Have you dreamed of owning an entire fleet of Nikola hydrogen trucks on the cheap? Maybe not, but some buyer will eventually snap up all this inventory.
It’s been a tough few years for electric truck startups, and Nikola Corporation finally through in the towel this February after a decade of huge promises, scandals and dire financial straits. Nikola’s loss can be your gain, though, as auction firm Gordon Brothers Group, LLC is auctioning off 103 “fully operational” Tre hydrogen fuel-cell trucks, a host of spare parts, complete hydrogen fuel cell stack modules and a ton more equipment from Nikola’s former Arizona manufacturing operation.
Electric rival Lucid Motors bought out the Nikola manufacturing facility in Coolidge, Arizona and Nikola’s Phoenix headquarters in April, expanding its footprint beyond the nearby Casa Grande facility where it builds the Air sedan and Gravity SUV.
Gordon Brothers lists the value of the assets up for sale here in excess of $120 million, though of course it’s anyone’s guess what the trucks and all the equipment will actually go for. The assets are spread across several facilities as well, including the Coolidge plant, the Hydrogen Facilty for Advanced Storage Systems Testing (HyFASST) facility in Phoenix and support locations in Arizona, California and up in Canada.
While these trucks obviously won’t go out to the general public, it will be interesting to see who ultimately snaps up a bankrupt hydrogen truck manufacturer’s assets. Will they go to a rival startup, or would a larger company also working on hydrogen truck development (like Hyundai, Honda or Toyota) snap up the equipment? If you have the means, you could feasibly bid on the equipment…Gordon Brothers is setting up viewings by appointment.
A few Nikola Tre trucks did actually make it out to customers, with the company claiming 203 deliveries in 2024 and 79 in 2023.
While the future clearly isn’t here with this particular truck, Andre did get a chance to drive the ill-fated Tre in the video below:
