VectoIQ Acquisition Corp. II is a newly incorporated blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. VectoIQ II’s business strategy is to identify and complete its initial business combination with a company that complements the experience of the management team and can benefit from the management team’s expertise. VectoIQ II’s selection process is expected to leverage its management team’s contacts in the industrial technology, automotive and smart mobility industries globally, which it believes will provide the company with access to attractive business combination opportunities in these industries.