BYD Receives Approximately $230 Million Investment from Berkshire Hathaway’s MidAmerican Energy Holdings

MidAmerican Energy Holdings Company, a subsidiary of Berkshire Hathaway, recently announced that it has agreed to purchase 225 million shares, representing approximately a 10 percent stake, in the Chinese company BYD Company Limited. This investment is valued at 1.8 billion Hong Kong dollars, or approximately 230 million U.S. dollars.  BYD’s actitivies include researching, developing, manufacturing, … Read more