Volkswagen Group Confirms EVs Remain Less Profitable Than Gas Cars

The Volkswagen Group acknowledged that rising electric vehicle sales are squeezing profit margins, as battery-electric models continue to yield lower returns than their gas-powered counterparts. High battery production costs and intense pricing competition have delayed profitability parity between powertrains. The automaker anticipates these margin headwinds will persist until next-generation architectures and standardized battery cells achieve broader scale.