Nikola Investor Day Presentation Deck
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VOXIN
COMPELLING STRATEGIC RATIONALE
1
Vertical integration and single product focus allow significant opportunity for operational improvement and cost
reduction for one of the most expensive components of the Bill of Materials (BOM)
NIKOLA
2
ROMEO POWER
1) Battery Management System
5
Integrated commercial vehicle electrification platform will lead to manufacturing excellence and expected
annual cost savings of up to $350mm by 2026
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Provides Nikola with domestic battery pack manufacturing capability, complementing Nikola's
commitment to dual-source battery pack strategy to satisfy capacity needs
Proven battery pack technologies and a significant battery cell supply agreement in place
Brings deep battery and BMS(1) engineering capabilities in-house with minimal capital outlay; expected to
accelerate Nikola's product development, increase range and charge rates, and improve customer experiences
6 Nikola is Romeo's largest production customer, and the parties have strong ongoing engineering collaborationView entire presentation