“Despite substantial investments, including GBP 25 million in UK government grants, the vision of vehicle manufacturing has failed,” the British startup said in a press release announcing its change of strategy.

While the exact financial details of this investment have not been publicly disclosed, it is part of HVS's ongoing efforts to attract outside investment after the company announced last year it was desperately seeking Series B funding as it slimmed 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.

Cenex is the UK’s premier event for the future of mobility, combining insights from the Low Carbon Vehicle (LCV) and Connected Automated Mobility (CAM) sectors.

T&BB spoke to Vanessa Kelly, Head of Corporate Relations of HVS at Cenex 2024 to learn that HVS is entering another funding (Series B) round in October this year as the engineers continue to forge ahead with its attribute prototype (AP) build.

HVS announced a new deal to supply 30 fuel cell HGVs to UK logistics company, Explore Plant & Transport Solutions. Furthermore, the agreement encompasses a maintenance, servicing and driver training (safe use of hydrogen) contract.

Irish reefer operator, McCulla is set to trial Hydrogen Vehicle Systems’ hydrogen fuel cell HGVs in 2025 to assess the performance and TCO of the vehicles to explore the potential eligibility to be integrated into its fleet.

The specialist facility offers HVS complete build capabilities encompassing a complex toolroom ensuring quality design and prototyping. Each of the prototypes will be used to test specific aspects of the vehicle involving strength, durability and efficiency.

HVS has appointed Dr Utz Claassen as the new Chairman of the Board. Claassen is tasked with overseeing the growth strategy and bringing the HVS Hydrogen Fuel Cell HGVs to market next year.

The HVS tractor unit was powered by green hydrogen with the aim of demonstrating its real-world capabilities with each testing phase concentrating on specific aspects of the vehicle design and performance (electric and thermal) in various weather conditions.

Mannok is set to trial Hydrogen Vehicle Systems, Hydrogen Fuel Cell HGVs in Q4 2025. After the trials, Mannok will assess the performance of the vehicles and explore the potential eligibility to be integrated into its fleet. Furthermore, the trial encompasses refuelling infrastructure, finance options, government incentives and warranty coverage.

Specific testing will evaluate the electric and thermal performance of the HFC in real-world conditions. Ultimately, this is another step in bringing this product to market.