Riversimple unveils plans for new models
News
6 May 2016
Hydrogen car company Riversimple has unveiled two new concept vehicles at the London Motor Show.
Based upon the manufacturer’s hydrogen powered fuel cell electric vehicle, the Rasa, founder Hugo Spowers claimed that the concept wold kick-start community-centric hydrogen infrastructure in the UK.
Styled by renowned auto designer Chris Reitz, who also designed the Fiat 500, the Welsh company is hoping to change the landscape of affordable, cutting-edge technology for everyday road users.
The ‘Rasa’ was launched earlier this spring, and started crowdfunding in April to match a €2 million EU grant. It plans a 20-car beta test in 2016/17 with commercially available cars in 2018. The latest concept vehicles will be developed at a later stage, following initial roll out.
The outlook is looking positive for Riversimple’s plans, with the UK government predicting that 1.3 million hydrogen cars will be on the road by 2030 and McKinsey Global Institute estimating that the clean tech product market will reach £1 trillion by 2020.
Spowers said: “Over a 20-year period, this approach would create thousands of new jobs and forge new revenue streams. Our circular business model aligns profitability with sustainability and has the potential to change the market dynamics in this resource-intensive industry.”
