Nikola Corporation and Covenant Logistics Group, Inc. announced a collaboration that will further Covenant's sustainability objectives by adding 50 zero-emission vehicles to their fleet. This collaboration includes a Letter of Intent (LOI) for 10 Nikola Tre battery-electric vehicles (BEVs) and 40 Nikola Tre fuel cell electric vehicles (FCEVs), following the satisfactory completion of a Nikola Tre BEV and Nikola Tre FCEV demonstration program. Delivery to Covenant of the first Tre BEV truck and mobile charging trailer for testing is anticipated to occur in Second Quarter 2022, with the Tre FCEV testing expected to follow in 2023.