GP JOULE to order 100 Nikola Tre Fuel Cell Electric Vehicles

Thirty of the initial 100 Nikola Tre FCEVs are expected to be delivered to GP JOULE within 2024. GP JOULE will make the 100 Nikola trucks available to its customers in transport and logistics. 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. These forward-looking statements speak only as of the date hereof and Nikola specifically disclaims any obligation to update these forward-looking statements.