Hundreds of jobs could be created in Wales if a project to develop a lightweight, hydrogen-fuelled car in Powys takes off. Riversimple Engineering has relocated to Llandrindod Wells from Ludlow with £3.5m Welsh government backing.
A new design of carbon-fibre car doing the equivalent of 240 miles per gallon is due to take to the road this summer. The next goal would be to produce 20 cars for a 12-month public trial and then mass production.
As a mark of its green credentials, the company intends to lease rather than sell the vehicles, designed to last for 15 to 20 years. If a trial proves successful, the next step would be volume production in a factory employing 220 people, making 5,000 cars a year in a location to be decided.