BYD (BYDD.F -1.04%) is a pioneer and industry leader in clean energy vehicles. The Chinese company manufactures electric vehicles (EVs) and plug-in hybrid vehicles, as well as electric buses, trucks, other commercial vehicles, rechargeable batteries, and solar panels. In addition to developing sustainable solutions, BYD makes mobile handset components and has developed a monorail system.
BYD's early leadership in EVs caught the eye of Warren Buffett. His company, Berkshire Hathaway (BRK.A 0.16%)(BRK.B 0.79%), initially bought a 10% stake in the Chinese EV maker in 2008. While Buffett's company has trimmed its position over the years, he still likes BYD (Berkshire owned a 4.9% stake in the Chinese automaker as of early 2025).
Many people are interested in BYD stock because of Warren Buffett's presence as an investor and the company's focus on sustainable solutions. This guide will teach you everything you need to know about BYD and how to invest in the Chinese electric car company.
Stock
How to buy BYD stock
How to buy BYD stock
BYD first went public on the Hong Kong Stock Exchange in 2002. It completed a second initial public offering (IPO) on the Shenzhen Stock Exchange in 2011. However, you can still buy shares even though the Chinese EV company hasn't listed its stock on a major U.S. stock exchange like the New York Stock Exchange (NYSE).
It trades on the OTC Market Exchange under the stock ticker BYDD.F. That exchange and stock ticker are important to note to avoid any potential confusion with Boyd Gaming (BYD 4.4%), an American gaming and hospitality company that trades on the NYSE under the stock ticker BYD.
People interested in buying shares of BYD will need to take a few steps to become shareholders. This step-by-step guide will show you how to invest in stocks and how to add the electric car stock to your portfolio:
- Open your brokerage app: Log into your brokerage account where you handle your investments.
- Search for the stock: Enter the stock ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
Should I invest?
Should I invest in BYD?
Not every stock will be right for you. You need to make sure the stocks you buy will help you achieve your financial goals while aligning with your values and risk tolerance. With that in mind, here are some reasons you might want to invest in BYD:
- You want to invest in a company building a more sustainable future.
- You want to invest in stocks owned by Warren Buffett.
- Adding BYD would help diversify your portfolio by adding an international stock.
- You believe BYD can fend off the growing competition in the EV industry.
- You want to invest in a profitable EV company (a rarity in the sector).
- You're comfortable with the risks of investing in China.
On the other hand, here are some reasons BYD stock might not be right for you:
- You're concerned about the Chinese government's influence over companies operating in the country.
- You don't want to invest in foreign-listed stocks due to governance concerns and foreign exchange risk.
- You're worried about the growing competition in the EV industry.
- You think the U.S. tariffs on EVs produced in China will shut off a potentially lucrative growth market for BYD.
- Warren Buffett's sales of BYD stock have raised a red flag for you.
- You already own several EV and transportation stocks.
- You need more dividend income than BYD can supply.
Is BYD profitable?
Is BYD profitable?
Profits power businesses. Companies must make money to fund their operations and expansion. Investors need to look under the hood to see whether a company is making money or is at least on the road to profitability.
BYD is a profitable company. In late 2024, the Chinese automaker reported that its net profit had risen 11.5% during the third quarter of that year on a 24% increase in revenue. That continued the strong year of profitability for the company. Its net profit increased 18.1% through the first nine months of that year.
The company's solid profitability enables it to continue investing in developing new EVs. It also allows BYD to return cash to investors via dividends and share repurchases.
Does BYD pay a dividend?
Does BYD pay a dividend?
BYD pays a dividend. The Chinese EV company makes an annual dividend payment based on its profit from the previous year.
As of early 2025, BYD hadn't yet declared its 2024 annual dividend payment (and it didn't declare an interim dividend that year. However, for 2023, the company made a dividend payment of 3.096 Chinese yuan per share (about $0.43 per share at the exchange rate in mid-2024). That was more than double its dividend in 2022 (RMB$1.142 per share). The company pays its dividend in RMB, which is converted into U.S. dollars for holders in the U.S.
ETF options
ETFs with exposure to BYD
Active stock picking isn't for everyone. Many people would rather passively invest in a company through a fund. Exchange-traded funds (ETFs) make that easy. Many ETFs enable you to invest in a theme (e.g., transportation ETFs or electric vehicle ETFs) or a broad market index (e.g., the S&P 500 or Nasdaq-100).
Exchange-Traded Fund (ETF)
Several ETFs hold shares of BYD. Some notable options are:
- ARK Autonomous Tech & Robotics ETF (ARKQ 1.14%): The fund managed by Cathie Wood focuses on companies in the autonomous technology and robotics fields. It aims to have between 30 and 50 holdings. BYD is one of its holdings in early 2025, with a 1.3% allocation, and the fund has a 0.75% ETF expense ratio.
- iShares MSC China ETF (NYSEMKT:MCHI): This fund focuses on large and mid-sized Chinese companies. In early 2025, the ETF had almost 580 holdings, including BYD (10th-largest at 1.9% of its assets) and a 0.59% expense ratio.
Will BYD stock split?
Will BYD stock split?
As of early 2025, BYD had no upcoming stock split planned, and the company likely won't split its stock anytime soon. It trades at a very accessible price (in the mid-$80s in early 2025), so it doesn't need to split its stock to lower the investment threshold for more investors.
Related investing topics
The bottom line on BYD
BYD is a leader in EVs. It's profitable and growing fast, which could enable the company to continue producing strong returns for investors, including Warren Buffett. However, even though Buffett owns the stock, it might not be right for everyone. Before adding it to your portfolio, you must ensure you're comfortable with the risks of investing in the Chinese EV maker.
FAQ
Investing in BYD FAQ
Where can I invest in BYD?
You can invest in BYD in most brokerage accounts. It's a public company that trades on the OTC Market Exchange, so you need a broker that allows you to buy shares listed on that exchange. If you don't have a brokerage account (or need one that can trade shares on the OTC Markets Exchange), check out this list of top online brokers and trading platforms.
Once you have opened and funded an account capable of buying OTC-listed stocks, you'd open up the order page and fill out all the required fields, including:
- The number of shares you want to buy or the amount you want to invest in purchasing fractional shares (if your broker allows trading fractional shares of OTC listed stocks)
- The stock ticker (BYDD.F)
- The order type (limit order or market order)
Make sure everything is correct (especially the stock ticker), and then submit your trade to become a shareholder.
Is BYD stock a good investment?
BYD has been a good investment over the years. As of early 2025, the Chinese EV maker had produced a 28.3% annualized total return over the last 10 years, outperforming the S&P 500's 13.5% annualized total return.
While that past performance is no guarantee of future success, the company is in a strong position to continue growing shareholder value. It was increasingly profitable, which is a rarity in the EV sector. That's giving it the funds to invest in growing its business, including expanding into new areas.
Its growing profitability also allows the company to return cash to shareholders through dividends and share repurchases. Although the company isn't without risk, it could have the power to continue producing market-beating total returns in the future.
Is BYD on the NYSE?
BYD does not trade on the New York Stock Exchange. It went public on the Hong Kong Stock Exchange in 2002 and completed an IPO on the Shenzhen Stock Exchange in 2011.
Although the company hasn't listed its stock on a major U.S. exchange, it does trade on the OTC Markets Exchange under the stock ticker BYDD.F. Investors should be careful not to confuse BYD with Boyd Gaming, the American gaming and hospitality company that trades on the NYSE under the stock ticker BYD.
What is the ticker for BYD stock?
BYD stock trades on the OTC Markets Exchange under the stock ticker BYDD.F. Investors should be careful not to confuse BYD's stock ticker with that of Boyd Gaming, which trades on the NYSE under the stock ticker BYD.
