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UK’s FirstGroup invests £1m in KleanDrive, to electrify existing buses

KleanDrive is excited and grateful to announce a significant investment from industry leader, FirstGroup. This partnership is a strong endorsement of our technology, business model, and, most importantly, our mission to quickly eliminate dirty diesel from our streets.

This transaction represents our first venture investment and is consistent with our focus on accessing new and innovative solutions through targeted investments. KleanDrive’s cutting edge technology offers a complementary option, and greater coverage, to support fleet operators in their decarbonisation efforts.

Faizan Muhammad, Investment Director of FirstGroup Energy Limited

We are delighted at FirstGroup’s investment and as part of this we welcome Faizan Muhammad onto the board as both a strategic investor and a partner in driving the future of zero-emission transport. We are offering fleet operators across the UK a real, actionable pathway to decarbonise—without waiting years for new vehicles. Repowering existing fleets with the latest electric technology allows operators to extend vehicle life, reduce emissions, and materially lower costs.

Joe Tighe, CEO of KleanDrive

24th September 24