"Electric Vehicles Pose Threat to Slovakia's Car Industry, Risking Job Losses"

1 min read
Source: Bloomberg
"Electric Vehicles Pose Threat to Slovakia's Car Industry, Risking Job Losses"
Photo: Bloomberg
TL;DR Summary

Slovakia, known for being one of the world's largest car producers, is facing a threat to its successful car industry as the transition to electric vehicles jeopardizes its vast supply chain. The town of Dolny Kubin in northern Slovakia, home to investors such as Austrian auto parts maker Miba AG, reflects the challenges posed by this transition, putting the future of the country's car industry at risk.

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