Nikola's hydrogen trucks hit the auction block
- Nikola Corporation filed for bankruptcy in February 2025 and is auctioning its hydrogen trucking assets through Gordon Brothers across multiple locations in North America.
- The bankruptcy followed years of financial difficulties and unfulfilled promises amid slow market adoption and challenges in hydrogen fuel technology for heavy trucks.
- The auction includes 103 fully operational hydrogen fuel cell trucks, spare parts, storage, refueling, and testing equipment valued at around $114 million.
- Gordon Brothers finalized a deal in Delaware bankruptcy court to manage the sale of Nikola’s hydrogen-related assets, while Lucid Motors recently bought Nikola’s manufacturing plant in Arizona along with approximately 300 employees for about $30 million.
- The asset sale marks one of Nikola’s final liquidation steps amid ongoing political debates over federal support for hydrogen power, which has struggled to gain viability in transportation.
11 Articles
11 Articles

Gordon Brothers & Nations Capital Offering for Sale Nikola’s Hydrogen Business Machinery & Inventory
Boston, May 21, 2025 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, and Nations Capital, a Gordon Brothers Company, are offering for sale by private treaty all the machinery and inventory related to Nikola Corporation's hydrogen business.
103 Nikola Tre Hydrogen Trucks Are Up for Auction After Company's February Bankruptcy
After Nikola officially declared bankruptcy in February, 103 of its trucks and tons of equipment are up for auction. The post 103 Nikola Tre Hydrogen Trucks Are Up for Auction After Company’s February Bankruptcy appeared first on The Fast Lane Truck.
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…
Coverage Details
Bias Distribution
- 83% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage