Chris Bryant, Columnist

VW's Electric Redemption

Success will hinge on cutting costs and defending prices.
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Volkswagen's plan is both bold and commendable. In an attempt to put the diesel scandal behind it, the company plans to sell as many as 3 million electric cars a year by 2025, about a quarter of the total.

But the electric target also risks blowing a hole in the German carmaker's profits -- unless it can find big costs savings elsewhere. Those look tricky.