HV Systems

HV Systems

HV Systems produces hydrogen-powered trucks with up to 1200km range and quick recharging, making them direct competitors to diesel.

Founded 2017 51-200 employees Grant Total: $11.60M Manufacturing, Automotive

HV Systems is a manufacturing startup that has been transforming the transportation industry since its establishment in 2017. The company's slogan, "HV Systems produces hydrogen-powered trucks with up to 1200km range and quick recharging, making them direct competitors to diesel," reflects its commitment to innovation in the commercial vehicle sector. The company specializes in creating cutting-edge hydrogen-fueled trucks, directly challenging traditional diesel-powered vehicles. This approach is underpinned by the use of hydrogen and batteries to provide 100% emission-free power. The most recent investment in HV Systems was a £6.60M grant investment received on 01 February 2023 from Innovate UK. This injection of funds validates the market potential and innovative capabilities of the company, further fueling its efforts to revolutionize the transportation industry. The unique selling point of HV Systems lies in its ability to produce trucks with a remarkable 1200km range and quick charging capabilities, making it a significant player in the transition towards eco-friendly transportation solutions. By combining current systems, parts, and technologies with its own innovative strategies, HV Systems aims to achieve unprecedented results. The company's focus on creating groundbreaking zero-emission commercial vehicles places it at the forefront of sustainable transportation solutions.

Funding Stage	Amount	Investors	Lead Investors	Date
Grant	£6.60M	1	UK government	01 Feb 2023
Venture Round	£5.00M	1	Beehive Equity Ltd.	14 Jul 2021

Funding Stage

Amount

Investors

Lead Investors

Date

Grant

£6.60M

UK government

01 Feb 2023

Venture Round

£5.00M

Beehive Equity Ltd.

14 Jul 2021

FAQ About HV Systems

HV Systems produces hydrogen-powered trucks with up to 1200km range and quick recharging, making them direct competitors to diesel.

HV Systems was founded in 2017.

HV Systems operates in Manufacturing and Automotive. Its work centres on Hydrogen-powered trucks, Zero-emission vehicles, Transportation industry disruption and Cutting-edge technology.

HV Systems has approximately 51-200 employees.

HV Systems has completed 2 funding rounds, raising a total of $11.60M. The latest funding stage is Grant.

Top alternatives and competitors to HV Systems include Lion Electric, TELO Trucks. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

HV Systems and Lion Electric are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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