Investors

Company Overview

Riversimple is developing breakthrough hydrogen electric vehicles that could transform the automotive landscape. The company is prioritising lightweight vehicle architecture to maximise energy efficiency and a unique business model designed to make sustainability profitable.  Our modular hydrogen fuel cell drivetrain platform is designed to be adapted for use in multiple vehicles classes, from a 5 seater family car to commercial vans, for consumer and commercial markets with global potential. We have a growing waiting list of both individuals and organisations.

Riversimple has been funded to date through a combination of equity investment from family offices, crowdfunding and grants. The British Business Bank is a minor shareholder in Riversimple, as is the Development Bank of Wales.

We will shortly be launching a crowdfunding campaign as we prepare for scaling up and we are working with Gambit Corporate Finance LLP on scale up funding for volume manufacturing.

For more information please register below and we will be in touch. Thank you for your interest.

DSC_0585 (2)
DMX00426

Vehicle Development

We have expanded our technical team andcontinue to develop both our vehicles and our business model. We have recorded over 16,000 miles of real-world testing and have successfully deployed remote fault detection and correction through telematics. Ongoing powertrain development has been focused on:

– Energy management software

– Suspension set up and vehicle dynamics

– Hydrogen delivery system

– Fuel cell system integration and temperature control

– Traction motor development

– Cabin heating and ventilation

Successful Public Trials

Built for testing with the public before we finalise designs for mass production, Rasas have been driven for thousands of miles across the UK, with lessons and feedback rigorously collected. Members of the general public first took the wheel in April 2021 in Monmouthshire. Rasas have also been an integral part of the Milford Haven Energy Kingdom (MH:EK) project in Pembrokeshire, demonstrating the viability of hydrogen vehicles and the Riversimple service model.

Untitled (1860 × 1080px) (1600 × 1080px) (1)

Commercial Partnerships

Element2

Riversimple’s UK market ambitions will be supported by Element2 and their hydrogen refuelling network. This partnership is key to ensuring the infrastructure challenge is addressed, ready for vehicle deployment.

California Mobility Center

The CMC’s extensive range of facilities, resources and funding partners will be available to Riversimple, providing an unprecedented development opportunity for the company. Riversimple will be exploring the local market and the potential for a base in the state.

DHL

Core logistics partner for the development of a global manufacturing supply chain suitable for mass production; also a potential customer for co-designed Riversimple light duty commercial vehicles.

Swansea City Council

Riversimple has signed a Memorandum of Understanding with Swansea City Council to promote and enable hydrogen for transport  decarbonisation.

Siemens

Engineering and digital partner for automotive design and full scale production; also prepared to help support the ongoing funding requirements for mass production and overseas markets such as the USA.

Oil 4 Wales

Oil4Wales is one of the largest fuel suppliers in Wales and committed to the Net Zero energy transition through its Green4Wales brand; targeting a national network of hydrogen refuelling outlets to support Riversimple’s markets within Wales.

The future of the UK car industry

With the collapse of British Volt in the headlines and the news of over 300 direct jobs being lost and hundreds more at risk in the supply chain, it would be easy to assume the future of the zero emission car industry in the UK is bleak.  Can you produce a zero emission car without

Why Hydrogen?

Energy is a troubling subject at the moment as the world grapples with constraints; we have an opportunity to lighten the conversation and answer some questions about hydrogen. The are two questions about hydrogen that we are frequently asked: Does it make sense to use green electricity to make green hydrogen? In our view, the

Her Majesty Queen Elizabeth II

For over 70 years Her Majesty served as the ultimate steward, guiding our nation through turbulent times and providing a constant vein of hope, positivity and resolve. We send our condolences to the Royal Family and to all those who are mourning at this tough time. Throughout her reign Her Majesty guided our nation through

Join our Waiting List Today

Want to be driving a Riversimple vehicle? Subscription to the Riversimple service gives you a car and covers all motoring costs – tax, insurance, fuel and more.

Menu