Insights

Over the past few weeks, Niall Riddell, (CEO and Co-founder of Paua) and I have been comparing notes on the sheer pace of activity across the European eHGV landscape. It’s a sector that’s no longer “emerging” - it’s accelerating, diversifying, and becoming far more interconnected than many realise.

So, we decided to map it.

Together, we’ve created a comprehensive view of the companies pushing the heavy‑duty transition forward - charging operators and developers, hardware and software providers, ‘as‑a‑service’ models, vehicle manufacturers, operators, hauliers and more across the value chain.

What became clear very quickly is just how fluid this ecosystem is. Many organisations sit across multiple categories, and innovation is happening in parallel rather than in silos. This first edition captures a broad and representative snapshot, though we know there are more trailblazers out there redefining how zero‑emission freight will operate.

As such, future iterations will expand further, especially across operators, developers and the deeper layers of the value chain.

We’ll also be exploring the three fundamentals that ultimately determine whether scalable, zero‑emission logistics becomes reality: Talent, Capital and Collaboration.

At Hyperion, we’re deeply embedded in helping the companies driving the energy and mobility transition to scale - because let's face it, none of this happens without the right leadership talent and teams in place.

And equally, none of the companies featured will deliver zero‑emission freight alone. This transition depends on partnerships, interoperability, shared infrastructure and a willingness to collaborate across traditional boundaries. Collective progress will be the real catalyst for a fully decarbonised heavy‑duty sector.

And of course, none of this happens without committed capital. The continued growth of the organisations featured here is only possible thanks to Europe’s impact‑driven investors. Austin Wood and the team at SET Ventures are doing hugely important work on that front (check out their latest report on the topic of eHGV's).

We hope you find this market map useful. If you’re active in this space or feel you should be featured in future editions - I’d love to hear from you.

All the best,

Steve

View our European eHGV Market Map here