Trucks-as-a-service company Hyroad bought all of Nikola’s remaining hydrogen trucks, some parts, supporting software, and IP assets. Hyroad plans to continue to support the Nikola trucks that are ...
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Hydrogen and EV Truck Maker Nikola Is Bankrupt
It’s been a wild ride for the ambitious maker of large trucks, including a big-dollar deal with GM and a high-profile fraud conviction for its founder. But now, it’s bankrupt. Nikola’s rise was ...
Hyroad Energy will buy much of bankrupt truck manufacturer Nikola’s remaining physical assets and all its intellectual property for $3.85 million, according to court documents. Judge Thomas Horan, of ...
Hyroad Energy bought Nikola's inventory and the intellectual property, though initially the trucking-as-a-service provider was only looking to buy the inventory, Hydrogen fuel cell electric truck ...
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