Glasgow – 14th November 2023: HVS (Hydrogen Vehicle Systems), an innovator in zero-emission commercial vehicles, are delighted to announce a partnership with Zeti which will involve collaboration with Gravis Capital to provide a Transport as a Service offering to customers of HVS Hydrogen Fuel Cell Trucks.
The availability of funding to de-carbonise the heavy commercial vehicle sector is vital in achieving Net Zero, and the existing partnerships that Zeti has will enable fleet operators to access multi million pounds of capital funds to deploy vehicles in their operations.
Jawad Khursheed, CEO of HVS commented, “The Transport as a Service offering from Zeti provides customers with complete certainty of costs for the duration of a vehicle contract. The pay-per-mile financing helps operators to optimise their cash flow and protect margins. We see this as a real value-add for those fleet operators looking to decarbonise their fleets to achieve challenging net zero targets.”
HVS is currently accepting orders for its Hydrogen fuel cell trucks, and the TAAS offering will provide a holistic solution on fuel, infrastructure, and funding as well as after sales support for these zero-emission vehicles.
HVS (Hydrogen Vehicle Systems) is a UK company founded 2017. From innovative powertrain design to ground up production, HVS aims to disrupt the commercial vehicle industry by being an early mover with the most advanced, all–new zero emission HGV. Leading the way in hydrogen electric vehicle design, HVS is pioneering cutting-edge solutions that will decarbonise one of the heaviest polluting sectors worldwide. Combining unique design, efficiency, and performance; HVS will provide the ultimate driver experience at lower costs and lowest emissions.
ZETI is a green-fintech solution provider that originated in London but now also operates in California and New York. Zeti is on a mission to reduce carbon emissions and make it easier for fleets to transition to zero and ultra-low vehicles whilst also offering institutional lenders the option to generate attractive, risk-adjusted returns in a new, clean asset class. Zeti's digital financing platform connects operators of business-critical vehicle fleets to facilitate clean mobility. The company sits at the intersection of fintech, mobility, and sustainability, unlocking the potential of technology to revolutionise the financing of transport and support the goals of business and society.
Gravis Capital was founded in 2008 and today is the Alternative Investment Fund Manager in relation to approximately £1.5 billion of assets. It invests in long-term projects that will be needed for many years to come, believing that a focus on positive impacts for people and the planet translates into steady returns. Having been an innovator in the investment industry in areas such as infrastructure and student accommodation, the company has expanded into increasingly important areas, such as renewable energy generation, supported living, logistics and data centres, to name but a few. Investments are generally underpinned by dependable cashflows and generate long term predictable income.