Warren Buffett’s Berkshire Hathaway has exited its long-standing investment in Chinese electric vehicle (EV) giant BYD, after nearly two decades of holding a stake that outperformed expectations.
The sale, which has been confirmed through a filing from Berkshire’s energy subsidiary, signals the end of a historic partnership that began in 2008.
A Lucrative Partnership Comes to an End
In 2008, Berkshire Hathaway invested approximately $230 million for a 10% stake in BYD, acquiring around 225 million shares at a price of $ 1.03 each.
Over the years, the value of BYD’s stock soared, with the company’s share price increasing nearly 30-fold.
This made the investment one of Berkshire’s most successful ventures, contributing to its reputation for spotting high-potential companies in emerging industries.
Challenges for BYD Amid Intense Competition
However, BYD has faced growing challenges in recent times.
Despite the overall growth of the EV sector, the company has encountered slowing growth rates and intensified competition from both domestic and international manufacturers.
In China, BYD’s domestic sales have been decreasing since May 2025, with August marking the fourth consecutive month of decline.
Stock Reaction and Future Plans
Following the announcement of the sale, BYD’s stock experienced a 3.4% decline in Hong Kong trading. Still, the company expressed appreciation for Berkshire’s long-term support and framed the divestiture as a routine decision.
Despite this shift, BYD remains the number one EV seller in the global market, continuing to lead the charge in electric mobility with its innovative solutions and ambitious growth plans.
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