Volkswagen CFO: EVs Still Less Profitable Than ICE Vehicles

May 8, 2026 – Volkswagen Group’s Chief Financial Officer (CFO), Arno Antlitz, recently revealed during an earnings call that the profit margins of electric vehicles (EVs) still lag significantly behind those of internal combustion engine (ICE) vehicles. He emphasized that true profitability parity between EVs and ICE vehicles may only be achieved once the next-generation…

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