EV Production Scaling and Financial Overview

Increasing EV Throughput with New EV Build Up Center EV BUILDUP CENTER ◉ Increased production in Third Quarter from 2 EV's per day to 4 per day, on one shift ▪ Later this year, increasing production up to 6 EV's per day on one shift ■ Opportunity to build 12 per day on two shifts ■ New footprint will support expansion of throughput to 20 per day, as demand grows Scaling production capacity up to 20 EV school buses per day, as market develops BLUE BIRD 18

View entire presentation