Ulm, Germany, 23 January 2023 – Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, and IVECO, the brand of Iveco Group (MI: IVG) that designs, manufactures, and markets heavy, medium, and light-duty trucks, today announced a Letter of Intent for an order of 100 Class 8, heavy-duty Nikola Tre hydrogen Fuel Cell Electric Vehicles (FCEVs) from GP JOULE, a system provider for integrated energy solutions based in Reussenkoege, Germany. The Nikola Tre FCEVs in the European 6×2 variant will be manufactured by the joint venture between Nikola and Iveco Group at the site created in Ulm, Germany.

Thirty of the initial 100 Nikola Tre FCEVs are expected to be delivered to GP JOULE within 2024. This will be followed by the delivery of the remaining 70 vehicles in 2025, with the possibility for GP JOULE to acquire them through GATE – Green & Advanced Transport Ecosystem, Iveco Group’s all-inclusive electric truck rental model. IVECO will provide the essential maintenance and service functions. GP JOULE will make the 100 Nikola trucks available to its customers in transport and logistics. The order is subject to GP JOULE’s successful application for KsNI funding, Germany’s program to support the acquisition of vehicles with alternative, climate-friendly drives. Furthermore, starting in 2026, GP JOULE and Iveco Group have agreed to market additional FCEVs to customers in Europe. GP JOULE will provide them with 100% green hydrogen at their hydrogen refueling station network.

Michael Lohscheller, President and CEO, Nikola Corporation, said, “The order from GP JOULE will be an example of how the Nikola Tre FCEV can further support commercial customers in Germany in their transition towards zero-emissions several years ahead of other OEMs, which helps to achieve the goal of decarbonizing the transportation sector.”

Andre Steinau, Managing Director at GP JOULE HYDROGEN, declared: “100% renewable energy for all, this is what drives us. Together with Nikola and IVECO, we offer our customers all the components for climate-neutral heavy-duty transport from a single source: from the production and purchase of green hydrogen to the hydrogen filling stations to the fuel cell trucks and service that meet their needs. This is the easy entry into emission-free freight transport.”

Simone Olivati, President, Financial Services, Iveco Group commented: “We are very pleased by the choice of GP JOULE and that with this agreement, thanks to our innovative GATE rental model, we will bring hydrogen mobility to customers in Germany and progress on the decarbonization of road freight transport. GATE is dedicated to meeting the needs of both battery and hydrogen fuel cell electric commercial vehicle customers, initially serving both the IVECO and Nikola brands. This agreement is a chance to start offering our comprehensive service based on a pay-per-use formula that will allow customers access to the propulsion of tomorrow.”

ABOUT NIKOLA CORPORATION

Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona.
For more information, visit nikolamotor.com or Twitter @nikolamotor.

NIKOLA CORPORATION FORWARD LOOKING STATEMENTS

Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the company’s expectations regarding its business, the potential benefits received from the LoI with GP JOULE, the effect of the LoI on company truck sales; the company’s business model and strategy; the company’s expectations regarding its projected truck builds and related specifications; the company’s expectations for its trucks and market acceptance of electric and hydrogen powered trucks; and market opportunity. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Nikola’s management and are not predictions of actual performance. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including but not limited to general economic, financial, legal, regulatory, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; the outcome of legal proceedings to which Nikola is, or may become a party; failure to realize the anticipated benefits of the recently completed business combination; the conversion of pre-orders into binding orders; risks related to the rollout of Nikola’s business and the timing of expected business milestones; the effects of competition on Nikola’s future business; the availability of capital; and the other risks detailed from time to time in Nikola’s reports filed with the Securities and Exchange Commission, including its quarterly report on Form 10-Q for the quarter ended September 30, 2022 and other documents Nikola files with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. These forward-looking statements speak only as of the date hereof and Nikola specifically disclaims any obligation to update these forward-looking statements.

NIKOLA MEDIA CONTACT

[email protected]

ABOUT GP JOULE

GP JOULE is active as an integrated energy supplier in all areas of the energy value chain: from production to consumption – and from consulting to financing and project planning to construction and service. GP JOULE produces and markets wind and solar power, green hydrogen and thermal energy, and uses the energy where it is most effective: in electric and hydrogen mobility, in households and in industry. This is how GP JOULE has been shaping the energy system with a future in Europe from Germany since 2009. For a secure, independent and sustainable energy supply. For 100% renewable energy for all. GP JOULE was awarded the German Mobility Prize 2022 for the hydrogen mobility project eFarm.
For more information, visit www.gp-joule.de

GP JOULE MEDIA CONTACT

Jürn Kruse
+49 4671 6074 213
+49 160 1540 265
[email protected]

ABOUT IVECO

IVECO is a brand of Iveco Group N.V. (MI: IVG) which designs, manufactures and markets a wide range of light, medium and heavy commercial vehicles, off-road trucks, and vehicles for applications such as off-road missions. The brand’s wide range of products include the Daily, a vehicle that covers the 3.5 – 7.2 tons vehicle weight segment, the Eurocargo from 6.5 – 19 tons and, in the heavy segment above 16 tons, the IVECO WAY range with the on-road IVECO S-WAY, the off-road IVECO T-WAY and the IVECO X-WAY for light off-road missions. Within Iveco Group, close to 21,000 individuals work for the IVECO brand globally, supported by 4,200 sales and service outlets in over 160 countries, guaranteeing technical support wherever an IVECO vehicle is at work.
For more information about IVECO, visit www.iveco.com
For more information about Iveco Group, visit www.ivecogroup.com

IVECO MEDIA CONTACT

Patrick Wanner
+49 160 9045 8356
[email protected]

PHOENIX –January 18, 2023 — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emission transportation and energy supply and infrastructure solutions, announced that it has developed an innovative, heavy-duty, 700 bar (10,000 psi) hydrogen mobile fueler capable of direct fueling hydrogen fuel cell electric vehicles (FCEVs).

Nikola’s mobile fueler program includes its own mobile fuelers as well as a number of third party mobile fuelers, which will provide Nikola’s customers with a variety of flexible fueling options.

“Nikola has spent the greater part of two years developing a flexible mobile fueling solution which cools and compresses hydrogen to rapidly fill 700 bar FCEV heavy-duty trucks,” said Nikola Corporation President and CEO, Michael Lohscheller. “Coupled with Nikola’s hydrogen tube trailer, with a capacity of 960 kg, Nikola’s mobile fueler can refuel customer trucks back-to-back. This will deliver flexible hydrogen fueling solutions for our customers starting in 2023 and will complement Nikola’s permanent hydrogen fueling stations which are being developed.”

Nikola’s first mobile fueler has completed commissioning and testing and has been released for market operation. Nikola has additional hydrogen mobile fuelers being commissioned in Q1 2023.

“Nikola’s mobile fueler program will be an integral part of Nikola’s flexible customer service in its early years by delivering hydrogen to its FCEV customers at locations which meet their needs,” said Carey Mendes, Nikola Corporation President of Energy. “Along with Nikola’s portfolio of hydrogen supply and permanent heavy-duty stations, these flexible mobile fuelers will ensure that our customers have complete coverage for their fueling needs.”

Nikola recently announced that it has received a California Air Resources Board (CARB) Zero-Emission Powertrain Executive Order that is a requirement for the Nikola Tre FCEV to be eligible for CARB’s Hybrid and Zero Emission Truck and Bus Voucher Incentive Project (HVIP) program.

Upon final HVIP approval, purchasers of the Nikola Tre FCEV in 2023 may be able to qualify for California’s state-based incentive valued at $240,000 per truck; $270,000 per truck for drayage fleets; or up to $288,000 per truck for fleets with (i) 10 trucks or less, (ii) performing drayage operations, and (iii) located within a disadvantaged community area. Eligible non-drayage fleets may secure up to 30 HVIP vouchers and drayage fleets may secure up to 50 vouchers.

In addition to the funding provided by HVIP, purchasers of Nikola’s Tre FCEVs will also qualify for an additional $40,000 clean commercial vehicle tax credit in 2023 from the federal government due to the passage of the Inflation Reduction Act.

With a range of up to 500 miles, the Nikola Tre FCEV is expected to have among the longest ranges of all commercially available zero tailpipe emission Class 8 tractors while realizing weight savings when compared to Class 8 BEVs with similar range. The Tre FCEV is well-suited for a variety of applications ranging from drayage and intermodal to metro-regional truckload and less than truckload to certain specialized hauling use cases.

ABOUT NIKOLA CORPORATION

Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero tailpipe emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit nikolamotor.com or Twitter @nikolamotor.

FORWARD LOOKING STATEMENTS

Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the company’s expectations regarding its business and the potential benefits received from mobile fuelers, the potential benefits received from the HVIP program, or similar incentive programs, and its effect on company truck sales; business model and strategy; the company’s expectations regarding its projected truck builds and related specifications; the company’s expectations for its trucks and market acceptance of electric trucks; and market opportunity. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Nikola’s management and are not predictions of actual performance. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including but not limited to general economic, financial, legal, regulatory, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; the outcome of legal proceedings to which Nikola is, or may become a party; failure to realize the anticipated benefits of the recently completed business combination; the conversion of pre-orders into binding orders; risks related to the rollout of Nikola’s business and the timing of expected business milestones; the effects of competition on Nikola’s future business; the availability of capital; and the other risks detailed from time to time in Nikola’s reports filed with the Securities and Exchange Commission, including its quarterly report on Form 10-Q for the quarter ended September 30, 2022 and other documents Nikola files with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. These forward-looking statements speak only as of the date hereof and Nikola specifically disclaims any obligation to update these forward-looking statements.

NIKOLA MEDIA CONTACT

[email protected]

PHOENIX — January 17, 2023 — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, today announced it will report its fourth quarter and full year ended December 31, 2022 financial results on Thursday, February 23, 2023. On that day, Nikola’s management will hold a conference call and webcast at 10:30 a.m. ET (7:30 a.m. PT) to review and discuss the company’s business and outlook.

To augment Nikola’s engagement with its shareholders and strengthen communication with investors, Nikola will utilize a Q&A platform developed by Say Technologies to allow verified retail and institutional investors to submit and upvote questions. Management will address a selection of the questions relating to Nikola’s business and financial results on the earnings call.

The platform will open February 15, 2023, at 10 a.m. ET (7 a.m. PT) and close on February 22, 2023, at 10 a.m. ET (7 a.m. PT). To submit questions, please visit https://app.saytechnologies.com/nikola-corporation-2022-q4.

What: Date of Nikola Q4 and Full Year 2022 Financial Results and Q&A WebcastWhen: Thursday, February 23, 2023
Time: 10:30 a.m. ET (7:30 a.m. PT)
Webcast: https://nikolamotor.com/investors/news?active=events (live and replay)

An archived webcast of the conference call will be accessible from the Investor Relations section of the company’s website https://nikolamotor.com/investors/news?active=events.

ABOUT NIKOLA CORPORATION

Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit nikolamotor.com or Twitter @nikolamotor.

INVESTOR RELATIONS

[email protected]

MEDIA RELATIONS

[email protected]

PHOENIX – January 13, 2023 — Nikola Corporation (Nasdaq: NKLA), a global leader in zero emission transportation and energy supply and infrastructure solutions, today announced that it is moving its battery manufacturing from Cypress, Calif. to its Coolidge, Ariz. manufacturing facility. The move, which the company expects to complete by early Q3, brings Nikola’s truck assembly, fuel cell power module assembly, and battery module and pack production under one roof and includes battery line automation geared toward improving quality and increasing efficiencies.

The company intends to maintain manufacturing operations in Cypress through the end of Q2 2023, while it brings its production capabilities in Coolidge online and works through a detailed transition plan to prevent manufacturing disruptions.

“This decision reinforces our commitment to finding ways to optimize our cost structure and create a sustainable business model,” said Michael Lohscheller, Nikola Corporation President and CEO. “We remain focused on meeting our 2023 milestones, including pack and module production targets.”

A battery engineering presence is expected to remain in California at a separate facility to focus on the development of Nikola’s next generation battery management system software and modules.

Nikola completed the acquisition of Romeo Power on October 14, 2022.

ABOUT NIKOLA CORPORATION

Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero tailpipe emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit nikolamotor.com or Twitter @nikolamotor.

FORWARD LOOKING STATEMENTS

Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the company’s expectations regarding the potential benefits received from moving battery manufacturing to Coolidge, Arizona and its effect on company cost savings measures; business model and strategy; the company’s expectations regarding its projected truck builds and related specifications; the company’s expectations for its trucks and market acceptance of electric trucks; and market opportunity. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Nikola’s management and are not predictions of actual performance. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including but not limited to general economic, financial, legal, regulatory, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; the outcome of legal proceedings to which Nikola is, or may become a party; failure to realize the anticipated benefits of the recently completed business combination with Romeo; the conversion of pre-orders into binding orders; risks related to the rollout of Nikola’s business and the timing of expected business milestones; the effects of competition on Nikola’s future business; the availability of capital; and the other risks detailed from time to time in Nikola’s reports filed with the Securities and Exchange Commission, including its quarterly report on Form 10-Q for the quarter ended September 30, 2022 and other documents Nikola files with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. These forward-looking statements speak only as of the date hereof and Nikola specifically disclaims any obligation to update these forward-looking statements.

NIKOLA MEDIA CONTACT

[email protected]

Aliquippa, PA, January 5, 2023 – PGT Trucking Inc., a multi-service transportation firm offering flatbed, dedicated, international and specialized services, announces the purchase of their first Nikola Tre battery-electric vehicle (BEV) semi-truck, becoming the first flatbed trucking company to actively grow its fleet with zero-emissions equipment. PGT will immediately utilize the Nikola Tre BEV on a select customer account, primarily operating on local, dedicated routes.

“Our customers have expressed a need for sustainable shipping solutions, and we are working to align ourselves with their green energy commitments. With the purchase of the Nikola Tre BEV, PGT is prepared to meet these demands,” stated Gregg Troian, PGT Trucking President. “PGT will continue to revolutionize the industry through the Future of Flatbed®, utilizing innovative technology and zero-emissions equipment to provide progressive transportation services for our customers, enhanced lifestyle benefits for our drivers and sustainable shipping methods for the environment.”

PGT’s new Research and Development Department, led by Laurence Cox, Vice President, Sustainability, has been tasked with analyzing and applying the company’s green fleet solutions, identifying additional short-haul usages for the battery-electric truck and exploring new initiatives to support its operation across multiple platforms.

Previously, PGT signed a letter of intent to lease 100 Nikola Tre fuel cell electric vehicle (FCEV) trucks, and PGT’s R&D Department will help prepare for the full integration of these units into PGT’s fleet, which are anticipated to arrive later this year. With the addition of the new zero-emissions equipment, PGT is on track to reach its sustainability goal, reducing carbon emissions from its company-owned fleet by 35% by the year 2025.

“This is a tangible example of how PGT is shaping the Future of Flatbed in the transportation sector, solidifying our commitment to our customers’ sustainability goals,” stated Cox. “We are excited to put our Nikola Tre BEV to work, further refining the application of this advanced equipment through our R&D department.”

PGT’s Future of Flatbed Fleet, which consists of the company’s most elite drivers, will be the first to drive the Nikola Tre BEV, working with PGT’s R&D Department, dedicated partners and customer representatives to haul flatbed loads in real world scenarios. The drivers were selected during an extensive application process and prepared for their roles by receiving advanced training on the equipment, attending product development meetings and participating in pilot programs.

“PGT’s decision to place a Nikola Tre BEV immediately into operation is telling of their commitment to drive forward their ambitious corporate sustainability initiatives today,” said Nikola Corporation, President and CEO, Michael Lohscheller. “We are extremely proud to partner with another well-respected industry leader by providing progressive zero-emission transportation solutions that are intended to improve safety, reduce costs and CO2 emissions, and improve overall total cost of ownership.”

ABOUT PGT TRUCKING

PGT Trucking, Inc. is a multi-service transportation firm offering flatbed, dedicated, international and specialized services. PGT is the leader in progressive freight transportation and fleet evolution, exceeding customer expectations with a strong focus on the Future of Flatbed®. At PGT Trucking, “Safety is Everyone’s Job – All the Time.” Visit www.pgttrucking.com.

PGT MEDIA CONTACT

Katie Irvine
724.987.1812
[email protected]

NIKOLA MEDIA CONTACT

[email protected]

PHOENIX – December 22, 2022 — Nikola Corporation (Nasdaq: NKLA), a global leader in zero tailpipe emission transportation and energy supply and infrastructure solutions, announced that it has received a California Air Resources Board (“CARB”) Zero Emission Powertrain (“ZEP”) Executive Order that is a requirement for Nikola’s Tre hydrogen fuel cell electric vehicle (“FCEV”) to be eligible for CARB’s Hybrid and Zero Emission Truck and Bus Voucher Incentive Project (“HVIP”) program. Following receipt of this Executive Order, Nikola has submitted an application for eligibility of the Nikola Tre FCEV as an authorized vehicle under the HVIP program for a base incentive amount valued at $240,000 per FCEV truck.

CARB’s ZEP Executive Order is a certificate of compliance with CARB regulations for zero-emission powertrains determined to meet specific emissions standards required for sale in California. Obtaining this certification is also a requirement for vehicles to qualify for HVIP. HVIP is an important program intended to advance commercialization and to help reduce the total cost of ownership of advanced commercial vehicles in the state of California. HVIP is unique among incentive programs and is viewed as more powerful than other incentive programs in accelerating adoption of zero tailpipe emission commercial vehicles in that it is a first-come, first-served incentive program that does not require the retirement and scrappage of an existing diesel vehicle.

Upon final HVIP approval, purchasers of the Nikola Tre FCEV in 2023 will be able to qualify for a base incentive valued at $240,000 per truck; $270,000 per truck for drayage fleets; or up to $288,000 per truck for fleets with (i) 10 trucks or less, (ii) performing drayage operations, and (iii) located within a disadvantaged community area. Eligible non-drayage fleets may secure up to 30 HVIP vouchers and drayage fleets may secure up to 50 vouchers.

In addition to the funding provided by HVIP, purchasers of Nikola’s Tre battery-electric vehicle (“BEV”) and FCEVs will also qualify for an additional $40,000 in clean commercial vehicle tax credits in 2023 from the federal government due to the passage of the Inflation Reduction Act.

According to Nikola President and CEO, Michael Lohscheller, “Obtaining this CARB Executive Order is an important step for Nikola to support the launch of the Tre FCEV in California, our first priority market for this zero-emission powertrain option, with full production deliveries expected to start in the second half of 2023. We expect that the funding available through HVIP will drive a competitive total cost of ownership for the Tre FCEV truck, powered by the hydrogen fuel supply and infrastructure we are developing, and serviced by our local dealer network.”

Lohscheller added: “In anticipation of the roll out of this much anticipated vehicle, we encourage fleets operating in California to familiarize themselves with our Tre vehicle platform by visiting our dealers nationwide and experiencing our Tre BEVs, which demonstrate the advanced technology and driver-centric design that will be featured in the Tre FCEV. Nikola and its dealer network are taking orders for the FCEVs now.”

With a range of up to 500 miles, the Nikola Tre FCEV is expected to have among the longest ranges of all commercially available zero tailpipe emission Class 8 tractors while realizing weight savings when compared to BEV Class 8 trucks with similar range. The Tre FCEV is well-suited for a variety of applications ranging from drayage and intermodal to metro-regional truckload and less than truckload to certain specialized hauling use cases.

With an estimated fueling time of less than 20 minutes at Nikola fueling stations based on expected technology improvements, transitioning from diesel to hydrogen is anticipated to be a seamless experience. Further benefits are expected to result in a reduced need for extensive electrical infrastructure planning and build out, particularly as Nikola’s public fueling infrastructure network continues to develop.

Nikola’s Tre BEV, with a range of up to 330 miles, qualified for HVIP certification in California in January 2022. California purchasers of the Nikola Tre BEV may qualify for an incentive valued at $120,000 per truck, and $150,000 for drayage fleets, helping to reduce the total cost of ownership. The Tre BEV is also eligible for a variety of other incentives across the United States. The Tre BEV started serial production in March 2022 and is available for purchase and delivery now. For more information, please visit Nikola Electrify Your Fleet.

ABOUT NIKOLA CORPORATION

Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero tailpipe emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit nikolamotor.com or Twitter @nikolamotor.

FORWARD LOOKING STATEMENTS

Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the company’s expectations regarding its business, the potential benefits received from the HVIP program and its effect on company truck sales; business model and strategy; the company’s expectations regarding its projected truck builds and related specifications; the company’s expectations for its trucks and market acceptance of electric trucks; and market opportunity. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Nikola’s management and are not predictions of actual performance. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including but not limited to general economic, financial, legal, regulatory, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; the outcome of legal proceedings to which Nikola is, or may become a party; failure to realize the anticipated benefits of the recently completed business combination; the conversion of pre-orders into binding orders; risks related to the rollout of Nikola’s business and the timing of expected business milestones; the effects of competition on Nikola’s future business; the availability of capital; and the other risks detailed from time to time in Nikola’s reports filed with the Securities and Exchange Commission, including its quarterly report on Form 10-Q for the quarter ended September 30, 2022 and other documents Nikola files with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. These forward-looking statements speak only as of the date hereof and Nikola specifically disclaims any obligation to update these forward-looking statements.

NIKOLA MEDIA CONTACT

[email protected]

• Nikola and E.ON partner to combine sales of Nikola hydrogen fuel cell trucks with services and hydrogen fueling infrastructure solutions

• Hydrogen will be supplied to operate up to 5,000 Nikola hydrogen fuel cell electric vehicles in Europe by 2027, further accelerating the following years

• Annual CO2 savings are expected to be around 560,000 metric-tons by 2027, further increasing the following years

Essen, 21 December 2022 — Nikola Energy and E.ON Hydrogen, confirmed their goal of making hydrogen fuel cell electric vehicles (FCEVs) cost competitive to diesel trucks, in terms of total cost of ownership. This is an important step on the road to decarbonizing heavy-duty transport. Nikola Energy is a wholly-owned subsidiary of Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emission transportation and energy infrastructure solutions. E.ON Hydrogen is a wholly-owned subsidiary of E.ON SE, one of Europe’s largest operators of energy networks and energy infrastructure and a provider of innovative customer solutions.

Combining their expertise in energy, infrastructure and transportation, Nikola and E.ON will offer customers a first-of-its-kind integrated mobility solution. The envisaged joint venture will cover the entire value chain of the hydrogen industry from the supply of green hydrogen to the establishment of a demand-driven fueling infrastructure, to the provision of FCEVs.

By 2027 and progressing thereafter, the partnership plans to supply green hydrogen to power up to 5,000 hydrogen-powered Nikola Tre FCEV cabovers with a range of up to 800 km. As a result, up to 560,000 metric-tons of CO₂ is expected to be saved annually by 2027, further increasing the following years, making an important contribution to the EU’s sustainability goals.

Michael Lohscheller, President and CEO Nikola Corporation, said, “In everything we do, we look at the needs of our customers, who continue to be impressed by the innovative technology found in our industry-leading zero-emission Nikola Tre trucks. To ensure the hydrogen infrastructure is in place to support our customers, we are working with our partner E.ON on cost-efficient and sustainable road transport solutions. Significant interest in our bundled lease program consisting of the Nikola Tre FCEV, hydrogen fuel and maintenance is a game changer for the industry and is an added benefit as it simplifies and lowers the total cost of ownership for fleet and truck owners.”

Patrick Lammers, COO Customer Solutions E.ON SE, said: “Our customers want affordable, integrated and, most important, green mobility solutions. As early as 2027, we could potentially replace over 200 million liters of diesel with hydrogen and significantly reduce CO₂ emissions – and this is just the beginning. Together with Nikola we will create the first commercially viable market for hydrogen fuel cell technology in Europe.”

Nikola Corporation and E.ON announced their partnership in September this year with the intent to combine Nikola’s innovative technology solutions in the transportation industry with E.ON’s expertise in energy networks and customer solutions. The joint venture for hydrogen logistics services will start operating beginning of 2023.

To view this press release in German, click here.

ABOUT NIKOLA CORPORATION

Nikola Corporation is transforming the transportation industry worldwide. As a developer and manufacturer of zero-emission battery and hydrogen electric vehicles, electric vehicle powertrains, vehicle components, energy storage systems and hydrogen fueling infrastructure, Nikola is committed to revolutionizing the economic and environmental impact of global commerce as we know it today. Nikola Corporation was founded in 2015 and is headquartered in Phoenix, Arizona.

In Europe, Nikola manufactures together with its joint venture partner IVECO, the commercial vehicle brand of Iveco Group, the Nikola Tre battery-electric vehicle (BEV), with up to 530 km, and the Nikola Tre hydrogen FCEV, with up 800 km, in Ulm, Germany. Nikola and IVECO began taking orders on the European Nikola Tre BEV at the IAA Transportation 2022.

For more information, please visit
nikolamotor.com or Twitter @nikolamotor.

ABOUT E.ON

E.ON is an international investor-owned energy company, which focuses on energy networks and customer solutions. As one of Europe’s largest energy companies, E.ON plays a leading role in shaping a clean, digital, decentralized world of energy. To this end, around 72,000 employees develop and sell products and solutions for private, commercial and industrial customers. More than 51 million customers purchase electricity, gas, digital products or solutions for electric mobility, energy efficiency and climate protection from E.ON. E.ON is headquartered in Essen, Germany. For more information, please visit www.eon.com.

NIKOLA FORWARD LOOKING STATEMENTS

Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the company’s expectations related to its expressed partnership with E.ON; the ability to meet the planned emission reduction goals; the joint venture’s ability to service and implement the entire value chain of the hydrogen industry; the joint venture’s ability to supply green hydrogen to power up to 5,000 FCEVs; the company’s expectations regarding its business, business model and strategy; the company’s expectations regarding its planned energy infrastructure buildout, including hydrogen production hubs and dispensing stations; the company’s truck builds and related specifications; the company’s expectations for its trucks and market acceptance of battery electric and fuel cell electric trucks; and market opportunity. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Nikola’s management and are not predictions of actual performance. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including but not limited to general economic, financial, legal, regulatory, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; the outcome of legal proceedings to which Nikola is, or may become a party; failure to realize the anticipated benefits of the completed business combination with VectoIQ; failure to reach final documentation of the anticipated transaction; the conversion of pre-orders into binding orders; risks related to the rollout of Nikola’s business and the timing of expected business milestones; the effects of competition on Nikola’s future business; the availability of capital; and the other risks detailed from time to time in Nikola’s reports filed with the Securities and Exchange Commission, including its quarterly report on Form 10-Q for the quarter ended September 30, 2022 and other documents Nikola files with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. These forward-looking statements speak only as of the date hereof and Nikola specifically disclaims any obligation to update these forward-looking statements.

E.ON FORWARD LOOKING STATEMENTS

This press release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group Management and other information currently available to E.ON. Various known and unknown risks, uncertainties, and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. E.ON SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to align them to future events or developments.

NIKOLA MEDIA CONTACT

[email protected]

E.ON MEDIA CONTACT

[email protected]

LOS ANGELES — December 20, 2022 — Los Angeles World Airports (LAWA) is proud to announce the arrival of its first heavy-duty battery-electric vehicle, marking a significant step in the airport’s transition to a fully electric fleet.

The Class 8 Nikola Tre battery-electric vehicle (BEV) semi-style tractor will be used to move paving equipment, transport construction materials and pull other heavy equipment at Los Angeles International Airport (LAX) worksites. LAWA is the first government entity to take delivery of a Nikola Tre BEV, which is part of the airport’s ambitious plan to fully transition its vehicle fleet to all-electric. This also is the first zero-emission Class 8 tractor in the City of Los Angeles municipal fleet. 

“By investing in the vehicles and charging infrastructure needed to support a fully electrified fleet, LAWA remains on the leading edge of sustainability and is laying the groundwork to achieve carbon neutrality from airport operations by 2045,” said Justin Erbacci, Chief Executive Officer, LAWA. “This purchase not only helps to reduce our environmental impact, but it also demonstrates our commitment to innovation and the future of transportation.”

The Nikola Tre BEV has a range of up to 330 miles on a single charge of its 733 kWh battery pack, and will use a new 75kW DC charging station being installed at LAX. The LAWA purchase qualified for a $120,000 rebate via the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project. The truck is expected to have significantly reduced maintenance and fuel costs compared with a similarly equipped internal combustion unit.

“LAWA’s commitment to transition its fleet to fully electric is a direct reflection of the organization’s bold sustainability goals,” said Nikola President and CEO, Michael Lohscheller. “Nikola is proud to have our Nikola Tre battery-electric vehicle be the first Class 8 semi-truck to be added to the City of Los Angeles municipal fleet and play a role in their long-term sustainability goals.”

LAWA is committed to transitioning 100% of its sedan fleet to electric vehicles by 2031, and has adopted a zero-emission-first purchasing policy for other light-duty vehicles in its fleet of more than 1,100 vehicles. Currently, 41% of LAWA’s fleet is powered by alternative fuel, including 120 electric vehicle sedans, 20 articulating electric airfield buses and the addition of the heavy-duty Nikola Tre BEV. Other fully electric vehicles currently in LAWA’s fleet, or on order for delivery, include 26 Ford F-150 Lightning trucks, 10 Ford Mach E sedans, 32 new Class 4-8 trucks and up to 27 electric buses.

Click here for B-roll of the Nikola Tre BEV being delivered to LAWA.

About Los Angeles International Airport (LAX)

LAX, the fifth-busiest airport in the world in 2021 with 48 million passengers, is in the midst of a multi-billion-dollar capital improvement program that will touch on all nine passenger terminals and build new facilities, including an Automated People Mover (APM) train, Consolidated Rent-A-Car (ConRAC) facility and the West Gates at Tom Bradley International Terminal.

In 2019, LAX served nearly 88.1 million passengers and offered an average of 700 daily nonstop flights to 113 destinations in the U.S. and 1,200 weekly nonstop flights to 91 markets in 46 countries on 72 commercial airlines.

LAX generates 620,600 jobs in Southern California, with labor income of $37.3 billion and economic output (business revenues) of more than $126.6 billion, according to an economic study based on 2014 operations. This activity added $6.2 billion to local and state revenues and $8.7 billion in federal tax revenues. The study also reported that LAX’s ongoing capital improvement program creates an additional 121,640 annual jobs with labor income of $7.6 billion and economic output of $20.3 billion; $966 million in state and local taxes; and $1.6 billion in federal tax revenues.

LAX is part of a system of two Southern California airports – along with Van Nuys general aviation – that are owned and operated by Los Angeles World Airports (LAWA), a proprietary department of the City of Los Angeles that receives no funding from the City’s general fund.

LAWA is leading the aviation industry in sustainability practices, with initiatives related to water management, energy (electricity) management, air quality, recycling and natural resources management. In 2019, LAX received Level III ACI Airport Carbon Accreditation from Airports Council International-Europe.

LAWA is also a leader in inclusivity, operating eight programs that provide opportunities for business enterprises including local, small, minority-owned, veteran-owned and disadvantaged firms, and working together with community partners to offer the HireLAX Apprenticeship Readiness Program, which targets local workers to make them ready for rewarding careers in the construction trades, and the Build LAX Academy, designed to prepare small contracting businesses for success when working on projects at LAX.

LAX was named a top-10 U.S. airport by SKYTRAX in 2018, and was honored as the “Most Innovative Airport for Passenger Experience” in 2019 by the American Association of Airport Executives. LAX is the second-most popular airport in the world to appear on Instagram, according to wego.com. Other recent honors have included selection as the No. 9 Best Airport (Wall Street Journal); No. 7 Best On-Time Performance for a Mega-Hub Airport (OAG); one of “The World’s Best Airports for Business Travelers” (GlobeHunters); Public-Private Partnership of the Year (P3 Bulletin); Urth Caffe, Best Airport Coffee Concession of the Year (Global FAB Awards); Innovation of the Year, Consolidated Rent-A-Car Facility (ARTBA); Best Project, United Airlines Terminal 7 and 8 Redevelopment Program (Engineering News Record California); North American Public-Private Partnership Deal of the Year (IJ Global); and Innovative Transportation Solution of the Year, Automated People Mover (WTS LA).

As a covered entity under Title II of the Americans with Disabilities Act, the City of Los Angeles does not discriminate on the basis of disability and, upon request, will provide reasonable accommodation to ensure equal access to its programs, services, and activities. Alternative formats in large print, braille, audio, and other forms (if possible) will be provided upon request.

• Plug to purchase up to 75 Nikola Tre hydrogen fuel cell electric vehicles for green hydrogen delivery

• Nikola to purchase 30 metric-tons per day liquefaction system from Plug for the Ariz. hydrogen hub project

• Companies have signed an innovative Green Hydrogen Supply Agreement with synergies for both Nikola and Plug’s business models

PHOENIX — December 15, 2022 — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, and Plug Power (Nasdaq: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, today announced a strategic relationship focused on moving the hydrogen economy forward.

The Nikola Tre fuel cell electric vehicle (FCEV) is an industry leading, hydrogen-powered cabover for longer or continuous metro-regional applications and is expected to have a range of up to 500 miles. Plug will purchase up to 75 Nikola Tre FCEVs over the next three years, with the first trucks being delivered in 2023. The Nikola trucks will help to deliver green hydrogen to customers in North America as part of Plug’s commitment to advancing the decarbonization of energy. The acquired FCEVs will be paired with Plug’s liquid hydrogen tankers, which are recognized as market-leading trailers manufactured with unprecedented over-the-road payloads.

Nikola’s recently announced hydrogen hub project, located in the City of Buckeye, Ariz., is currently going through a permitting and rezoning process, with the procurement of long-lead equipment also underway. Plug has been selected to provide its fully integrated liquefaction system for the project which will be engineered to produce 30 metric-tons per day in its first phase, scaling up to 150 metric-tons per day. The low carbon hydrogen supply from the hub will further support the deployment of the Nikola Tre FCEV program and Nikola’s hydrogen energy business.

The companies have also executed a 125 metric-tons per day Green Hydrogen Supply Agreement. This innovative green hydrogen supply and offtake partnership is expected to provide Nikola with a minimum of 100 metric-tons per day of hydrogen, with the option to increase volume over time, and will allow Nikola to source hydrogen from multiple locations across the country as Plug continues to bring on new supply facilities.

“Nikola and Plug share a common vision for sustainable, efficient, energy solutions which supports our commitment to decarbonize the transportation industry,” said Nikola President, Energy, Carey Mendes. “This strategic relationship will help underpin Nikola’s ambitious growth plans to expand the hydrogen energy business and to support the adoption of Nikola’s zero-emission Class 8 trucks.”

“Today’s announcement demonstrates Plug’s leadership in the green hydrogen economy and its ability to make the adoption of hydrogen as easy as possible by aligning with industry pioneers, such as Nikola,” said Sanjay Shrestha, CSO and General Manager of Energy Solutions for Plug. “Our vertically integrated solutions, which are designed to fit individual customer needs, include hydrogen production equipment or the delivery of hydrogen fuel, whichever is preferred. We look forward to our strategic relationship with Nikola as we advance the hydrogen economy together.”

The Nikola Tre battery-electric vehicle, with a range of up to 330 miles, started serial production in March 2022 and is available for immediate delivery. For more information, visit Nikola Electrify Your Fleet online.

ABOUT NIKOLA CORPORATION

Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit nikolamotor.com or Twitter @nikolamotor.

NIKOLA FORWARD-LOOKING STATEMENTS

Certain statements included in this press release that are not historical facts are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the anticipated benefits of the planned collaboration between Nikola and Plug. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Nikola’s management. We cannot assure you that forward-looking statements will be achieved and forward-looking statements are not predictions of actual performance. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including but not limited to, the failure to realize the anticipated benefits of the announced collaboration between Nikola and Plug; design and manufacturing changes, challenges and delays; economic, financial, legal, supply chain, regulatory, political and business conditions and changes in domestic and foreign markets; the potential challenges arising from COVID-19; the outcome of legal, regulatory and judicial proceedings to which Nikola is, or may become a party; demand for and customer acceptance of Nikola’s trucks; risks associated with development and testing of fuel cell power modules and hydrogen storage systems; risks related to the rollout of Nikola’s business and the timing of expected business milestones, including delivery of trucks for sale; the effects of competition on Nikola’s future business; the availability of capital; risks associated with changes in accounting treatment or accounting standards; and the other risks detailed from time to time in Nikola’s reports filed with the Securities and Exchange Commission, including its quarterly report on Form 10-Q for the quarter ended September 30, 2022 and other documents Nikola files with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. These forward-looking statements speak only as of the date hereof and Nikola specifically disclaims any obligation to update these forward-looking statements.

MEDIA INQUIRIES

[email protected]

E.ON and Nikola, together with partners and interested customers, are working to develop a package for hydrogen-powered heavy-duty transport. With expertise in energy, infrastructure and transportation, the Essen-based energy company and the U.S. hydrogen pioneer have set themselves the goal of making the use of hydrogen competitive in this industry segment and bringing it to market as early as 2024. The partnership is intended to offer customers an integrated mobility solution – from the supply of green hydrogen to the establishment of a demand-based fueling station infrastructure and the provision of hydrogen-powered fuel cell trucks. Several companies are already interested in this solution, and others are currently being sought. EWG – Essener Wirtschaftsförderungsgesellschaft mbH is actively supporting the project and bringing E.ON and Nikola together with potentially interested parties from the business community.

The special innovative strength of the Ruhr metropole plays an essential role in the development of a future hydrogen economy. As the energy capital of Europe, Essen is home to top companies and research institutions that can map out a complete hydrogen ecosystem, create cross-industry synergies and develop projects as efficiently as possible. E.ON, Nikola and EWG, the coordinator for the hydrogen market ramp-up in Essen, are convinced that the Ruhr metropole will play a market-leading role in Europe in the economic use of hydrogen. This region is home to numerous logistics companies and fleet operators, a good basis for the decarbonization of heavy-duty transport.
In addition to the competitive supply of green hydrogen, the cooperation, which is unique to date, includes the establishment of a fueling station infrastructure to meet demand and the provision of hydrogen-powered fuel cell trucks. The partnership intends to manufacture the next generation of Class 8 semi-truck technology in Germany and combine it with service solutions (maintenance and repair) and an environmentally friendly and sustainable hydrogen infrastructure. The vision is to promote the benefits of

hydrogen – at a price no higher than diesel in terms of total cost of ownership.
In heavy-duty transport, the use of green hydrogen, which has a very high energy density, offers several advantages. A fuel cell electric vehicle (FCEV) has the potential to provide greater range over battery electric technology without significantly increasing weight compared to traditional diesel vehicles. The Nikola vehicles are produced in Ulm, and IVECO is the German partner for the repair and service network. The European perspective is thus based on firm national roots.

In order to further advance the project, representatives of the City of Essen and the companies involved met yesterday to exchange information: Essen’s Lord Mayor Thomas Kufen, Andre Boschem (Managing Director EWG), Michael Lohscheller (President and CEO Nikola Motors), Christian Benigni (Nikola Regional Head of Energy, Europe) and Carsten Borchers (Managing Director E.ON Hydrogen).

“As the city of Essen, we are very happy to support the cooperation between E.ON and Nikola,” says Lord Mayor Thomas Kufen. “After all, heavy-duty transport represents a decisive share of CO2 emissions in the transport sector. The use of hydrogen can play a decisive role in reducing emissions here and thus contribute significantly to achieving climate targets.”

EWG Managing Director Andre Boschem added: “Together with E.ON and Nikola from the USA, the project has a real international level. It clearly highlights the importance of Essen as an energy location with our resident corporations. From here – in the middle of the Ruhr region – we want to reduce emissions from the European transport sector.”

Carsten Borchers, Managing Director E.ON Hydrogen, says: “Our goal at E.ON is to drive forward the energy transition in Germany and Europe. To do this, we also need innovative customer solutions. Our goal is to make a concrete difference with customers. In this case, that includes making hydrogen trucks available and affordable. Nikola is an ideal partner for us, as we share the same vision: to develop innovative, pioneering solutions to create a greener, sustainable environment for our customers and society.”

Michael Lohscheller, President and CEO of Nikola Corporation, says: “Nikola brings substantial expertise on transportation needs. We will continue to develop cost-effective and sustainable solutions that promote the expansion of a hydrogen infrastructure and efficient use of our zero-emission trucks by our customers. Our joint venture is a critical element in the transformation of the transport sector, aligns with E.ON’s expertise in energy networks and customer solutions, and has the potential to be a market leader in Europe.”

About EWG – Essen Economic Development Corporation

As a central business contact and service point, EWG – Essener Wirtschaftsförderungsgesellschaft mbH promotes entrepreneurial commitment at the Essen location. With its service offers, EWG contributes to securing and creating jobs in Essen and to continuously improving the framework conditions for the entrepreneurial success of Essen’s economy. EWG has existed as a public-private partnership since 1991. Shareholders are – with 50 percent each – the City of Essen and the IEW – Interessengemeinschaft Essener Wirtschaft e.V. with around 50 renowned member companies and institutions. More information at www.ewg.de

About E.O

E.ON is a privately owned international energy company headquartered in Essen, Germany, focusing on the business areas of energy networks and customer solutions. As one of Europe’s largest energy companies, E.ON is taking a leading role in shaping a green, digital and decentralized energy world. To this end, around 72,000 employees develop and sell products and solutions for residential, commercial and industrial customers. More than 51 million customers buy electricity, gas, digital products or solutions for electromobility, energy efficiency and climate protection from E.ON. More information at www.eon.com.

About Nikola Corporation

Nikola Corporation is transforming the transportation industry worldwide. As a developer and manufacturer of zero-emission battery and hydrogen electric vehicles, electric vehicle powertrains, vehicle components, energy storage systems and hydrogen fueling station infrastructure, Nikola aims to revolutionize the economic and environmental impact of commerce as we know it today. Nikola Corporation was founded in 2015 and is headquartered in Phoenix, Arizona. For more information, visit nikolamotor.com.