NEWS: Riversimple and Siemens: the beginning of a long-term strategic relationship

Welsh hydrogen car firm and Siemens UK sign MoU – focus on regional skills development, sustainability and preparation for volume production

The two companies have signed a wide-ranging Memorandum of Understanding (MoU), highlighting collaboration on a number of fronts:

  • Sustainability initiatives – in particular focusing on circular thinking in product design, supply chain management and economic models
  • Support for skills and learning requirements in Wales and beyond for the hydrogen mobility sector
  • Securing the financing required to reach volume production of highly efficient hydrogen vehicles

The focus in the first instance will be on preparing for full-scale manufacture of River simple’s hydrogen electric vehicles. Siemens has a long history of supporting technical innovation and has a depth of expertise in planning and simulation software for manufacturing operations and factory simulation software for the new production facilities.

Hugo Spowers, MD of River simple, commented: “Siemens is involved in green energy generation and has a history of enabling technology companies like ours. They share our passion for sustainability, hydrogen and the circular economy and have deep expertise in technology software and plant simulation as well as financing the tech sector. We are very much looking forward to building this relationship.

Brian Holliday, MD Siemens Digital Industries GB & Ireland, said: “We are delighted to be working with River simple, a UK company, which has designed and built a revolutionary electric car that runs on hydrogen. We support firms that produce boundary-breaking products in terms of design, manufacturing and performance. It is particularly satisfying when we get to support a programme with sustainability at its heart that can make a difference to the health of our planet.”

River simple has also announced the appointment of GambitCorporate Finance LLP and an investment round that aims to raise£150 million over next three years, which is set to fund two manufacturing plants.

The Powys-based firm aims to start commercial production of their eco coupe, the Rasa, in 2023, and a light goods vehicle the following year – it is estimated that each plant would create c.220 direct skilled jobs, making 5,000 vehicles per annum, as well as indirect jobs with suppliers.

Currently, Riversimple is building a low volume production run of Rasas for a trial with the general public based in Abergavenny in Monmouthshire. The trial is being supported by OZEV as part of the HTP programme.

For more information about River simple, please contact Fiona Spowers,

Visit to find out more. The latest video here introduces the team and the business.

Original News Publication - Riverside Press Releases 

Date - 26th February, 2021

Share this:

26th February


Latest Jobs

Architect, Windchill PLM

West Chester, PA, USA Competitive Permanent

Posted on behalf of

Johnson & Johnson

About the job Job DescriptionJohnson & Johnson Technology (JJT), the Enterprise Technology group supporting all business functions under Johnson & Johnson is currently recruiting for an Architect,...

PLM Analyst

Manhattan Beach, CA, USA Competitive Permanent

Posted on behalf of


About the job Description: Company Overview Fisker Inc. is a design led pioneering mobility technology company researching, developing and producing next generation electrically power...

Application Consultant - Data Management Solutions

Quakertown, PA, USA Competitive Permanent

Posted on behalf of

Synergis Engineering Design Solutions

About the job Synergis Technologies, the region’s leader in data management, engineering, architectural, civil and manufacturing design solutions is searching for an engineering professional who is...

Looking for people to join your team?

Advertise your role with Momentum PLM. Get Started 

Looking to become a contributor?

Submit an article to Momentum PLM.  Get Involved 

Our Contributors

See the minds behind Momentum PLM.  Learn More 

Meet the Vendors

Read up on the latest vendor updates  Learn More 

Get the latest PLM updates in your inbox

Subscribe to our newsletter

Email Address


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By submitting your email address and any other personal information on the website, you consent to it being collected, held, used and disclosed in accordance with our Privacy Policy.