🟢 BYDDY is trading 4.2% up today despite South Korea subsidy exclusion

BYDDY is trading 4.2% up at $9.66 as investors digest news of the company’s exclusion from South Korea’s electric vehicle purchase subsidy program.

• The exclusion was driven by low domestic parts content and a lack of local production facilities, mirroring recent subsidy losses for the automaker in Japan.
• Market sentiment remains positive despite the news, suggesting that tightening supply-chain rules in key Asian markets are viewed as manageable or already reflected in the share price.
• Trading is moderately active as investors weigh localized regulatory headwinds against BYD’s broader global expansion and EV growth trajectory.