NEW YORK -- Federal prosecutors in Manhattan on Thursday charged Trevor Milton, the billionaire founder of electric truck manufacturer Nikola, with securities and wire fraud. Authorities had been ...
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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 ...
Nikola, a startup that built electric and hydrogen fuel-cell semi-trucks, filed for bankruptcy earlier this year, and now its assets are up for grabs. The auction listing from Gordon Brothers includes ...
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 ...
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 ...
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 announced its acquisition of 113 hydrogen fuel cell trucks. The deal includes spare parts, software platforms and IP assets from the Nikola Corporation bankruptcy auction. The ...
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 ...
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