Nikola Investor Day Presentation Deck
JAMESON A. ASKED:
"What should I expect about Nikola in the next 2-5 years?"
NIKOLA RESPONSE:
You should see us scaling our BEV and FCEV trucks in both North America and Europe over the
next 2 - 5 years and see the rollout of our Hydrogen Infrastructure buildout in North Am
We began making commercial deliveries of our Tre BEV in the second quarter of 2022 and
currently plan to begin commercial deliveries of our FCEV trucks in the second half of 2023.
Phase 2 of our Coolidge Plant construction is expected to be completed by the first quarter of
2023.
Upon completion of Phase 3 in Coolidge our nameplate capacity will reach 45,000 units per
year. In Europe, we plan to begin delivering EU Spec Tre BEV trucks and EU Spec FCEV trucks
in the second half of 2023 and 2024 respectively.
On the energy side, we announced during our second quarter 2022 earnings call three
hydrogen dispensing station locations in Southern California along highly travelled trucking
corridors, and near customer depots in Colton, Ontario, and a location serving the Port of Long
Beach. We plan to announce the location of our first hydrogen production hub in Arizona. This
is in addition to our previously announced collaboration with TCE for a production hub located
in Crossfield Alberta, as well as our 20% equity interest in WVR in Terra Haute, Indiana, with the
right to offtake 20% of the Hydrogen produced at the facility once operational.
As these plans were made before the passage of IRA, we believe the Act's passage will provide
Nikola with additional tailwinds in executing our mission of accelerating commercial
transportation to clean energy.
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