China's EV firm BYD sees Q3 net profit as much as doubling

China's EV firm BYD sees Q3 net profit as much as doubling

FILE PHOTO: People stand next to BYD Company vehicles, at the 2023 IAA Mobility auto show, in Munich, Germany, September 10, 2023. REUTERS/Angelika Warmuth/File Photo

Chinese electric vehicle giant BYD on Tuesday said it expects third-quarter net profit to as much as double thanks to robust sales and effective cost control.