Nikola SPAC Presentation Deck

HYDROGEN STATIONS OVERVIEW ADVANTAGES OF HYDROGEN Heavy Duty Fuel Cell Vehicles are capable of having ranges & fueling times equal to that of today's diesel trucks Hydrogen Fuel Cell Vehicles have the same benefits of electric vehicles as they use the same electric motors (more horsepower, instant torque, zero emissions, etc.) while eliminating many issues derived from battery electric vehicles (long recharge times, limited range, cold start, added weight, etc.) ● H₂ ZERO EMISSIONS HYDROGEN FUEL CELL ECOSYSTEM OVERVIEW RENEWABLE POWER GENERATION Hydrogen fuel cell vehicles share the benefits of battery electric vehicles with an extended range for long-haul duty HEAVY DUTY FAST FUELING ONSITE CONVERSION OF ELECTRICITY TO HYDROGEN VIA ELECTROLYSIS nel: ONSITE HYDROGEN STORAGE SUPPLY LONGER RANGE FAST 70 MPA FUELING STATION N FAST 70 MPA HYDROGEN DISPENSER LESS WEIGHT HYDROGEN FUEL CELL VEHICLE N 20

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