A potential customer inspects electric cars of Chinese manufacturer BYD at a dealership on May 23, 2025 in Berlin, Germany. Sean Gallup/Getty Images Reuters —
Warren Buffett’s Berkshire Hathaway has fully exited Chinese automaker BYD , a filing showed, ending a 17-year investment that grew over 20-fold in value in that period.
The filing by Berkshire’s energy subsidiary recorded the value of its BYD investment as zero as of the end of March, down from $415 million at the end of 2024 .
Buffett’s company began investing in Shenzhen-based BYD in 2008, when it paid $230 million for about 225 million shares, equivalent to a 10% stake at the time.
It began selling those shares in 2022 after BYD’s share price had risen more than twentyfold.
Berkshire did not immediately respon