The union predicts electric powered automobiles could eliminate 70 per cent of Hyundai’s present manufacturing work opportunities.
Hyundai’s union is evidently predicting a likely work disaster as Common Motors’ Korean division threatens individual bankruptcy and electric cars loom more than the horizon.
GM earlier this year introduced options to near a manufacturing facility in South Korea. The firm is now pressuring its union to negotiate a new deal to cut down labor expenditures at its remaining a few factories.
Talking to Reuters in a the latest interview, Hyundai union main Ha Bu-youthful states personnel at his corporation are “emotion a sense of crisis” as GM winds down its regional operations. The labor chief is additional concerned about the long term, on the other hand, as electrical vehicles are predicted to extend automobile lifecycles and lower preliminary output labor prerequisites.
“Electric automobiles are disasters. They are evil,” he claimed. “We are very anxious.”
The union predicts that Hyundai could lose 70 % of its producing work in an era dominated by electric powered cars.