Why invest?

Because you want to be at the vanguard of the hydrogen transition

The green energy transition is upon us. We are moving towards the hydrogen age — this is a paradigm shift of a proportion equivalent to the rise of smart phones. Hendrik is a first mover, disrupting the ATV and UTV market with cutting edge hydrogen technology.

Because you want to make positive change by helping to decarbonise farming and recreational sports

Farmers need ATVs and UTVs to roam their fields, transport their supplies, and take care of their livestock. Adventure sport practitioners do not so much ‘need’ ATVs and UTVs as want them — and the pursuit of fun is a worthwhile human endeavour. Removing emissions and noise pollution from these domains means farmers can take care of their land and animals, and fans of adventure sports can take delight in the countryside — both without harm to wildlife or planet.

Because you’re on the lookout for a high growth rate

The combined annual growth rate (CAGR) for battery powered ATVs and UTVs is projected to be 23.4% for the next decade. A hydrogen-powered ATV or UTV can expect a similar rate.

Hendrik taps into a niche market of customers that are willing to pay premium prices. Yet, it is a market that is continually expanding, and in which prices are continually lowering. For instance, hydrogen is expected to reach fossil parity by the middle of the decade.

Moreover, the Hendrik skateboard will be able to expand into ever growing markets. Although our first focus is farming and recreational sports, we see potential future customers in city upkeep, rewilding and forest work, rescue services, airports, and the military.

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