{"id":163379,"date":"2025-02-20T11:31:21","date_gmt":"2025-02-20T10:31:21","guid":{"rendered":"https:\/\/newmobility.news\/?p=163379"},"modified":"2025-02-20T11:31:21","modified_gmt":"2025-02-20T10:31:21","slug":"scottish-hydrogen-truck-start-up-hvs-next-to-risk-going-under","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2025\/02\/20\/scottish-hydrogen-truck-start-up-hvs-next-to-risk-going-under\/","title":{"rendered":"Scottish hydrogen truck start-up HVS next to risk going under"},"content":{"rendered":"<p>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 \u20ac10 million in debt and will now focus on retrofit conversions and selling its technology to cut costs.<\/p><p>HVS was founded in Glasgow in 2017 by Abdul Waheed with the goal of designing a new hydrogen-electric heavy truck from the ground up to meet the UK's goal of a zero-emission new truck fleet by 2040. The company garnered some attention and awards, which was enough to secure over 75 million British pounds (90 million euros) in investments and subsidies.<\/p><div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\">This content has been archived. <a href=\"https:\/\/newmobility.news\/en\/subscription\/\">Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>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 \u20ac10 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 the [&hellip;]<\/p>\n","protected":false},"author":876,"featured_media":163382,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[77149,16,4,61],"tags":[],"class_list":["post-163379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hydrogen","category-industry","category-top-stories-today","category-transport"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?fit=2560%2C1707&ssl=1",2560,1707,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?fit=300%2C200&ssl=1",300,200,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?fit=640%2C427&ssl=1",640,427,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?fit=640%2C427&ssl=1",640,427,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?fit=1536%2C1024&ssl=1",1536,1024,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?fit=2048%2C1365&ssl=1",2048,1365,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?fit=18%2C12&ssl=1",18,12,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?fit=560%2C373&ssl=1",560,373,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?resize=1536%2C240&ssl=1",1536,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?resize=1536%2C180&ssl=1",1536,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?resize=2048%2C180&ssl=1",2048,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/02\/HVS-hydrogen-scaled.jpg?resize=2560%2C180&ssl=1",2560,180,true]},"post_excerpt_stackable_v2":"<p>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 \u20ac10 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 the goal of designing a new hydrogen-electric heavy truck from the ground up to meet the UK&#8217;s goal of a zero-emission new truck fleet by 2040. The company garnered some attention and awards, which was enough to secure over 75 million British pounds (90 million euros)&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/newmobility.news\/en\/category\/hydrogen\/\" rel=\"category tag\">Hydrogen<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/industry\/\" rel=\"category tag\">Industry<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/top-stories-today\/\" rel=\"category tag\">Top Stories Today<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/transport\/\" rel=\"category tag\">Transport<\/a>","author_info_v2":{"name":"Yeelen M\u00f6ller","url":"https:\/\/newmobility.news\/en\/author\/yeelenmhotmail-com\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Scottish hydrogen truck start-up HVS next to risk going under - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2025\/02\/20\/scottish-hydrogen-truck-start-up-hvs-next-to-risk-going-under\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scottish hydrogen truck start-up HVS next to risk going under - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"Hydrogen Vehicle Systems (HVS), a Scottish start-up founded in 2017 to develop a hydrogen-electric heavy truck, is changing course to avoid bankruptcy. 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