BYD is a Chinese company leading a growing market, despite not operating in the US. A well-known investor has taken a stake in BYD due to its unique offerings. The company sold 4.25 million cars last year, generating $108 billion in revenue. Here are five reasons to consider investing in BYD stock.

BYD is a major player in electric vehicles globally, surpassing Tesla in market share. The company is diversified, producing hybrids and battery-powered vehicles. BYD is also self-sufficient, manufacturing its own batteries and components. With a profitable track record, BYD is poised for further growth in the expanding EV market.

While BYD may not be a familiar name to US investors, it holds potential for growth. Warren Buffett’s Berkshire Hathaway has a significant stake in BYD, showcasing confidence in the company. Consider investing $1,000 in BYD for long-term gains in the EV market. The Motley Fool’s Stock Advisor team has identified the best stocks to buy now, offering potential for substantial returns.

Read more at Nasdaq: 5 Reasons to Buy BYD Stock Like There’s No Tomorrow