Berkshire Hathaway Fully Exits BYD Stake After 15-Year Investment
Hong Kong – Warren Buffett’s berkshire Hathaway has wholly divested its holdings in Chinese electric vehicle manufacturer BYD, marking the end of a 15-year investment that yielded substantial returns. The sale comes amid increasing concerns about BYD’s ability to maintain its market position in the face of intensifying price competition within China, and follows a gradual reduction of the stake beginning in 2022.
Berkshire Hathaway initially acquired 225 million shares in BYD in September 2008.From that initial purchase through March 31, 2025, the investment grew by over 4,500 percent. The company’s stake had fallen below 5 percent last year, removing the requirement to disclose future sales to the Hong Kong Exchange. Bloomberg reported confirmation of the complete disposal from a company spokesperson.
BYD shares have experienced a recent downturn, falling approximately 30 percent from their peak four months ago. This decline contributed to a 3.6 percent decrease in BYD’s stock among Chinese shares traded in Hong Kong. The company has transformed substantially over the past two decades, evolving from a small mobile phone battery supplier to a leading electric and hybrid vehicle manufacturer.
BYD’s Public Relations and Brand Director,Li Yunfei,acknowledged the stock transactions on social media Monday,stating that buying and selling shares is common practice and expressing gratitude for the 17 years of investment,support,and friendship from Charlie Munger and Warren Buffett.