Nikola’s hydrogen trucks hit the auction block

Nikola’s hydrogen trucks are set to hit the auction block as part of its Chapter 11 bankruptcy process, with Gordon Brothers acquiring a massive shipment worth $114 million, including 103 fully fueled vehicles and essential components. The sale marks a key step for the company as it works toward a clean energy future, while Lucid Motors recently acquired Nikola’s Arizona facility in exchange for $30 million in consideration. With hydrogen fuel struggling to gain traction amid political headwinds, the auction comes at a pivotal moment for electric vehicle adoption and sustainability efforts.