Scottish hydrogen truck start-up HVS next to risk going under

Yeelen Möller

February 20, 2025

Scotland-based hydrogen truck company HVS is facing bankruptcy and has scrapped its plans of building its own vehicles / HVS

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
This content has been archived. Log in or Subscribe to a level that has access to archived content.

Comments

Ready to join the conversation?

You must be an active subscriber to leave a comment.

Subscribe Today

You Might Also Like