Nikola Announces Locations of Three California Hydrogen Dispensing Stations, Continued Scaling of Infrastructure

PHOENIX, August 4, 2022 — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced the locations of three California hydrogen stations to advance and scale up its long-term hydrogen distribution solutions to service market demand. "The Nikola hydrogen refueling stations represent an important step forward to enable zero-emissions logistics solutions in Southern California. Through the combined efforts of Nikola’s truck and energy teams, the company links hydrogen fuel cell electric vehicles with hydrogen production hubs and dispensing stations. 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.