Non-Binding Indication of Interest Deadline: June 18, 2025
NEW YORK, June 11, 2025 /PRNewswire/ — Hilco Streambank (www.HilcoStreambank.com), a market-leading advisory firm specializing in the monetization of intangible assets, announced today that it is seeking offers to acquire the intellectual property and related intangible assets of Nikola Corporation (“Nikola“), a pioneer in hydrogen fuel cell and battery-electric vehicle technologies.
Indications of interest are due June 18, 2025.
Founded in 2015, Nikola led the development of proprietary technology for the next generation of zero-emission vehicles and associated hydrogen infrastructure. The company manufactured both battery-electric and hydrogen fuel cell Class 8 trucks, with nearly 330 units delivered to date. Nikola’s vehicle-to-cloud digital ecosystem and hydrogen refueling systems are supported by a portfolio of differentiated IP assets with broad application across clean mobility and energy markets.
Available Assets Include
-
Full-Stack Vehicle-to-Cloud Software Platform – Supporting advanced diagnostics, remote configuration, route analytics, and encrypted fleet management
-
Active U.S. & International Patents and Applications – Covering fuel cell systems, battery management, thermal systems, EV drivetrain design, hydrogen refueling, and more
-
Registered U.S. & International Trademarks & Domain Names – Featuring the globally recognized NIKOLA® brand
-
5 Million+ Miles of Real-World EV Truck Analytics – Enabling insight-rich optimization for commercial fleet operations
“Nikola has developed a robust portfolio of innovative solutions across hydrogen and battery-electric vehicle technologies, with global brand equity and a strategic patent portfolio cited by leading OEMs,” said David Peress, Executive Vice President of Hilco Streambank. Peress continued, “This portfolio offers a compelling range of opportunities for a broad spectrum of buyers including vehicle OEMs looking to accelerate hydrogen or battery-electric programs, energy companies pursuing vertical integration, or technology investors seeking a defensible and scalable platform in the software-defined vehicle space, this offering delivers the tools to support rapid innovation, market entry, and strategic differentiation.”
Interested parties may submit offers for all or a portion of the assets. For further information or to request access to diligence materials, please contact the Hilco Streambank deal team at project+nikola@hilcoglobal.com.
