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HVS

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Zero emission hydrogen-electric commercial vehicles

Glasgow, United KingdomFounded 2017Transportation
Valuation <$5M Last recorded · 2026
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for HVS and the history behind them.

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 data

At a glance

Founded
2017
Headquarters
Glasgow, United Kingdom
Sector
Transportation

Investors

4 investors on the cap table

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

  • Beehive Equity
  • Euro Garages
  • Excelledia Ventures
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇬🇧 United Kingdom92.3%
🇫🇷 France7.7%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about HVS on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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