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VW targets higher profit as EV costs, uncertainty weigh

VW's diesel-emission scandal caused a fundamental crisis but it also became a catalyst for the transformation of the automaker, VW COO Ralf Brandstaetter said -- setting the stage for the company's bold plans to pass Tesla as the electric car leader.
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BYD profit triples as EV boom continues

BYD posted a first half net profit of 1.45 billion yuan ($205.29 million), up from 479.10 million yuan a year earlier, behind a 95 percent jump in sales of new-energy vehicles, even as demand for the company's gasoline models dropped.
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