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Hyroad Energy Acquires Hydrogen Fuel Cell Trucks to Accelerate Deployment of Zero-Emission Commercial Fleets

On Aug. 8, 2025, Hyroad Energy announced its acquisition of physical assets and IP from Nikola Corporation’s bankruptcy auction for $3.85 million, agreed on July 31.
After agreeing July 31, Hyroad secured court approval on Aug. 6, with Judge Thomas Horan, U.S. Bankruptcy Court for the District of Delaware, calling it the only 'actionable offer'.
Including 103 hydrogen fuel cell electric tractors and 10 loaner and demonstration FCEVs valued at a combined $51.74 million, Hyroad's asset sale also included raw material, subassembly and finished goods valued in excess of $114 million and Hyla mobile assets valued at more than $14 million.
Hyroad will deploy the trucks primarily in California, supporting Nikola trucks and developing hydrogen refueling infrastructure, as part of its efforts to expand zero-emission commercial fleets.
Set to go online in 2025, the 'zero-loss' liquid hydrogen refueling station in Dallas will expand Hyroad’s infrastructure and support the US hydrogen truck market, said Dmitry Serov.

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Hyroad Energy Acquires Hydrogen Fuel Cell Trucks to Accelerate Deployment of Zero-Emission Commercial Fleets

AUSTIN, Texas, Aug. 8, 2025 /PRNewswire/ -- Hyroad Energy, a pioneer in hydrogen-powered transportation solutions, today announced its acquisition of 113 hydrogen fuel cell trucks, spare parts, the software platforms and IP assets from the Nikola Corporation bankruptcy auction. The…

2 days ago·Denton, United States

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