HVS: The next British truck manufacturer to fall?
By Luke Willetts - 16th December 2024
UK – 2024 has not been kind to many British truck OEMs with the likes of Arrival Ltd, and Tevva Motors Ltd declaring bankruptcy, and so we ask whether Glasgow-based start-up manufacturer Hydrogen Vehicle Systems Ltd (HVS) is the next to fall? Not according to the company, which is desperately seeking Series B funding as it slims down operations of its attribute prototype (AP) build. T&BB will be sure to keep you updated on the latest HVS news moving into 2025 but the recent departure of Ian Palmer (Managing Director) certainly doesn’t fill us with confidence moving into the year ahead.
2024