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£5m investment in HV Systems will bring its innovative hydrogen vehicle to manufacturing

£5m investment in HV Systems will bring its innovative hydrogen vehicle to manufacturing

HV Systems (HVS) has secured a £5m ($6.93m) capital injection that will now allow the group to take its innovative hydrogen vehicle designs through prototyping and demonstration to allow for manufacturing.

Having secured the investment from Beehive Equity, a wholly owned subsidiary of EG Group, HVS aims to take a vital step towards a net-zero future for all, creating a safer living environment with cleaner air and quieter roads.

The number of vehicles that HVS aims to produce by 2030 will save as much carbon emission that is given off by Heathrow airport annually.

Jawad Khursheed, CEO of HV Systems, said, “This is a massive moment for HVS. Our incredible design team have created two amazing zero emission vehicles.

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