Lightning eMotors Announces a Delay in its First Quarter 2023 Earnings Release

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May 15, 2023

Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that the Company will delay its earnings release and accompanying conference call, as it requires additional time to finalize certain of the disclosures in its Quarterly Report. Due to the complexity of the accounting associated with the Company’s recall of vehicles containing batteries purchased from Romeo Power Systems, the Company’s auditors require additional time to complete their review procedures related to the Company’s accounting treatment.