Nikola SPAC Presentation Deck
NORTH AMERICA
BEV TRUCK TIMELINE
PROJECTED ROAD MAP TO FLEET TESTING (2020-2021)
• Plan: Take the current Iveco S-Way platform and electrify the powertrain
. Iveco Responsibilities: Cab, chassis, and vehicle integration
Nikola Responsibilities: e-Axle (motors and inverters), battery pack, BMS, vehicle controls strategy, and infotainment
Projected Schedule:
Unveil first truck in Hanover on Sept. 24, 2020
Milestones
Engineering/
Design
Purchasing/
Sourcing
Vehicle Build
Vehicle
Validation
ⒸUtilize Iveco's Ulm facility in Germany for prototype, pre-series, and low volume builds in 2020 and 2021
Begin limited testing with fleets in Q4 2020
Enter low volume production in Q1 2021
2020
2021
2022
Jan Feb Mar Apr May Jun July Aug Sept Oct Nov Dec Jan Feb Mar Apr May Jun July Aug Sept Oct Nov Dec Jan Feb Mar Apr May Jun
*
SOP
(US Market-US Build)
Start Pilot
Builds
IAA Hanover
Show
ENGINEERING AND DEVELOPMENT
RELEASE ENGINEERING
SUPPLIER IDENTIFICATION/SOURCING
TOOLING BUILD
COMPONENT/SUB ASSEMBLY BUILD
APQP PROCESS
PROTOTYPE BUILDS/3 BUCKETS OF 4
COMPONENT VALIDATION
Nikola's partnership with Iveco accelerates the
development and production of a BEV truck, shortening
its go-to-market strategy by 1 to 12 years
VEHICLE VALIDATION
SOP
(US Market - EU Build)
Fleet Test Units
PRE-SERIES BUILDS
PPAP
EVENT
LV BUILDS (US MARKET / EU BUILD)
US MARKET (COOLIDGE, AZ)View entire presentation