I suspect a Kioti drivetrain, but different hood, fenders, operator's platform & color scheme for Bobcat. This is just speculation on my part, however.
Probably a Kioti(Daedong) of a different color but still a very close
relation.
"Bobcat to Enter Compact Utility Tractor — July 31, 2007
In a move intended to expand its No. 1 market position in compact equipment, Bobcat Company announced today that it has signed a long-term strategic agreement with a highly respected Korean manufacturer, Daedong Industrial Co. Ltd., to produce a line of Bobcat-branded compact utility tractors."
I agree that the Bobcat tractor will most likely be a re-badged and re-clad Kioti tractor...not that there is anything wrong with that! I seriously considered the Kioti when looking at tractors but the Toolcat was the answer to what type of equipment I needed. What is of interest and debatable discussion is how Bobcat tractors will compete with established Kioti dealers...the Kioti forum has a thread regarding this potential dilemma.
Steve