Nikola Highlights its Integrated Hydrogen Solution and Introduces New Hydrogen Energy Brand “HYLA”

More than 300 fleet, government, supplier, energy and media representatives were on site for the announcement at Nikola’s U.S. headquarters in Phoenix, which highlighted the progress made by Nikola’s energy and truck businesses. “Nikola is the only company that is successfully integrating a revolutionary new product, the hydrogen fuel cell truck, and the full hydrogen energy infrastructure supply chain under one roof,” said Nikola CEO and President Michael Lohscheller. Hydrogen ProductionUnder the HYLA brand, Nikola is developing access of up to 300 metric-tons per day (TPD) of hydrogen. 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.