BYD first-quarter earnings jump as electric vehicles gain momentum
April 27, 2015 at 08:30 AM EDT
BEIJING/HONG KONG, April 27 (Reuters) - Chinese automaker BYD Co Ltd posted a 910 percent rise in net profit for the first quarter, in a reversal of last year's shrinking trend as sales gained momentum of "new energy" vehicles (NEVs) such as electric cars and hybrids.