Technical analysis in the current byddy stock forecast shows bullish momentum, with the 50-day moving average trending upwards. Breakout levels around $35 may trigger additional institutional inflows if volume exceeds the 20-day average. Rho Motion, the leading EV research house, announced that the number of EVs sold globally in January 2025 stood at 1.3 million. While it fell by over a third from December’s strong month, the global market saw an increase of 18% as compared to January 2024. Notably, the EU & EFTA & UK EV market kicked off 2025 up by 21% after selling more than 250,000 EV units in January 2025. To provide a brief context, EFTA means European Free Trade Association. It has 4 member states i.e., Iceland, Liechtenstein, Norway, and Switzerland. âNo OEM could keep their product cycle strong forever â even BYD cannot,â said Xiao Feng, co-head of China industrial research at CLSA Hong Kong. Cross-market correlation analysis tied to the byddy stock forecast shows low beta against broader Asian indices, offering portfolio diversification benefits for international investors.