As per a CNBC report on Sunday, Berkshire Hathaway Inc. exited its entire holding in the Chinese EV-maker. The report also cited a spokesperson for the US company confirming the same.
As of March 31, Berkshire Hathaway Energy listed the value of the investment as zero, as per the filing of the company, which is the subsidiary that held BYD’s shares, the CNBC report stated. Buffett’s firm held the stock over over 15 years after first buying 225 million of its shares in September 2008. The stock has surged over 4,500% since the day before the first purchase till March 31, 2025.
In the last two decades, BYD has gone from a little-known battery provider for cellphones to the country’s biggest electric and hybrid vehicle maker. Berkshire had started offloading its stake in the company in mid-2022, with the holding declining below 5% last year. A breach of that threshold meant the US investment firm was no longer obligated to disclose future sales to the Hong Kong Stock Exchange.BYD’s shares have declined 30% from the record high it reached four months ago because of growing concerns regarding its ability to fend off competition among a destructive price war in China.
Berkshire began investing in BYD after Charlie Munger, Buffett’s long-term business partner, who had bought the stock with Himalaya Capital’s Chairman Li Lu, had recommended the investment.
Li Yunfei, general manager for branding and PR at BYD, in a post on Chinese social media platform Weibo said in stock investing, buying and selling are normal practices and that the company is grateful to Buffett and Munger to recognise it and for their 17 years of support, investment and companionship, news agency Bloomberg reported.
The agency said that a BYD spokesperson referred it to Li’s Weibo post when asked for a comment.
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First Published: Sept 22, 2025 12:57 PM IS
