Hyroad Energy, a pioneer in H2-powered transportation solutions, announced its acquisition of 113 H2 fuel cell trucks, spare parts, the software platforms and IP assets from the Nikola Corporation bankruptcy auction. The acquisition will significantly grow Hyroad's fleet and accelerate its ability to deploy zero-emission, H2-fueled trucks.
"This acquisition significantly advances Hyroad's mission to provide turnkey H2 trucking solutions that reduce the complexity and risk typically associated with adopting zero-emission technologies," said Dmitry Serov, CEO and Founder of Hyroad Energy. "These trucks and the corresponding equipment and systems represent immediate capacity to put proven H2 fuel cell technology on the road to meet demand for zero-emission trucks."
The acquisition includes the vehicles, supporting software systems, and operational infrastructure necessary to deploy and maintain the fleet. Hyroad will establish maintenance and parts facilities to support operations.
The trucks will be deployed primarily in California, where Hyroad continues to develop H2 refueling infrastructure to support its customers. In addition to deploying the purchased trucks, Hyroad also intends to offer support for the Nikola trucks that are already in customers’ hands to enable the continuity and growth of the H2-fueled truck market in the U.S.