Nikola Hydrogen Trucks Go to Auction: What’s for Sale and Why It Matters
If you’re searching for what happened to Nikola’s hydrogen trucks or looking to buy hydrogen-powered vehicles and components, here’s the full scoop. In the wake of Nikola Corporation’s bankruptcy filing in February 2025, the company’s hydrogen truck assets have officially gone up for auction. This auction marks one of the final chapters in Nikola’s high-profile collapse—and it’s a major moment for investors, green energy advocates, and anyone interested in the future of hydrogen fuel cell technology.
Auction house Gordon Brothers, which specializes in liquidating distressed assets, has partnered with Nikola to handle the sale. According to court documents filed in Delaware, the deal was finalized last week, and by the weekend, a full listing and detailed brochure of the assets were published online. In total, $114 million worth of hydrogen trucking equipment is now up for grabs.
What’s Included in the Nikola Hydrogen Truck Auction?
The auction features an impressive array of clean energy transportation assets, including:
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103 hydrogen fuel cell-powered trucks, fully assembled and ready for deployment.
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Spare hydrogen truck batteries, tires, and critical sub-assemblies.
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Advanced hydrogen storage tanks, fueling systems, and testing equipment, some of which remain unused and in brand-new condition.
These items represent the cutting edge of hydrogen mobility technology, making the auction a rare opportunity for buyers in the alternative fuel space—particularly in sectors like logistics, fleet management, and green infrastructure.
Why Nikola's Assets Are Being Liquidated
This sale follows a broader trend of hydrogen energy startups facing financial pressure, as the market struggles with infrastructure gaps, high production costs, and shifting policy landscapes. Nikola's downfall was partly due to these industry-wide headwinds, despite its early promise as a trailblazer in zero-emission transport.
Adding to this challenge is a political shift: U.S. House Republicans are now pushing to scale back funding for hydrogen energy, reversing incentives that were part of President Biden’s climate agenda. These policy changes cast uncertainty over hydrogen’s future as a scalable energy source, potentially affecting investor confidence and adoption rates.
Lucid Motors Steps In: A Glimmer of Hope?
Amid the asset fire sale, one bright spot has emerged. Lucid Motors, another EV startup, recently acquired Nikola’s Arizona manufacturing plant and headquarters for about $30 million in cash and non-cash consideration. As part of the deal, Lucid agreed to absorb roughly 300 of Nikola’s employees, preserving valuable talent and potentially repurposing the facility for its own EV production plans.
The Future of Hydrogen Trucks and Clean Transport
As hydrogen-powered transport continues to seek its place in the global energy mix, the Nikola auction offers a telling glimpse into the current state of the market. The availability of nearly-new, high-value hydrogen vehicles and components may appeal to companies willing to invest in long-term clean energy infrastructure—especially in sectors where renewable energy, zero-emission logistics, and hydrogen fleet conversion are strategic priorities.
Still, the industry’s future will depend on a stable policy environment, advancements in hydrogen fuel technology, and sustained investment in clean energy alternatives.
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