Nikola Investor Day Presentation Deck

NIKOLA TWO ALPHA FUEL CELL SYSTEM BOSCH-POWERCELL TWINBOX System power 240kW total 2x 120kW Stack Gross 2x 100kW System Net Based on PowerCell S3 Stack Alpha/Beta level Balance of Plant components Shock, Vibration Resistant Series suppliers for Stack (Freudenberg, Umicore, DANA, etc.) POWERCELL* [Complete fuel cell stack] "Images from PowerCell website FREUDENBERG INNOVATING TOGETHER [Gas diffusion layer] DANA Complete metalic bipolar plates with integrated seal Sadal umicore Fuel col catalyst powder] GreenerityⓇ [Complete integrated layer membrane electrode assemblies

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