Diamond Member Pelican Press 0 Posted May 21, 2025 Diamond Member Share Posted May 21, 2025 This is the hidden content, please Sign In or Sign Up 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 This is the hidden content, please Sign In or Sign Up . 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 This is the hidden content, please Sign In or Sign Up and a This is the hidden content, please Sign In or Sign Up detailing everything for *****. The auction house says it has around $114 million worth of hydrogen trucks, raw material, and sub-assemblies. That includes 103 finished hydrogen fuel cell-powered trucks, along with spare batteries, tires, and other components. Gordon Brothers is also auctioning off Nikola’s hydrogen storage, refueling, and testing equipment, some of which is still brand new. The hydrogen assets are hitting the market a little more than a month after EV startup Lucid Motors emerged as the This is the hidden content, please Sign In or Sign Up of Nikola’s Arizona manufacturing facility and headquarters. Lucid also agreed to bring around 300 Nikola employees on board as part of that transaction, in exchange for roughly $30 million in cash and non-cash considerations. Gordon Brothers will now look to auction these assets at a time when hydrogen as a fuel source has struggled to become a viable option. The technology also faces fresh headwinds. House Republicans are This is the hidden content, please Sign In or Sign Up for hydrogen power signed into law by former President Biden as part of a larger attempt to dismantle his entire climate agenda. This is the hidden content, please Sign In or Sign Up #Nikolas #hydrogen #trucks #hit #auction #block This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/255228-nikola%E2%80%99s-hydrogen-trucks-hit-the-auction-block/ Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.