A British car manufacturer banking on the future of hydrogen cars aims to raise £150m over the next three years. Riversimple – the brainchild of entrepreneur Hugo Spowers – has developed a two-seater hydrogen fuel cell car named the Rasa, Latin for “clean slate”. The car is aimed at city dwellers and boasts a top speed of 60mph. After more than a decade in development, the Rasa is nearing its entry into the consumer car market. Mr Spowers believes hydrogen will form part of a number of solutions that will meet the needs of the modern-day driver. The Riversimple owner opened a new funding round with the aim of raising £150m, which he said was “not much money at all” in automotive terms.
Telegraph 19th Oct 2020 read more »