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Expands market coverage from just BEVs.
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Electrified vehicles mark third consecutive month with over 50% share.
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Lower duty rate effective retroactively from the beginning of November.
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Despite the downsizing, Symbio intends to maintain and develop its core hydrogen technologies.
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As a result of the acquisition, Inteva’s global workforce increases to 12,000 employees, operating across 37 sites worldwide.
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The facility is designed as a dedicated venue where business clients and general visitors can view the full PBV range.
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Nikkei Asia reported that the deal value is expected to be slightly below Y1bn (approximately $6.44m).
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Production capacity to be expanded to 108,000 tons in 2026.
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