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The electric vehicle industry is cutting staff faster than smoke.
More than 30,000 workers have lost their positions at electric-vehicle makers and related industries worldwide over the past year, according to a Rest of World analysis of layoff announcements. The dismissals, which make up anything between 1% and 40% of the total workforce of the companies, span from Detroit giant General Motors to Indian upstart Ola, signaling trouble across the entire electric mobility ecosystem that…
