Nikola Investor Day Presentation Deck
5 2
PAGE
V1OXIN
HYDROGEN DISPENSING (1)
Nikola plans to partner with both strategic and financial partners to build out dispensing stations to reduce CAPEX and improve speed to market
1) PRODUCTION
b
STRUCTURE & IMPACT
STRATEGIC &
FINANCIAL
PARTNERS
NIKOLA +
Partners help offset CAPEX and increase
speed to market
Modular construction designed to allow for
gradual phase-out of diesel pumps at
existing fueling lanes (reduces timing risk
for station operators)
Nikola Bundled Lease brings H₂ DEMAND,
"Supply Co." brings station H₂ SUPPLY
1) Based on current expectations; subject to change
2) Nikola plans to own 0% - 100% of any dispensing station SPV
Illustrative; subject to change
3)
NIKOLA
"Supply Co."
2) DISTRIBUTION
STATION SPECS(3)
~105-~ 210
4-8+ TPD → ability to support 105-
210+ bundled leases
Initial 4-8+ TPD dispensing
4-8+ capacity Modular for expansion
flexibility
700
700 bar pressure (~10,000 psi)
~20 min fuel time, similar to diesel
ANNOUCNED PARTNERS
TA
Retail Stations
Beta station expected to be
operational 1H 2023
-
OPAL
FUELS
Behind the Fence
Individual large
customers
3) DISPENSING (2)
π
ECONOMICS
REVENUE
MOLECULE
COST
DISPENSING
COST
DISPENSING
MARGIN
Nikola bundled-lease customers
and other third parties
Price of Hydrogen set by
"Supply Co."
CAPEX and costs of operating
dispensing station
Shared based on ownership
in each individual
dispensing SPVView entire presentation