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EVs are dividing dealers.

Ford says half of its dealers in the US, or around 1,550, are opting to sell electric and hybrid vehicles in 2024. That’s down from around two-thirds of dealers that said they would sell EVs about a year ago.

GM found the same for its Buick dealers, 50 percent of whom are opting out of the brand’s decision to go all-electric. Money is playing a role, with GM telling its dealers they would need to commit to spend upwards $400,000 to prepare their stores to sell and service EVs. Chevy dealers aren’t being offered buyouts, meaning they’re stuck trying to sell the not-exactly-stellar-sounding Chevy Blazer EV.