Billionaire Warren Buffett’s investment firm Berkshire Hathaway has completely sold off its stake in BYD, China’s largest electric vehicle (EV) maker. This move ends a 14-year-long investment journey that turned out to be one of Buffett’s most profitable bets in Asia.
Background
Berkshire Hathaway first invested in BYD in 2008, buying about 225 million shares for roughly $230 million. Over the years, the EV giant grew into a global leader, competing with Tesla and dominating the Chinese EV market.
The Exit
According to filings, Berkshire sold its final 1.15 million BYD shares recently, officially marking its complete exit. The firm had been gradually reducing its stake since mid-2022.
Why the Exit Matters
- Buffett’s stake in BYD once represented over $9 billion in value at its peak.
- The investment delivered massive returns, making it one of Berkshire’s most successful Asian deals.
- BYD remains a key EV player globally, but Berkshire’s full exit raises questions about future competition, valuations, and the evolving EV market.
BYD’s Position Today
Despite Buffett’s exit, BYD is still a top EV and battery manufacturer, exporting to Europe, Southeast Asia, and beyond. In 2024, it sold over 3 million vehicles, becoming a serious rival to Tesla.
What’s Next?
While Berkshire has exited, Buffett is known for his long-term, value-driven investment strategy. Analysts suggest the move may reflect profit-taking after a highly successful run rather than doubts about BYD’s future.
Summary Table
| Detail | Information |
|---|---|
| Company | Berkshire Hathaway |
| Investor | Warren Buffett |
| Stake | BYD (China’s largest EV maker) |
| First Investment | 2008 – $230 million for 225M shares |
| Peak Value | Over $9 billion |
| Final Exit | 2025 – Sold last 1.15M shares |
| Duration | 14 years |
| Outcome | One of Buffett’s most profitable Asian investments |
| BYD Today | Global EV leader, rivaling Tesla |
| Reason | Likely profit-taking after huge returns |
