This technology serves as the cornerstone of HVS’ strategy, optimising diesel, battery, and hydrogen-powered trucks to enhance efficiency and reduce emissions. This unique approach not only addresses current environmental challenges but also accelerates the adoption of hydrogen-powered solutions worldwide.
Excelledia Ventures, globally recognised for its AI-enabled enterprise management software catering to corporations and governments – including Nestle, BP and Qatar’s Ministry of Foreign Affairs – brings synergies to HVS’s innovative approach.
“We specialise in AI software that optimises business performance. Immediately we saw the potential in HVS’s AI innovations – it’s essentially the same transformative technology we use applied to the trucking industry” said Muhamed Farooque, CEO of Excelledia Ventures.
HVS is at the forefront of developing AI-driven hydrogen zero-emission trucks, focusing on licensing innovative designs and providing access to critical components. This collaborative model empowers regional manufacturers to scale production efficiently, fostering global progress toward net-zero logistics.
“Excelledia Ventures’ support enhances our eligibility for the £1 billion Qatar-UK Climate Tech Fund, thanks to Excelledia’s strong relationships with key stakeholders such as Qatar’s Transport Authority and Qatar Investment Authority” added HVS CEO Abdul Waheed. “We are delighted to announce this latest investment in HVS.. Thanks to its resources and expertise, the Middle East is also uniquely positioned to lead the global hydrogen charge and is already making significant progress. Our mission is to optimise diesel trucks for cleaner performance today while advancing hydrogen-powered trucks for tomorrow.”
HVS aims to further expand its impact with a NASDAQ listing in 2027, leveraging its Inngot IP valuation and Apricum’s market analysis to attract global investors.
This collaboration between HVS and Excelledia Ventures represents a powerful step forward in achieving sustainable transportation solutions, combining advanced hydrogen technology with AI-driven efficiency to meet the demands of a rapidly evolving industry.
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