Nikola SPAC Presentation Deck

WORLD CLASS STRATEGIC PARTNERSHIPS... MARQUEE CO-DEVELOPMENT PARTNERS CNi/IVECO INDUSTRIAL International leader in the development, manufacture, marketing, and servicing of a vast range of light, medium, and heavy commercial vehicles Series D investor and partner in 50/50 European joint venture and North American production alliance - OTHER KEY INDUSTRY PARTNERS Hanwha One of the world's largest and most recognized photovoltaic manufacturers and energy providers • Series C investor and exclusive solar panel provider SEDAG • #1 global engineering service provider to the Commercial Vehicle industry for cab development • Cab and Chassis engineer Nikola's extensive network of strategic partnerships significantly reduces execution risks, improves commercialization timeline, and provides long-term competitive advantage . • BOSCH Leading global supplier of technology and services to automotive, industrial, energy, building technology, and consumer end markets with "410,000 employees and "$90B in annual revenue Series B and C investor and powertrain design (e.g., fuel cell, battery, VCU) co-development partner Any related IP will be jointly owned by Nikola nel. • Largest producer of electrolyzers and other hydrogen equipment Ryder • Series C investor and hydrogen production equipment supplier (electrolyzers and other components for hydrogen stations) Ever better. • Largest truck leasing company in the U.S. with over 800 service centers and 6,000 highly trained technicians Exclusive sales and service partner WABCO • Leading global supplier of braking control components and air management systems to medium- and heavy-duty trucks • Series B investor in Nikola and brake traction and stability control system developer AVL . World's largest independent company for the development, simulation and testing of powertrains • Designer and developer of first-in-class vehicle and hydrogen fuel cell test facility

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