1,500 people in the next financial year. It has been claimed in the news that 6 out of every 10 companies in the EV sector are planning to do hiring during the next six months.

Also read: Earning opportunities in the market this week, do you have these shares?

How To Check Which App Is Tracking Your Location In iPhone And How To Turn It Off

How to turn off location access in iPhone: Privacy is gradually decreasing in our life today. Everything is available in ...
Read More

LIC ADO Mains Result 2023 Declared For All Regions See Direct Link Here At Licindia.in

LIC ADO Mains Result 2023 Declared For All Regions: The result of LIC ADO Main Exam 2023 has been declared ...
Read More

IPL 2023 Chennai Super Kings Last Over Ravindra Jadeja Six For CSK Vs GT Ahmedabad

IPL 2023 CSK Vs GT Final Last Over Ravindra Jadeja: Chennai Super Kings defeated Gujarat Titans by 5 wickets in ...
Read More

IPL 2023 MS Dhoni not ready to retire CSK will come next season 5th time champion

MS Dhoni Retirement CSK Vs GT Final IPL 2023: Chennai Super Kings, captained by Mahendra Singh Dhoni, won the IPL ...
Read More

India Top List Of Cheapest Manufacturing Costs 2023 Countries

Manufacturing Cost in India: India is achieving new feat every day in the manufacturing sector. By leaving countries like China, ...
Read More

WhatsApp Business Will Soon Get Status Archive Feature One Can Save Status Up To 30days

WhatsApp Status Archive Feature: Soon a new feature is going to be given to the users on Meta WhatsApp Business ...
Read More

Jharkhand Board 12th Result 2023 JAC Arts And Commerce Result 2023 May Release Today 30 May At 2.30 Pm

JAC 12th Result 2023 Date And Time: The wait for Jharkhand Board 12th Arts and Commerce students may end soon ...
Read More

UpGrad Abroad Plans To Add 500 Members In The Next Three Months New Jobs On Board Soon

UpGrad Abroad Hiring Plan: At present, companies all over the world are either doing layoffs or cutting down on the ...
Read More

IPL 2023 MS Dhoni Celebration With Ravindra Jadeja Chennai Super Kings Champion

MS Dhoni Chennai Super Kings Champion IPL 2023: Chennai Super Kings became champions for the fifth time by winning the ...
Read More

Leave a Comment