Nikola Investor Day Presentation Deck

2 PAGE VTOMIN THE NIKOLA TRE EVOLUTION Leveraging the IVECO S-WAY has increased speed to market for Nikola's BEV and FCEV Tre programs IVECO S-WAY IVECO LAUNCHED JAN 2019 ● ● IVECO Driver-centric design Europe focused NIKOLA TRE: BEV EXP. COMMERCIAL DELIVERIES: Q2 2022 PRE-SERIES DEMO DELIVERY: Q4 2021 (TTSI) ● ● ● Redesigned cab Platform Electrification (BEV) Up to 350-mile zero-emission range NIKOLA TRE: FCEV EXP. COMMERCIAL DELIVERIES: Q4 2023 NIKOLA ALPHA-SERIES DEMO DELIVERY: Q1 2022 (AB) Leverages existing Nikola Tre platform Fuel-Cell integration (FCEV) Up to 500-mile zero-emission range SPECIFICATIONS SUBJECT TO CHANGE

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