Nikola Investor Day Presentation Deck slide image

Nikola Investor Day Presentation Deck

38 PAGE V1OXIN MANUFACTURING OVERVIEW BACKGROUND PURPOSE ANNUAL PRODUCTION CAPACITY (1) START OF PRODUCTION NIKOLA HQ (Phoenix, AZ) MANUFACTURING FACILITY (Coolidge, AZ) COOLIDGE, ARIZONA ~50 miles Nikola's 400+ acre greenfield manufacturing facility One line capable of producing both, BEV and FCEV for North American market (2) Up to ~45,000 Total Capacity BEV/FCEV Units Commenced March 21, 2022 (Nikola Tre BEV for North America) AND ULM, GERMANY Repurposed existing IVECO facility to manufacture Nikola vehicles One line capable of producing both, BEV and FCEV for EU market (2) Up to 10,000+ BEV / FCEV Units Expected June 2023 (Nikola Tre BEV for European Market) 1) Maximum production capacity based on utilizing two 8-hour shifts in Phase 3; production and capacity targets are estimates and are subject to change. Product mix may be adjusted as necessary based on product demand 2) Nikola's modular manufacturing process is adaptable to meet customer demands, regardless of product type. Manufacturing overlap consists of components overlap (chassis, inverters, braking, human-machine interface, eAxles, steering, interior design, electrical systems) as well as process overlap (assembly production line, warehousing, welding/painting, administration office)
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