In addition to the completed trucks, the sale includes 65 hydrogen fuel cell stack modules, lithium-ion battery cells valued at $3.8 million, and extensive spare parts such as axles, tyres, brake components and DC converters. Assets are located at Nikola’s manufacturing facility in Coolidge, Arizona, the HyFASST testing facility in Phoenix, as well as sites in California and Ontario, Canada.
The offering also includes brand-new HYLA-branded mobile and stationary hydrogen refuelling infrastructure. This comprises $14 million worth of never-installed fuelling equipment, including Linde compressors and cryo pumps, LH2 storage vessels, dispensers, buffer tanks, and control systems.
Nikola’s HyFASST facility, equipped with $7 million in testing and hydrogen storage assets installed in 2023, is also up for sale. The facility features high-pressure hydrogen compressors, a TUV-accredited test chamber, and an on-site vehicle refuelling system.
“This sale is an excellent opportunity for buyers to purchase brand-new hydrogen fuel cell electric vehicles (FCEVs), parts inventory, testing equipment, and refuelling and transport systems,” said Scott Ribeiro, Director, Commercial & Industrial, at Gordon Brothers.
The asset sale follows Nikola’s Chapter 11 bankruptcy filing in February 2025 in the United States Bankruptcy Court for the District of Delaware. At the time, the company held approximately $47 million in cash and announced plans to sell its assets under Section 363 of the U.S. Bankruptcy Code.
Nikola had launched North America’s first commercially available hydrogen-powered Class 8 truck and developed its HYLA hydrogen refuelling network, which dispensed over 330 metric tonnes of hydrogen before operations ceased. According to the company, customers had accumulated more than 3.3 million miles on Nikola’s FCEV and battery electric platforms prior to the bankruptcy.
