Nikola Investor Day Presentation Deck slide image

Nikola Investor Day Presentation Deck

39 / PAGE VTOMIN COOLIDGE MANUFACTURING OVERVIEW FACILITY PROGRESS JULY 2020 NIKON Groundbreaking ceremony NIKOLA HQ (Phoenix, AZ) ~50 miles\ MANUFACTURING FACILITY (Coolidge, AZ) EST. TIMELINE (1) PLANT CAPACITY (# of trucks) PHASE BREAKDOWN DECEMBER 2020 Install first steel columns COMPLETED JULY 2021 PHASE 0.5 ~1,200 Pilot line, core facilities and buildings JULY 2021 1) Estimated; subject to change 2) Inclusion of paint and weld facilities subject to final make vs. buy decision Core facilities, assembly, and test road installed āœ“ Greenfield facility to support BEV and FCEV truck manufacturing āœ“ Fuel-cell power module assembly expected by 2023 in support of the initial Tre FCEV production Bosch will provide key components for fuel-cell power module assembly COMPLETED MARCH 2022 PHASE 1.0 NOVEMBER 2021 ~2,400 Main assembly hall expansions Assembly expansion area started Q1 2023 PHASE 2.0 ~20,000 FEBRUARY 2022 Introduction of cab assembly process line Assembly expansion area completed 2024 PHASE 3.0 Milestone Completed ~45,000 Addition of weld and paint buildings/infrastructure (2)
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