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 ...
EV makers, including Fisker, Ideanomics, and Nikola, filed for bankruptcy. Inflation, high interest rates, and recalls led to financial difficulties, shutdowns, and asset liquidations. A commercial EV ...
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 ...
It’s been a decidedly weird month in the heavy truck world, and it just keeps getting weirder. Hydrogen shipping startup Hyroad Energy has acquired Nikola Motor’s hydrogen assets and IP, including 113 ...
The commercial truck and equipment company files for Chapter 11 bankruptcy, facing a glut in the used-equipment market.
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