Emerging Trends

TALENT Emerging Trends

EV Slowdown Reveals Lack of Cross-Training What we are seeing

EV demand uncertainty is prompting some OEMs and suppliers to slow EV and battery production and trim EV-linked headcount. This exposes a structural issue: narrower specialisation makes it hard to redeploy teams toward adjacent spaces, including grid storage, recycling, efficiency and quality improvements. Research shows cross-training builds labour flexibility and is especially valuable under demand uncertainty.

EV Demand Volatility Consumer hesitation, pricing pressure and policy signals shift short-term demand.

Reactive

Proactive

Layoffs & Production Pauses

Flexibility Becomes the Edge

Examples: GM reduced EV/battery output and cut jobs; JV cell plants paused for 6 months.

Cross-training enables redeployment across EV, storage, recycling, quality and digital ops.

During turbulent market conditions, resilient companies will train their workforces to become effective in a variety of product markets.

Source: 1. McKinsey 2. Capgemini

Extracted from the PDF; charts and images may read imperfectly.