Nikola Investor Day Presentation Deck slide image

Nikola Investor Day Presentation Deck

PAGE VOXIN IDENTIFIED BATTERY PACK SUPPLY CHAIN COST SAVINGS OPPORTUNITIES A significant portion of the potential 30-40% cost reduction in non-cell related battery pack costs expected to be driven by supply chain optimization ELECTRONIC BOARDS Leverage Nikola's supply base to secure better pricing and more consistent delivery on electronic components and assembly ENCLOSURE ● Switch from machined to casted Requires tooling investment of ~$750K 30-40% Reduction vs. original supply agreement COST SAVINGS BY COMPONENT THERMAL AND OTHER Includes additional savings opportunities for thermal, fasteners, plastic components, metal, harnesses and other ● ● ● Combined purchasing power and strong supplier relationships enhances the ability to source Thermal component localization in Mexico as next step Incremental savings from increased yield and process efficiency as well as lower labor content expected to further supplement supply chain savings
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