Nikola Results Presentation Deck

04 // PAGE NIKOLA TRE BEV UPDATE Second Batch Nikola Tre BEV Second Batch Nikola Tre BEV TRUCK UPDATES AI NIKOLA COOLIDGE FACILITY UPDATE ● ● KEY UPDATES (1) First batch of five (5) Alpha trucks: Deployed to proving grounds for the development and calibration of key electrification and chassis systems Achieved significant progress in bringing up / developing our electric propulsion system with vehicle controls, chassis calibration, controlled braking, and steering dynamics Vehicles continue to successfully progress through validation activities as we mature the calibration of key systems Second batch of nine (9) Beta trucks has been built and are in the U.S.: Include component level improvements and systems iterations from batch one learnings Three (3) trucks from the second batch have been commissioned and are undergoing validation at proving grounds Remaining six (6) trucks are undergoing commissioning and will transition to validation activities at proving grounds in August Testing will consist of running accelerated durability to represent seven (7) years of use, aggressive vehicle dynamics maneuvers with trailers and payload for stability testing, along with noise and vibration/harshness Significant progress in the validation with the second batch will lead to validation on public roadways later this year 1) All dates that are in the future are anticipated, planned, and subject to change ULM FACILITY UPDATE WVR DEALER NETWORK Q2 2021 RESULTS Q3 & FY 2021 OUTLOOK APPENDIX

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