Company profile: HVS
1.1 - Company Overview
Company description
- Provider of hydrogen-electric vehicles for the commercial market, designing and manufacturing zero-emission trucks with longer range and faster refueling than battery alternatives. Offerings include hydrogen storage (350/700 bar, up to 600km), electrified rear axle (450kW), twin fuel cells (200kW), thermal management (TTMS), and high-power energy storage. Works with technology integrators, component suppliers, and vehicle prototype design houses to decarbonize medium and heavy-duty sectors.
Products and services
- Zero-emission hydrogen trucks: Hydrogen Vehicle Systems engineers commercial-grade hydrogen-electric trucks delivering zero emissions with extended range and rapid refueling versus battery vehicles, targeting medium and heavy-duty commercial applications
- Hydrogen System: The custom-engineered on-board hydrogen system stores gas across multiple cylinders at 350 bar or 700 bar, enabling ranges up to 600 km depending on payload and terrain
- Fuel Cell System: The mid-mounted, high-output twin fuel cell system delivers over 200 kW, converting hydrogen into electricity to drive the rear wheels for sustained heavy-duty operation
Key contacts
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Financial details
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1.2 - Competitors and similar companies to HVS
Beam Charging
HQ: United States
Website
- Description: Provider of an advanced and convenient electric vehicle charging network in New York City.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
View full Beam Charging company profile →
OjO Electric
HQ: United States
Website
- Description: Provider of innovative transportation solutions focused on safety, sustainability, and transit.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full OjO Electric company profile →
Red Electric
HQ: France
Website
- Description: Provider of electric scooters and rental services with packages for maintenance and risk insurance; manufactures electric scooters that are more economical and ecological than thermal scooters.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Red Electric company profile →
eMovements
HQ: Germany
Website
- Description: Provider of mobility-promoting technologies focused on solutions that improve security and comfort to advance mobile progress.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full eMovements company profile →
Currie Technologies
HQ: United States
Website
- Description: Provider of high quality hybrid electrically powered bikes and steps for all ages, serving as both developer and distributor.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Currie Technologies company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for HVS
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to HVS
2.2 - Growth funds investing in similar companies to HVS
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4 - Top valuation comps for HVS
4.2 - Public trading comparable groups for HVS
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