Nikola Tre FCEV Receives CARB HVIP Incentive Eligibility

This approval will now enable customers of Nikola’s Tre FCEV to access a point-of-sale incentive starting at $240,000 and ranging up to $288,000 per truck, in 2023. With the market introduction of the Tre battery-electric vehicle (BEV), Tre FCEV, and infrastructure solutions, Nikola is providing innovative solutions to fleets seeking to combat pollution and climate change. We look forward to delivering the Nikola Tre FCEVs to customers later this year.”In the coming months, Nikola will be collaborating on commercial demonstrations of the Tre FCEV with potential fleet customers in California. Nikola and its dealers are now taking orders and submitting HVIP voucher requests for the Tre FCEV. These forward-looking statements speak only as of the date hereof and Nikola specifically disclaims any obligation to update these forward-looking statements.