Warren Buffett Has Fully Exited BYD After Generating >2,000% Return

Key Summary:
- Berkshire has fully divested its investment in BYD as of 1Q25
- BYD is one of the largest global EV players, with 22% share
- Rising EV share in Indonesia, factory to commence in 2026
According to a filing by Berkshire Hathaway Energy, a subsidiary of Berkshire Hathaway Inc, the company has fully exited its position in BYD Co. Ltd after investing for 17 years since its initial acquisition in 2008.
How it started: Berkshire Hathaway Energy began investing in the Shenzhen-based BYD by acquiring 225 million shares (or equivalent to 10% ownership at the time) for approximately $230 million.