Hydrogen Vehicle Systems receives £25m backing from EG Group

Hydrogen Vehicle Systems (HVS) has revealed it received a £25m ($28.3m) investment from retailer, EG Group with aims of accelerating the UK’s drive to phasing out new non-zero emission heavy goods vehicles (HGVs).

Over the last 12 months, HVS says it has completed its first medium commercial vehicle prototype and is well on the way to developing its second HGV.

According to the companies, the partnership could see hydrogen mobility solutions brought to the wider UK market, using EG’s experience in operating refuelling station, facilitating the deployment of HVS’ zero-emission trucking solutions.

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