Volkswagen is feeling more bullish about the coming years.
On Tuesday (July 13) the German giant said it was raising its long-term profit target.
It now expects a return on sales for 2025 of 8-9%, up from the 7-8% previously targeted.
The hike comes as VW grows more confident about managing the shift to electric and self-driving vehicles.
It now expects half of all its sales to be battery-powered by 2030.
Making that change will require massive spending.
But after reporting blow-out first-half earnings last week, VW is confident it can fund planned investment totalling 150 billion euros - or about $178 billion.
The firm says it will be helped by synergies across its wide portfolio of brands - from budget-focused Seat and Skoda, to upmarket Porsche and Audi.
VW said last month that it would stop selling gas-guzzlers in Europe by 2035.
But one other target comes much sooner.
It aims to overtake Tesla as the world's biggest maker of EVs by 2025.