The global automotive industry experienced a 2% drop in new job postings related to electric vehicles in Q1 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 2% decrease versus Q1 2023. GlobalData’s Automotive: Hiring Trends & Signals Q1 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the automotive industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Architecture and Engineering Occupations jobs accounted for a 12% share of the global automotive industry’s electric vehicles-related total new job postings in Q1 2024, down 28% over the prior quarter.
Architecture and Engineering Occupations drive electric vehicles-related hiring activity
Architecture and Engineering Occupations, with a share of 12%, emerged as the top electric vehicles-related job roles within the automotive industry in Q1 2024, with new job postings drop by 28% quarter-on-quarter. Computer and Mathematical Occupations came in second with a share of 10% in Q1 2024, with new job postings dropping by 19% over the previous quarter.
The other prominent electric vehicles roles include Management Occupations with a 9% share in Q1 2024, Installation, Maintenance, and Repair Occupations with a 8% share of new job postings.
Top five companies in automotive industry accounted for 36% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q1 2024 were Tesla, Zhejiang Geely Holding Group, Hero MotoCorp, Ford Motor, and J.B. Poindexter. Together they accounted for a combined share of 36% of all electric vehicles-related new jobs in the automotive industry.
Tesla posted 465 electric vehicles-related new jobs in Q1 2024, Zhejiang Geely Holding Group 303 jobs, Hero MotoCorp 250 jobs, Ford Motor 215 jobs, and J.B. Poindexter 190 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 46.75% share of total new job postings, Q1 2024
The largest share of electric vehicles-related new job postings in the automotive industry in Q1 2024 was in the US with 46.75% followed by the UK (10.43%) and India (9.85%). The share represented by the US was one percentage point higher than the 45.76% share it accounted for in Q4 2023.
For further understanding of GlobalData's Automotive: Hiring Trends & Signals Q1 2024, buy the report here.
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GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
