Is BYD the Smartest Investment You Can Make Today?

A brief history of BYD BYD started out as a battery manufacturing company 30 years ago. It launched its own automotive subsidiary in 2003, and it started selling its first gas-powered vehicles in 2005. It launched its first battery-powered electric vehicle, the BYD e6, in 2009. In 2008, Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) MidAmerican Energy acquired a stake in BYD. Berkshire still holds a 4.4% stake in BYD today, making it one of the few Chinese stocks approved by Warren Buffett. BYD's auto sal ...