Etiqueta: BYD

Berkshire Hathaway Inc. has exited its entire holding in BYD, according to a CNBC report on Sunday that also cited a spokesperson for the US firm confirming the development. A filing by Berkshire Hathaway Energy, the subsidiary that held BYD’s shares, listed the value of the investment as zero as of March 31, CNBC reported. The past two decades have seen BYD go from a little-known Chinese battery provider for cell phones to the nation’s biggest electric and hybrid vehicle maker.

Paolo Ardoino, the CEO of stablecoin issuing company Tether (CRYPTO: USDT), revealed on Sunday that major automobile companies have begun accepting USDT payments in Bolivia.

Berkshire began trimming its BYD holdings in 2022, cutting the stake to 54 million shares before fully exiting this year.

BYD's YangWang U9 Extreme has set a new speed record of 308mph, with the electric hypercar dethroning the Bugatti Chiron.

A BYD executive said this was a normal occurrence and expressed gratitude to Munger and Buffett for their recognition of BYD.

According to data compiled by the Gasgoo Auto motive Research Institute , from January to July 2025 BYD s passenger vehicle exports continued to grow steadily,

Over the weekend, BYD announced on a RedNote livestream that the U9 Xtreme version has now broken the overall production car top speed record, clocking in at 496.22 km/h (308.37 mph). The car had just set the EV top speed record of 472.41 km/h a few weeks ago.  In addition, in its first test at the Nürburgring, it set the EV lap record at 6:59.157. BYD also implied that the top speed was limited by the 500 km/h-rated tires, as the car was still accelerating at the recorded speed. And the lap time was also just the start, with the car electronically limited to 350 km/h.

①BerkshireHathaway has reportedly fully divested its holdings in BYD. ②Southbound capital has recorded net inflows for 18 consecutive weeks. ③The market is betting that interest rate cuts may exceed the Federal Reserve's expectations. ④Li Auto and CATL have reached a comprehensive strategic cooperation agreement.

At the recently concluded IAA Mobility auto show in Munich, BYD, China's electric vehicle giant, outlined its roadmap for solidifying its position as the world's top EV manufacturer. With a three-pronged approach — global-scale sales, localized supply chains, and rapid-charging technology — BYD is accelerating its international expansion and distancing itself from rivals, including Tesla.

Auto industry leaders Toyota, BYD, and Yamaha have begun accepting USDT payments in Bolivia. Stablecoin adoption is on the rise in the country as Bolivians