Nikola's hydrogen trucks hit the auction block

Nikola's hydrogen trucks hit the auction block

Nikola's hydrogen trucks are officially up for auction, one of the company's last big steps in unloading all of its assets after filing for bankruptcy in February.

The vision of emission-free heavy duty transport ends under the auction hammer. Nikola's hydrogen trucks are auctioned after insolvency.

Like the rest of the vehicles on the road, trucks, vans and buses have to adapt their mobility to reduce polluting emissions. Nikola has long been the great hope for hydrogen trucks. However, the company has not managed to survive its problems and three months ago decided to declare bankruptcy. Lack of liquidity forced them to close the factory and today a public auction puts for sale all the objects of it with the intention of settling the nume…

Nikola’s hydrogen trucks hit the auction block - Hydrogen Central

Nikola’s hydrogen trucks hit the auction block Nikola’s hydrogen trucks are officially up for auction, one of the company’s last big steps in unloading all of its assets after filing for bankruptcy in February. Auction house Gordon Brothers reached an agreement with Nikola in Delaware bankruptcy court to purchase the hydrogen trucking assets late last week. Over the weekend, Gordon Brothers published the listing and a brochure detailing everythi…

Nikola's Hydrogen Truck Assets Go to Auction as Company Winds Down

Nikola’s remaining hydrogen trucking assets are now officially up for auction, signaling one of the final steps in the electric truckmaker’s ongoing liquidation process after filing for bankruptcy earlier this year. Auction house Gordon Brothers, which finalized a purchase agreement in Delaware bankruptcy court last week, has launched the sale of approximately $114 million in [...] The post Nikola’s Hydrogen Truck Assets Go to Auction as Company…