H
HVS
Zero emission hydrogen-electric commercial vehicles
About HVS
HVS (Hydrogen Vehicle Systems) is a pioneering company in the United Kingdom focused on designing and developing hydrogen fuel cell vehicles for the commercial vehicle market. The company collaborates with leading technology integrators, component suppliers, and vehicle prototype design houses to create unique solutions aimed at decarbonizing medium and heavy-duty commercial vehicles. HVS targets the European market, where emission reduction mandates require a 15% reduction by 2025 and 30% by 2030. Despite these targets, diesel vehicles still dominate the market, occupying 97.9% of the truck market and 92.8% of the van market. HVS aims to be the first to introduce viable, zero-emission, long-range hydrogen-powered commercial vehicles in the UK and Europe. The company’s team consists of industry specialists with extensive experience in automotive, energy sustainability, and environmental management. HVS leverages its partnerships with cutting-edge technology suppliers to translate innovative concepts into reality, free from the inertia that often constrains large corporate OEMs (Original Equipment Manufacturers). The company’s business model revolves around the production and sale of hydrogen fuel cell vehicles, targeting commercial clients who are looking to meet stringent emission targets while maintaining high performance and range. Revenue is generated through vehicle sales and potentially through partnerships and technology licensing.
Source: Dealroom company dataAt a glance
- Founded
- 2017
- Headquarters
- Glasgow, United Kingdom
- Sector
- Transportation
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Advanced Propulsion Centre UK
Series A3 investors entered at this stage
- BEBeehive Equity
Euro Garages
Excelledia Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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