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J.D. Power: ICE vehicles are three times more profitable than EVs for retailers 

Aidan Bush

LAS VEGAS — EVs have become less profitable than gas vehicles for retailers, and more costly to manufacturers, following the expiration of federal tax credits.  Retailers profit $740 on average per EV they sell, according to a J.D. Power presentation at J.D. Power Auto Summit 2026 on Feb. 3. By comparison, dealers profit $2,400 on average per ICE vehicle.  “Said […]

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