Warren Buffett’s Berkshire Hathaway investment firm has sold the last of its shareholding in Chinese car giant BYD.

According to stock filings obtained by news outlet Reuters, Berkshire sold its last tranche of shares in BYD in recent months, after investing in the automaker 17 years ago.

The report claims Berkshire’s original investment of US$230 million (A$349 million at today’s exchange rate) back in 2008 equalled approximately 225 million shares – or roughly 10 per cent of BYD.

Billionaire Buffett and his late business partner Charlie Munger had to defend their decision at the company’s annual meeting in 2009, publicly expressing their admiration and trust in BYD founder Wang Chuanfu.

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