Berkshire Hathaway Sells $39.8M in Shares of China's BYD

19 Jun 2024 CW Team

Berkshire Hathaway Inc. has sold $39.8 million worth of shares in Chinese electric vehicle (EV) manufacturer BYD Co Ltd, reducing its stake in the company. This move comes as part of Berkshire's broader portfolio management strategy, led by renowned investor Warren Buffett.

According to a filing with the Hong Kong Stock Exchange, the sale involved approximately 1.96 million BYD shares, bringing Berkshire's holdings in the company down to about 207.14 million shares. Despite this reduction, Berkshire Hathaway remains a significant shareholder in BYD, reflecting continued confidence in the company's long-term prospects.

Berkshire Hathaway first invested in BYD in 2008, acquiring a substantial stake in the company. This investment has proven highly profitable, with BYD emerging as a leader in the global electric vehicle market. The company's diverse portfolio includes not only electric cars but also batteries and other related technologies, positioning it well to capitalise on the growing demand for sustainable transportation solutions.

The recent share sale is part of Berkshire's routine investment practices, aimed at balancing and diversifying its extensive portfolio. While reducing its stake, Berkshire Hathaway continues to hold a significant position in BYD, underscoring its ongoing belief in the EV maker's growth potential.

BYD has been expanding its market presence both domestically and internationally, with increasing sales of its electric vehicles and buses. The company's focus on innovation and sustainability aligns with global trends towards cleaner energy and transportation solutions.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..