Wednesday, April 24, 2024

Company Summary

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What? Riversimple is creating a commercial hydrogen-powered electric car to decarbonize personal transport.

What, exactly? Riversimple looked at all the components entering into a car design and aims to be lighter and more efficient. Their first vehicle, the Rasa, already exists and is being tested in Wales. Innovation doesn’t have to be limited to the technology either, and their business model is based on subscription rather than on ownership.