HV Systems is a manufacturing startup that has been transforming the transportation industry since its establishment in 2017. The company's slogan, "HV Systems produces hydrogen-powered trucks with up to 1200km range and quick recharging, making them direct competitors to diesel," reflects its commitment to innovation in the commercial vehicle sector. The company specializes in creating cutting-edge hydrogen-fueled trucks, directly challenging traditional diesel-powered vehicles. This approach is underpinned by the use of hydrogen and batteries to provide 100% emission-free power. The most recent investment in HV Systems was a £6.60M grant investment received on 01 February 2023 from Innovate UK. This injection of funds validates the market potential and innovative capabilities of the company, further fueling its efforts to revolutionize the transportation industry. The unique selling point of HV Systems lies in its ability to produce trucks with a remarkable 1200km range and quick charging capabilities, making it a significant player in the transition towards eco-friendly transportation solutions. By combining current systems, parts, and technologies with its own innovative strategies, HV Systems aims to achieve unprecedented results. The company's focus on creating groundbreaking zero-emission commercial vehicles places it at the forefront of sustainable transportation solutions.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | £6.60M | 1 | UK government | 01 Feb 2023 |
Venture Round | £5.00M | 1 | Beehive Equity Ltd. | 14 Jul 2021 |
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