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Hyroad Energy Acquires 113 Hydrogen Fuel Cell Trucks from Nikola Bankruptcy, Accelerating Zero-Emission Commercial Fleet Deployment

2 months ago
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Hyroad Energy Acquires 113 Hydrogen Fuel Cell Trucks from Nikola Bankruptcy, Accelerating Zero-Emission Commercial Fleet Deployment

Key Insights

  • Hyroad Energy acquired 113 hydrogen fuel cell trucks, spare parts, software, and IP assets from the Nikola Corporation bankruptcy auction on August 8, 2025.

  • This strategic acquisition significantly expands Hyroad's fleet, enabling immediate deployment of proven hydrogen fuel cell technology for zero-emission commercial trucking.

  • The company plans to deploy these Class-8 trucks primarily in California, simultaneously developing crucial hydrogen refueling infrastructure to support operations.

  • Hyroad will also offer support for existing Nikola trucks, aiming to foster continuity and growth within the nascent U.S. hydrogen-fueled truck market.

Hyroad Energy, a burgeoning provider of hydrogen-powered transportation solutions, announced on August 8, 2025, its strategic acquisition of 113 hydrogen fuel cell trucks, along with spare parts, software platforms, and intellectual property assets, from the Nikola Corporation bankruptcy auction. This significant transaction, originating from Austin, Texas, is poised to substantially expand Hyroad's operational fleet and accelerate its capacity to deploy zero-emission, hydrogen-fueled commercial trucks across key markets.

The acquisition represents a pivotal moment for Hyroad Energy, enabling the company to immediately scale its offerings and address the growing demand for sustainable heavy-duty transport. Dmitry Serov, CEO and Founder of Hyroad Energy, emphasized the strategic value, stating, "This acquisition significantly advances Hyroad’s mission to provide turnkey hydrogen trucking solutions that reduce the complexity and risk typically associated with adopting zero-emission technologies. These trucks and the corresponding equipment and systems represent immediate capacity to put proven hydrogen fuel cell technology on the road to meet demand for zero-emission trucks."

Beyond the vehicles themselves, the comprehensive acquisition encompasses critical supporting software systems and the operational infrastructure necessary for the effective deployment and ongoing maintenance of the fleet. Hyroad Energy has committed to establishing dedicated maintenance and parts facilities to ensure seamless operations and maximize vehicle uptime, a crucial factor for commercial fleet reliability.

Initial deployment of these Class-8 hydrogen fuel cell trucks will primarily target California, a state at the forefront of zero-emission vehicle mandates and clean energy initiatives. Hyroad Energy is actively developing hydrogen refueling infrastructure within California to support its expanding customer base and ensure efficient fleet operations. Furthermore, in a move designed to bolster market confidence and foster sector growth, Hyroad intends to extend support services to existing Nikola truck owners, facilitating the continued operation and expansion of hydrogen-fueled trucking in the United States.

Hyroad Energy operates on an innovative truck-as-a-service, pay-per-mile model, designed to mitigate the substantial upfront capital expenditures and operational complexities traditionally associated with transitioning to zero-emission fleets. This approach aims to make hydrogen fuel cell technology more accessible and economically viable for commercial operators seeking to reduce their carbon footprint and comply with evolving environmental regulations.