Riversimple exceeds £1 million crowdfunding campaign

Hydrogen fuel cell vehicle manufacturer Riversimple has reached its crowdfunding target which will allow them to trial affordable hydrogen cars.

The Welsh-based independent company exceeded its target by reaching a sum of nearly £1.14 million.

They are set to build 20 hydrogen-powered cars with the cash.

Riversimple founder Hugo Spowers said: “I am delighted that we have not only passed our first tranche target of £1 million, but the interest was so keen that we exceeded that figure.

“This is down to a growing demand for low emission personal transport and to the efforts of our team because the people that work here make this company worth investing in.”