Scottish hydrogen truck start-up HVS next to risk going under
February 20, 2025
Hydrogen Vehicle Systems (HVS), a Scottish start-up founded in 2017 to develop a hydrogen-electric heavy truck, is changing course to avoid bankruptcy. The company faces over €10 million in debt and will now focus on retrofit conversions and selling its technology to cut costs. HVS was founded in Glasgow in 2017 by Abdul Waheed with […]