<h2>New Introductory Pricing Offers Customers Charging for 20 Cents Per kWh</h2>MESA, Ariz., Oct. 03, 2023 -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, delivered more than 1.6 MWh to EV customers in the first weekend of public charging field trials. On a mission to meet the demand for more powerful, reliable, convenient charging experiences, Nxu has launched introductory 20 cents per kWh charging pricing.Users simply need to create a&nbsp;<a href="https://bit.ly/NxuCharge" rel="noopener noreferrer" target="_blank">Nxu One Charging profile</a>&nbsp;with payment information and visit the charging station at 1828 N. Higley Road in Mesa, Ariz., to experience the Nxu One Megawatt+ Charging System, available 24 hours a day, 7 days a week. From 6 a.m. to 8 p.m., customers can access the charging lounge, which features restrooms, air conditioning, Wi-Fi and water and coffee.“Our powerful, standard-agnostic charging technology is designed to meet the diverse needs of EV drivers. I’m happy to say that in the first few days of public charging, the Nxu One exceeded expectations,” said Nxu Founder, Chairman and CEO Mark Hanchett. “We delivered more than 1.6MWh of power and saw a utilization rate over 20 percent. We’re offering EV drivers a differentiated experience while they wait and plan to iterate on ways to make it even better in the future.”The Nxu One Charging System is the only universal, dual-technology solution available for public charging. It is designed to support up to 4.5MW of bi-directional DC power and up to 50kW of bi-directional AC power.&nbsp;Nxu One adapts to any vehicle that supports CCS, charging as fast as the vehicle will allow – whether that’s a Chevy Bolt or an EV semi. A seamless cloud experience provides charging monitoring and payment solutions on your mobile device.Additionally, Nxu charging technology is designed to ensure that the electrification of high-demand highway routes is reliable and future-proofed with consistent energy storage and megawatt+ charging capabilities. The company is making progress on its plans to secure a permanent&nbsp;<a href="https://www.globenewswire.com/news-release/2023/09/18/2744571/0/en/Nxu-Announces-First-Megawatt-Charging-Site-Along-Major-Highway-Corridor.html" rel="noopener noreferrer" target="_blank">charging location in Quartzsite, Ariz.</a>, a critical location between Phoenix and Los Angeles, looking toward possible construction in 2024.About Nxu, Inc.&nbsp;Nxu, Inc. is a domestic technology company leveraging its intellectual property and&nbsp;innovations to support e-Mobility and energy storage solutions.&nbsp;Driving the energy future, Nxu is developing an ecosystem of industry-leading grid level energy storage solutions, charging infrastructure and over-air cloud management – encompassed by&nbsp;Nxu’s seamless subscription-based models. For more information, visit&nbsp;<a href="http://www.nxuenergy.com/" rel="noopener noreferrer" target="_blank">www.nxuenergy.com</a>.Forward-Looking&nbsp;Statements&nbsp;This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our future areas of focus and expectations for our business. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievements to materially differ from those expressed or implied by these forward-looking statements. Such forward-looking statements include statements regarding, among other things, Nxu’s expectations about its long term growth strategy, future growth trajectory, revenue and operations; Nxu’s technology and alignment with broader trends in the EV market; opportunities presented by electrification; beliefs about the general strength, weakness or health of Nxu’s business; and beliefs about current or future trends in EV battery materials or other markets and the impact of these trends on Nxu’s business. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent report on Form 10-K, particularly under the heading “Risk Factors.”&nbsp;Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at&nbsp;<a href="http://www.nxuenergy.com/" rel="noopener noreferrer" target="_blank">www.nxuenergy.com</a>. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.&nbsp;CONTACT:&nbsp;Media ContactAmy O’Hara<a href="mailto:info@nxuenergy.com" rel="noopener noreferrer">info@nxuenergy.com</a>Investor Contact&nbsp;Nxu, Inc.&nbsp;<a href="mailto:Investors@nxuenergy.com" rel="noopener noreferrer">Investors@nxuenergy.com</a>

Nxu One Megawatt+ Charging System Delivers 1.6MWh and Demonstrates Impressive Utilization Rate During First Weekend of Field Trials

<h2>Nxu One Megawatt+ Charging System is Open to the Public with $1 Charging Promotion</h2>MESA, Ariz., Sept. 28, 2023 -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, has launched its first public EV charging field trials, in Mesa, Ariz. Located outside the Company’s manufacturing facility at 1828 N. Higley Road in Mesa, EV users can charge their vehicles, of any make or model that supports CCS, 24 hours a day. Sept. 28-Oct. 1, all charges cost just $1.The Nxu One Charging System is the only universal, dual-technology solution available for public charging. It is designed to support up to 4.5MW of bi-directional DC power and up to 50kW of bi-directional AC power.&nbsp;Nxu One adapts to any vehicle that supports CCS, charging as fast as the vehicle will allow – whether that’s a Chevy Bolt or an EV semi. A seamless cloud experience provides charging monitoring and payment solutions on your mobile device.“Building on our successful megawatt+ charging demonstration in April, as well as our early compatibility with NACS in July, the focus on our EV charging product roadmap has concentrated our vision to make electric mobility viable,” said Nxu Founder, Chairman and CEO Mark Hanchett. “The reality is that subpar charging experiences and widely diffused charging locations are turning consumers off from EVs. We need to make the charging experience as easy as gassing up a car, and until we put the time and resources into making that happen, we stand in our own way.”Users simply need to create a&nbsp;<a href="https://www.globenewswire.com/Tracker?data=JFJUj06KmdXqWzDc3Rk0IUkID5-tifWBpKLJTglkhjkDQrye-ROtdZvTEWGBdjWHLjN9UrgVKehHpMdRcRztz_tGKau-5cvr1Zea6l_n8ko=" rel="noopener noreferrer" target="_blank">Nxu One Charging profile</a>&nbsp;with payment information and visit the charging station in Mesa to have the reliable, consistent and convenient experience Nxu’s proprietary charging technology affords. Nxu staff will be onsite from 6 a.m. to 8 p.m. during opening weekend to assist customers, as well as to answer practical and technical questions about the Nxu One Charging System.Nxu recently announced its plans to secure a permanent&nbsp;<a href="https://www.globenewswire.com/Tracker?data=PLz_vhjnqKKO5kxin_OQG6ukNdvb0JSxbuiEkj9ym-7lJBXloetPTk85xByESTch9d3UAHYIFAH8oODXx3WBR01ljyHLIw1OZnFVGhtBxHoWr6kBopt2kBMnAEE3TkD8htVT5jSqnGzRQ54fLX89W_WAUpCO6knyepPfN2b4CL0OvFaPsc9ZGA0ka31jmJrElG7dMqIIVZmkomcW48Jz1wVozEHUvmXx0B704kG3HbQNqez4u6qQtVER_nZiYfAe8bLH99W_n5ShP8Obupizog==" rel="noopener noreferrer" target="_blank">charging location in Quartzsite, Ariz.</a>, a critical location between Phoenix and Los Angeles, working toward ensuring the electrification of high-demand highway routes is reliable and future-proofed with consistent energy storage and megawatt+ charging capabilities.Range anxiety has historically been a common criticism of electric vehicles, though now EV users are now more commonly citing charger anxiety, or feeling uncertain about whether they’ll be able to charge at the next charging station they encounter. Nxu is aiming to curb this anxiety with consistent, reliable and convenient charging destinations, utilizing the foundational technology of its Nxu One Megawatt+ Charging System. From software to hardware to charging locations, the Nxu ecosystem will eliminate unreliable service contractors and streamline the customer experience.About Nxu, Inc.&nbsp;Nxu, Inc. is a domestic technology company leveraging its intellectual property and&nbsp;innovations to support e-Mobility and energy storage solutions.&nbsp;Driving the energy future, Nxu is developing an ecosystem of industry-leading grid level energy storage solutions, charging infrastructure and over-air cloud management – encompassed by&nbsp;Nxu’s seamless subscription-based models. For more information, visit&nbsp;<a href="https://www.globenewswire.com/Tracker?data=edd5xm_EYRGrxLA4t_HlT3fCgIFVziaRx_i05yqf4mlnqgC-2D7Zr_Q05dAGrWMDPr-jrG5ZqJ3UhdIFiTFWC6TbzHZWO-WV5kl8oW32wAo=" rel="noopener noreferrer" target="_blank">www.nxuenergy.com</a>.Forward-Looking&nbsp;Statements&nbsp;This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our future areas of focus and expectations for our business. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievements to materially differ from those expressed or implied by these forward-looking statements. Such forward-looking statements include statements regarding, among other things, Nxu’s expectations about its long term growth strategy, future growth trajectory, revenue and operations; Nxu’s technology and alignment with broader trends in the EV market; opportunities presented by electrification; beliefs about the general strength, weakness or health of Nxu’s business; and beliefs about current or future trends in EV battery materials or other markets and the impact of these trends on Nxu’s business. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent report on Form 10-K, particularly under the heading “Risk Factors.”&nbsp;Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at&nbsp;<a href="https://www.globenewswire.com/Tracker?data=edd5xm_EYRGrxLA4t_HlTy1H6gJ78uEfUiWqxTBcAaHnxEl-SQFdCg3cq_zN5DCl1LIa-IvIj45y569DzmYKIB_5Bg3RcfaBPuM_Ov-iRWI=" rel="noopener noreferrer" target="_blank">www.nxuenergy.com</a>. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.&nbsp;CONTACT:&nbsp;Media ContactAmy O’Hara<a href="https://www.globenewswire.com/Tracker?data=SUL6HDPfkSm3AO3tHh743VKg5vlTHs3YEwCDFIVZBmWFGbB5vC3JaKFXHXl2GWBR0lLHD2aMQdW2BkfBESc7dV83qBZX3-NPdO_5iMezq-w=" rel="noopener noreferrer" target="_blank">info@nxuenergy.com</a>Investor Contact&nbsp;Nxu, Inc.&nbsp;<a href="https://www.globenewswire.com/Tracker?data=i_g0plVcvnhGoW_ckFVu8pvjM1DDYxV1WehE9GMSvWdufBa9oRL7C39abfUY8-64K7z4R5JusRsmwpJk6DU-cWkpZfcI69l1bl7-lydLDIA=" rel="noopener noreferrer" target="_blank">Investors@nxuenergy.com</a>

Nxu Launches Revenue-Generating EV Charging Field Trials in Celebration of National Drive Electric Week

<h3 style="text-align: center;">Standard-Agnostic Nxu One Megawatt+ Charging System Debuts With $1 Charging Promotion &nbsp;</h3>MESA, Ariz., Sept. 21, 2023 - Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, will launch its first public EV charging field trials, in Mesa, Ariz. on Thursday, Sept. 28, at 6 a.m. The Nxu One Megawatt+ Charging System will be located outside the Company’s manufacturing facility at 1828 N. Higley Road in Mesa, where EV users can charge their vehicles, of any make or model that supports CCS, 24 hours a day. In celebration of National Drive Electric Week, Nxu is offering $1 charges from Thursday, Sept. 28 – Sunday, Oct. 1. “EV users are looking for charging solutions that are reliable, consistent and convenient. Today, they often only get one of those three, if any at all, when they charge their vehicles,” said Nxu Founder, Chairman and CEO Mark Hanchett. “Nxu aims to deliver on all three, starting with our proprietary, powerful Nxu One Charging System. We anticipate a very favorable response from those who experience our charging technology and we can’t wait to put charging power back in the hands of EV drivers.” The Nxu One Charging System is the only one on the market capable of delivering more than 700kW of universal charging. It is designed to support up to 4.5MW of bi-directional DC power and up to 50kW of bi-directional AC power.&nbsp;Nxu One adapts to any vehicle that supports CCS, charging as fast and with as much power as the vehicle will allow – whether that’s a Chevy Bolt or an EV semi. A seamless cloud experience provides charging monitoring and payment solutions on your mobile device.About Nxu, Inc.&nbsp;Nxu, Inc. is a domestic technology company leveraging its intellectual property and&nbsp;innovations to support e-Mobility and energy storage solutions.&nbsp;Driving the energy future, Nxu is developing an ecosystem of industry-leading grid level energy storage solutions, charging infrastructure and over-air cloud management – encompassed by&nbsp;Nxu’s seamless subscription-based models. For more information, visit <a href="http://www.nxuenergy.com/" rel="noopener noreferrer" target="_blank">www.nxuenergy.com</a>. &nbsp;Forward-Looking&nbsp;Statements&nbsp;This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our future areas of focus and expectations for our business. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievements to materially differ from those expressed or implied by these forward-looking statements. Such forward-looking statements include statements regarding, among other things, Nxu’s expectations about its long term growth strategy, future growth trajectory, revenue and operations; Nxu’s technology and alignment with broader trends in the EV market; opportunities presented by electrification; beliefs about the general strength, weakness or health of Nxu’s business; and beliefs about current or future trends in EV battery materials or other markets and the impact of these trends on Nxu’s business. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent report on Form 10-K, particularly under the heading “Risk Factors.”&nbsp;Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at <a href="http://www.nxuenergy.com/" rel="noopener noreferrer" target="_blank">www.nxuenergy.com</a>. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.&nbsp;&nbsp;CONTACT:&nbsp;Media ContactAmy O’Hara<a href="mailto:info@nxuenergy.com" rel="noopener noreferrer">info@nxuenergy.com</a>Investor Contact&nbsp;Nxu, Inc.&nbsp;<a href="mailto:Investors@nxuenergy.com" rel="noopener noreferrer">Investors@nxuenergy.com</a>&nbsp;&nbsp;

Nxu Opens Game-Changing Charging System to the Public on Sept. 28th

Nxu Management Attends Virtual Investor EventMESA, Ariz., Sept. 19, 2023 - Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating EV charging and energy storage solutions for the infrastructure we need to power our electrified future, will participate in the Northland Capital Markets Institutional Investor Conference, held virtually today, Sept. 19.&nbsp;&nbsp;On the heels of last week’s H.C. Wainwright 25th Annual Investment Conference in New York City, management is conducting virtual, one-on-one meetings, sharing the latest Nxu Investor Deck, available on the Company’s Investor Relations site: <a href="https://bit.ly/NorthlandNxuDeck" rel="noopener noreferrer" target="_blank">https://bit.ly/NorthlandNxuDeck</a>About Nxu, Inc.&nbsp;Nxu, Inc. is a domestic technology company leveraging its intellectual property and innovations to support e-Mobility and energy storage solutions. Driving the energy future, Nxu is developing an ecosystem of industry-leading grid level energy storage solutions, charging infrastructure and over-air cloud management – encompassed by Nxu’s seamless subscription-based models. For more information, visit <a href="http://www.nxuenergy.com/" rel="noopener noreferrer" target="_blank">www.nxuenergy.com</a>.&nbsp;&nbsp;Forward-Looking Statements&nbsp;This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our future areas of focus and expectations for our business. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievements to materially differ from those expressed or implied by these forward-looking statements. Such forward-looking statements include statements regarding, among other things, Nxu’s expectations about its long term growth strategy, future growth trajectory, revenue and operations; Nxu’s technology and alignment with broader trends in the EV market; opportunities presented by electrification; beliefs about the general strength, weakness or health of Nxu’s business; and beliefs about current or future trends in EV battery materials or other markets and the impact of these trends on Nxu’s business. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent report on Form 10-K, particularly under the heading “Risk Factors.” Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at <a href="http://www.nxuenergy.com/" rel="noopener noreferrer" target="_blank">www.nxuenergy.com</a>. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.&nbsp;&nbsp;CONTACT:&nbsp;Media Contact&nbsp;Amy O’Hara&nbsp;<a href="mailto:info@nxuenergy.com" rel="noopener noreferrer">info@nxuenergy.com</a>&nbsp;Investor Contact&nbsp;&nbsp;Nxu, Inc.&nbsp;&nbsp;<a href="mailto:Investors@nxuenergy.com" rel="noopener noreferrer">Investors@nxuenergy.com</a>&nbsp;&nbsp;&nbsp;&nbsp;

Nxu Inc. Participates in Northland Capital Markets Institutional Investor Conference

<h3>Nxu One Megawatt+ Charging System is Standard-Agnostic and Charges as Fast as the Vehicle Will Allow</h3>MESA, Ariz., Sept. 18, 2023 -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating EV charging and energy storage solutions for the infrastructure we need to power our electrified future, is under contract to purchase the site for its first deployment of megawatt+ charging, in Quartzsite, Ariz. Located on a major highway corridor immediately off exit 19 on Interstate 10, the Nxu One Megawatt+ Charging location will provide a much-needed charging experience for the growing number of consumer and commercial EVs regularly traveling on this major freeway between Phoenix and Los Angeles.The Nxu One Charging System is the only universal, dual-technology solution available for public charging. With a liquid-cooled charging handle, it is designed to support up to 4.5MW of bi-directional DC power and up to 50kW of bi-directional AC power.&nbsp;Nxu One adapts to the vehicle, charging as fast and as powerful as the vehicle will allow – whether that’s a Chevy Bolt or an EV semi. A seamless cloud experience provides charging monitoring and payment solutions.“The number of consumer EV and commercial truck drivers that are traveling longer distances, and need better, more customer-centric charging solutions, is growing by the day,” said Nxu Founder, Chairman and CEO Mark Hanchett. “The decision to advance our electric future should be rewarded with an efficient charging experience, not punished by long lines, unreliable technology, and slow charging. We’re honored to be partners in getting EV adopters from point A to point B with the consistency and confidence their gas-powered counterparts enjoy.”Building on its successful demonstrations of megawatt+ charging and NACS charging compatibility earlier this year, the Company is deploying field trials of its Nxu One Charging System in the coming weeks. Nxu anticipates beginning construction in Quartzsite in 2024, with the intent to offer charging to customers as soon as possible upon construction completion.About Nxu, Inc.&nbsp;Nxu, Inc. is a domestic technology company leveraging its intellectual property and&nbsp;innovations to support e-Mobility and energy storage solutions.&nbsp;Driving the energy future, Nxu is developing an ecosystem of industry-leading grid level energy storage solutions, charging infrastructure and over-air cloud management – encompassed by&nbsp;Nxu’s seamless subscription-based models. For more information, visit&nbsp;<a href="http://www.nxuenergy.com/" rel="noopener noreferrer" target="_blank">www.nxuenergy.com</a>.Forward-Looking&nbsp;Statements&nbsp;This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our future areas of focus and expectations for our business. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievements to materially differ from those expressed or implied by these forward-looking statements. Such forward-looking statements include statements regarding, among other things, Nxu’s expectations about its long term growth strategy, future growth trajectory, revenue and operations; Nxu’s technology and alignment with broader trends in the EV market; opportunities presented by electrification; beliefs about the general strength, weakness or health of Nxu’s business; and beliefs about current or future trends in EV battery materials or other markets and the impact of these trends on Nxu’s business. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent report on Form 10-K, particularly under the heading “Risk Factors.”&nbsp;Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at&nbsp;<a href="http://www.nxuenergy.com/" rel="noopener noreferrer" target="_blank">www.nxuenergy.com</a>. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.&nbsp;CONTACT:&nbsp;Media ContactAmy O’Hara<a href="mailto:info@nxuenergy.com" rel="noopener noreferrer">info@nxuenergy.com</a>Investor Contact&nbsp;Nxu, Inc.&nbsp;<a href="mailto:Investors@nxuenergy.com" rel="noopener noreferrer">Investors@nxuenergy.com</a>

Nxu Announces First Megawatt+ Charging Site Along Major Highway Corridor

<h3>Nxu CEO, President and CFO Attend Prominent Investor Event</h3>MESA, Ariz., Sept. 13, 2023 -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating EV charging and energy storage solutions for the infrastructure we need to power our electrified future, participated in the H.C. Wainwright 25th&nbsp;Annual Investment Conference in New York City, held Sept. 11-13.Management is conducting in-person, one-on-one meetings, sharing the latest Nxu Investor Deck, available on the Company’s Investor Relations site:&nbsp;<a href="https://www.globenewswire.com/Tracker?data=uwh6dTB-AXvX5YsgrLtN9kUSBlyV5-22q9MthqszhF-BQl5XBk5zUcgXbQ__FvhmX_TbvrRcckQsNKlGdObDueZotxfNXYf1s9uPh6RPIeE=" rel="noopener noreferrer" target="_blank">https://bit.ly/NxuDeck</a>.About Nxu, Inc.Nxu, Inc. is a domestic technology company leveraging its intellectual property and&nbsp;innovations to support e-Mobility and energy storage solutions.&nbsp;Driving the energy future, Nxu is developing an ecosystem of industry-leading grid level energy storage solutions, charging infrastructure and over-air cloud management – encompassed by&nbsp;Nxu’s seamless subscription-based models. For more information, visit&nbsp;<a href="http://www.nxuenergy.com/" rel="noopener noreferrer" target="_blank">www.nxuenergy.com</a>.Forward-Looking&nbsp;StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our future areas of focus and expectations for our business. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievements to materially differ from those expressed or implied by these forward-looking statements. Such forward-looking statements include statements regarding, among other things, Nxu’s expectations about its long term growth strategy, future growth trajectory, revenue and operations; Nxu’s technology and alignment with broader trends in the EV market; opportunities presented by electrification; beliefs about the general strength, weakness or health of Nxu’s business; and beliefs about current or future trends in EV battery materials or other markets and the impact of these trends on Nxu’s business. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent report on Form 10-K, particularly under the heading “Risk Factors.”&nbsp;Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at&nbsp;<a href="http://www.nxuenergy.com/" rel="noopener noreferrer" target="_blank">www.nxuenergy.com</a>. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.CONTACT:Media ContactAmy O’Hara<a href="mailto:info@nxuenergy.com" rel="noopener noreferrer">info@nxuenergy.com</a>Investor Contact&nbsp;Nxu, Inc.&nbsp;<a href="mailto:Investors@nxuenergy.com" rel="noopener noreferrer">Investors@nxuenergy.com</a>&nbsp;&nbsp;

Nxu Inc. Participates in H.C. Wainwright 25th Annual Investment Conference

<h2>Murphy Brings Hypergrowth Startup and Big Four Accounting Firm Experience as Nxu Focuses on Internal Efficiencies</h2>MESA, Ariz., Sept. 06, 2023 -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating EV charging and energy storage solutions for the infrastructure we need to power our electrified future, is pleased to welcome Jessica Murphy, who joins the Company as Controller. Murphy’s deep experience in financial reporting and public company accounting in both rapid-growth startup settings and newly public company settings will bring valuable expertise in financial controls and operational expenditures.“Adding Jessica’s expertise to the team is a key part of our strategy to enhance the Company’s financial processes and reduce dependencies on external resources,” said Nxu Chief Financial Officer Apoorv Dwivedi. “Jessica is part of a finance team focused on reducing operating expenses, ensuring Nxu attracts and retains investors, while thriving in this very competitive business environment.”As Controller, Murphy, whose experience includes Leslie’s, Inc., Carvana Co. and KPMG, will be responsible for external reporting, accounting policies and practices and managing operational accounting at Nxu.“It's clear that Nxu has ambitious, innovative plans for our electrified future, and I'm thrilled to be a part of that,” said Murphy. “I've seen the advantages of having a robust internal finance team in place and the efficiencies that creates, and I look forward to bringing my experience to bear as we decrease expenses and maximize innovation."About Nxu, Inc.&nbsp;Nxu, Inc. is a domestic technology company leveraging its intellectual property and&nbsp;innovations to support e-Mobility and energy storage solutions.&nbsp;Driving the energy future, Nxu is developing an ecosystem of industry-leading grid level energy storage solutions, charging infrastructure and over-air cloud management – encompassed by&nbsp;Nxu’s seamless subscription-based models. For more information, visit&nbsp;<a href="https://www.globenewswire.com/Tracker?data=7tzBDLhHdorrrQHDrq6zCSJHFaf80dgEQu5bZC_aKdYJsihgMNquiRHWjjwMre4r6ECgWiR1jSoyyFwjoAdg6tieIx67E2K1pscKZeWhT78=" rel="noopener noreferrer" target="_blank">www.nxuenergy.com</a>.Forward-Looking&nbsp;Statements&nbsp;This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our future areas of focus and expectations for our business. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievements to materially differ from those expressed or implied by these forward-looking statements. Such forward-looking statements include statements regarding, among other things, Nxu’s expectations about its long term growth strategy, future growth trajectory, revenue and operations; Nxu’s technology and alignment with broader trends in the EV market; opportunities presented by electrification; beliefs about the general strength, weakness or health of Nxu’s business; and beliefs about current or future trends in EV battery materials or other markets and the impact of these trends on Nxu’s business. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent report on Form 10-K, particularly under the heading “Risk Factors.”&nbsp;Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at&nbsp;<a href="https://www.globenewswire.com/Tracker?data=7tzBDLhHdorrrQHDrq6zCcubgqU2fx59HdkrtTIRSU_Aw1j5uskeHrozuZIVU5YBWYMclMLbdpTaMOkg8JoAFG5z4uJLiDV1G_65BWqBwcg=" rel="noopener noreferrer" target="_blank">www.nxuenergy.com</a>. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.&nbsp;

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Nxu Inc. Participates in Northland Capital Markets Institutional Investor Conference

Nxu Announces First Megawatt+ Charging Site Along Major Highway Corridor

Nxu Inc. Participates in H.C. Wainwright 25th Annual Investment Conference

Nxu Strengthens Finance Team with Seasoned Accounting and Reporting Professional Jessica Murphy

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