A Tiger Group online auction on May 30 gives fleet operators, repair shops, carmakers and other potential buyers the chance to bid on $10 million in parts, tools, equipment and EVs formerly owned by Lightning eMotors.
The Loveland-based company converted conventional, fossil fuel-burning vehicles into zero-emission EVs for fleet-operating customers that included municipalities, school systems and medical businesses. Its operations were not continued after it entered receivership and was purchased by a third party.
“Lightning eMotors developed an efficient process for adding new drivetrains, electric motors and battery packs to existing chassis,” Chad Farrell, managing director at Tiger Commercial & Industrial, said. “Fleet operators can achieve their ESG goals or just run cleaner by acquiring select groupings of assets in this sale. It’s a great opportunity.”
The timed, online auction of assets from the 250,000-square-foot Loveland facility closes on Thursday, May 30, at 10:00 a.m. MT. Bidding opens Thursday, May 23 at 10:00 a.m. MT at SoldTiger.com. All assets will be sold as-is, where-is without representations or warranties.
The late-model EVs (2021-2023) include Chevrolet Express 4500 Cutaways; Ford F450 box trucks; Ford F350 transit cargo vans; GMC 4500 box trucks, as well as school and shuttle buses and trailers.
Also available are two dynamometers—a still-in-the-crate 2021 MAE Mustang MD-250-HD-AC-200HP 10K EOL chassis dynamometer with pop-up restraints and a 2021 MAE Mustang advanced engineering 2-wheel drive chassis dynamometer.
“We anticipate strong interest in these pieces among automotive dealers and repair shops—any potential buyer with a need to test engines,” Farrell said.
Other highlights include…
For asset photos, descriptions, important disclaimers and other information, visit https://soldtiger.com/sales/zero-emission-vehicle-manufacturer/
Inspections are available on Wednesday, May 29, from 10:00 a.m. to 4:00 p.m. MT. To arrange an inspection or obtain other information, email: [email protected] or call (805) 497-4999.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!