Nuuve

Nuvve Holding Corp. engages in the provision of a commercial vehicle-to-grid (V2G) technology platform. Its V2G technology, Grid Integrated Vehicle (GIVeTM) platform, enables its users to link multiple electric vehicle (EV) batteries into a virtual power plant to provide bi-directional services to the electrical grid. The firm also enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services. The company was founded in 2010 and is headquartered in San Diego, CA.

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Nuvve reports revenue growth and strategic project expansions in Q1

Nuvve's Q1 2024 performance showed revenue growth and improved margins.
The company's focus on V2G technology and EV adoption presents growth opportunities.
Challenges include managing inventory levels and meeting revenue targets.
Overall, Nuvve's financial position strengthened with increased cash and project expansions.

Nuvve reports Q2 revenue decline, eyes growth in energy services

Nuvve faced revenue challenges in Q2 2024 due to delays in EPA funding and order issues, impacting total revenues and revenue recognition timelines.
Despite revenue setbacks, the company showed improved margins, tight cash management, and growth potential in energy management services.
Strategic partnerships, project progress, and resilience in the school bus business signal opportunities for future growth and market expansion.
While facing challenges, Nuvve's focus on financial management and growth initiatives positions it for long-term success and market resilience.

Nuvve reports robust Q3 results, eyes growth through strategic partnerships

Nuvve's Q3 2024 earnings call highlighted strong financial performance, strategic partnerships, and growth prospects. The company's emphasis on expense reduction, margin improvement, and revenue diversification bodes well for future success. Challenges lie in maintaining growth momentum and navigating market dynamics.

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Cenntro Inc

LONG BEACH, Calif.--(BUSINESS WIRE)--Nuvve and Cenntro Announce Alliance to Accelerate Adoption of Commercial Electric Vehicles

Nuvve and Cenntro Announce Alliance to Accelerate Adoption of Commercial Electric Vehicles

Investor conference call to be held at 5 PM Eastern Time SAN DIEGO , May 3, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, announced today that it will conduct a conference call to review the financial results for the first quarter 2022 at 5 PM ET (2 PM PT) on Thursday, May 12, 2022. The Company will issue a press release detailing its results after market close that same day.

Nuvve to Report First Quarter 2022 Financial Results on Thursday, May 12, 2022

Nuvve Holding Corp. (NVVE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Nuvve Holding Corp. (NVVE) Moves 12.7% Higher: Will This Strength Last?

Nuvve joins government, labor, and other industry leaders to ensure EVs are intelligently integrated into the grid SAN DIEGO , April 20, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, took part in a press event earlier today led by the U.S. Department of Energy (DOE) to sign a Memorandum of Understanding (MOU) to work with government agencies, utilities, and electrification industry leaders to accelerate the commercialization of vehicle-to-grid (V2G), vehicle-to-building (V2B), vehicle-to-home (V2H), and other vehicle-grid integration (VGI) technologies. The DOE initiated this agreement to bring together a mix of public entities and private companies to ensure the electrification of electric vehicle (EV) fleets incorporates bidirectional charging that can send power back to the grid, thereby reducing building loads, providing grid services, and creating revenue opportunities for EV owners.

Nuvve Selected as Collaboration Partner with United States Department of Energy to Accelerate V2G Technology

V2G leader and its local strategic partners received approval from Japanese transmission system operator to use stationary batteries for power regulation SAN DIEGO , April 6, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, Toyota Tsusho Corporation (Toyota Tsusho), the trading arm of the Toyota Group, and Chubu Electric Power Miraiz Company (Chubu), a high-tech demand response company in Japan, announced today they received approval from the Japanese transmission system operator (TSO) to participate in the energy market to provide ancillary power and stabilizing services to the grid. Toyota Tsusho, who serves as a local strategy partner, and Nuvve recently completed a series of tests with Chubu that successfully demonstrated the viability of their joint solution to serve as a power source and absorb demand fluctuations.

Nuvve, Toyota Tsusho, and Chubu Electric Power Now Qualified to Start Commercial Participation in Japanese Energy Markets

Nuvve Holding Corp. (NVVE) CEO Gregory Poilasne on Q4 2021 Results - Earnings Call Transcript

Investor Conference Call to be Held Today at 5:00 PM Eastern Time (2:00 PM PT) SAN DIEGO , March 31, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, today announced a fourth quarter and full-year 2021 update.   Fourth  Quarter Highlights and Recent Developments Deployed first vehicle-to-grid (V2G) charging solution with a school bus in Colorado in partnership with Blue Bird Won inaugural Next Big Things in Tech Award from Fast Company Entered into a strategic engagement with Swell Energy to offer solar and stationary battery storage combined with Nuvve's intelligent electric vehicle charging solution for residential and commercial customers Announced plans to form a joint venture with 2021.AI to integrate artificial intelligence with Nuvve's V2G platform Levo announced a 10-year contract awarded by the school district in Troy, Illinois to support its effort to fully electrify its fleet Cash and cash equivalents of $32.4 million, as of December 31, 2021 Management Discussion Gregory Poilasne, chairman and chief executive officer of Nuvve, said, "V2G technology is increasingly gaining recognition across the myriad of stakeholders that stand to benefit from its adoption.

Nuvve Provides Fourth Quarter 2021 and Full Year Financial Update

Investor conference call to be held at 5 PM Eastern Time SAN DIEGO , March 25, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, announced today that it will conduct a conference call to review the financial results for the fourth quarter and full year 2021 at 5 PM ET (2 PM PT) on Thursday, March 31, 2022. The Company will issue a press release detailing its results after market close that same day.

Nuvve to Report Fourth Quarter and Full Year 2021 Financial Results on Thursday, March 31, 2022

SAN DIEGO, March 4, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, and Swell Energy Inc. (Swell), a renewable energy and advanced grid services company, today announced they are launching a strategic engagement to advance opportunities for electric vehicle (EV) participation in Swell's virtual power plant (VPP) network. Together, the companies aim to advance distributed energy resource (DER) management technology in both residential and commercial markets.

Nuvve and Swell Energy Announce Partnership to Offer Combined Solar, Stationary Battery Storage, and Intelligent Electric Vehicle Charging Solution for Residential and Commercial Markets

Evolve Transition Infrastructure LP

SAN DIEGO, March 3, 2022 /PRNewswire/ -- Levo Mobility LLC (Levo), a joint venture of Nuvve Holding Corp. (Nasdaq: NVVE) (Nuvve), affiliates of Stonepeak Partners LP (Stonepeak), and Evolve Transition Infrastructure LP (NYSE: SNMP) (Evolve) that provides Fleet-as-a-Service (FaaS) solutions enabling fleets to switch to electric vehicles (EVs) seamlessly and at scale, announced a 10-year contract award by the Troy Community Consolidated School District 30-C (Troy 30-C) in Illinois to support the district in its effort to fully electrify its fleet. Troy has partnered with Levo to convert its fleet of 64 school buses to zero-emission in as few as 5 years.

Levo Partners with Troy Community Consolidated School District 30-C to Facilitate Largest 100% Zero-Emission School Bus Fleet Conversion Program in the Midwest

SAN DIEGO, Feb. 23, 2022 /PRNewswire/ -- Levo Mobility LLC (Levo), a joint venture of Nuvve Holding Corp. (Nasdaq: NVVE) (Nuvve), affiliates of Stonepeak Partners LP (Stonepeak), and Evolve Transition Infrastructure LP (NYSE: SNMP) (Evolve) that provides Fleet-as-a-Service (FaaS) solutions enabling fleets to switch to electric vehicles (EVs) rapidly, today announced that it has added Maggie Clancy, Chief Commercial Officer, and Walter Watson, Chief Operating Officer, to its senior leadership team. Both individuals join Levo from National Express LLC, a premier North American firm that operates more than 26,000 vehicles to support paratransit, fixed route, shuttle, and school bus passenger needs.

Levo Strengthens Leadership Team with Key Senior Hires

SAN DIEGO, Feb. 17, 2022 /PRNewswire/ --  Nuvve Holding Corp . (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, today announced plans to form a joint venture with 2021.AI Aps (2021.AI) to integrate their artificial intelligence (AI) platform, Grace, to Nuvve's GIVe (Grid Integrated Vehicle) V2G platform.

Nuvve and 2021.AI Announce Plans to Increase Artificial Intelligence Capabilities of Nuvve's V2G Platform

SAN DIEGO, Jan. 14, 2022 /PRNewswire/ -- Nuvve Holding Corp . (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, today announced the appointment of Rashida La Lande to Nuvve's Board of Directors.

Nuvve Grows Board of Directors with Appointment of Rashida La Lande from Kraft Heinz

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Blue Bird

SAN DIEGO and HENDERSON, Colo., Dec. 16, 2021 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, and Colorado/West Equipment, Inc. (Colorado/West), a Blue Bird Corporation (Blue Bird) (Nasdaq: BLBD) dealership, today announced the deployment of the first vehicle-to-grid (V2G) capable electric school bus in the state of Colorado at Durango School District 9-R.

Nuvve and Colorado/West Equipment Deploy First V2G Electric School Bus Solution in Colorado

NAPLES, Fla., Dec. 9, 2021 /PRNewswire/ -- Ecolution Power Company (Ecolution), a clean energy technology company, has signed an LOI to collaborate with Levo Mobility LLC (Levo) to help create the first smart city to achieve net-zero carbon emissions.

Levo and Ecolution Power Team Up with Plans to Fund Electric Buses and Charging Stations Powered by Kinetic Energy

SAN DIEGO, Dec. 8, 2021 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, today announced an agreement with New Hampshire Electric Cooperative (NHEC), a member-owned, not-for-profit electric co-op, to provide first-of-its-kind storage capabilities to the Plymouth-based utility for a fixed yearly fee. The agreement demonstrates the value utilities such as NHEC are starting to place in vehicle-to-grid (V2G) solutions.

Nuvve Teams Up with New Hampshire Electric Co-Op to Bring First-of-its-Kind V2G Benefits to Members

SAN DIEGO, Nov. 18, 2021 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, today announced Fast Company has selected Nuvve to be among the inaugural Next Big Things in Tech honorees. Judged against entries from around the world, Nuvve was acknowledged for its intelligent energy platform that dynamically manages power among electric vehicle (EV) batteries and the grid.

Nuvve Revealed As Next Big Thing in Tech by Fast Company

Nuvve Holding Corp. (NVVE) CEO Gregory Poilasne on Q3 2021 Results - Earnings Call Transcript

SAN DIEGO, Nov. 11, 2021 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, today provided a third quarter 2021 update.   Third  Quarter Highlights and Recent Developments Completed transaction to create Levo Mobility LLC (Levo), a sustainable infrastructure joint venture with Stonepeak Partners LP (Stonepeak) and Stonepeak portfolio company, Evolve Transition Infrastructure LP (NYSE American: SNMP)   Advanced partnership with Blue Bird to install up to 200 charging stations for up to 400 buses in delivery facility in Georgia, creating first of many V2G hubs   Earned competitively awarded contract with Sourcewell, a cooperative purchasing organization, to provide Nuvve's intelligent energy platform to government, education and nonprofit entities   Announced first-of-its-kind V2G partnership in Iberia with Wallbox designed to reduce mounting pressure on the grid and offer users significant financial incentives   Achieved 5.5 megawatts under management during the quarter, increasing total megawatts under management to 12.4 as of September 30, 2021   On Friday, November 5, 2021, the U.S. House of Representatives passed a $1.2 trillion bipartisan infrastructure bill, setting aside $7.5 billion to create a nationwide network of EV charging stations and expedite the adoption of electric cars this decade; $7.5 billion for electric buses; and $65 billion to fund an investment in clean energy and renewables for the nation's electricity grid, and promises to create a more resilient system.

Nuvve Provided Third Quarter 2021 Financial Update

SAN DIEGO, Nov. 10, 2021 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, announced today its plans to install and commission up to 200 Nuvve V2G DC 125kW fast charging stations with dual dispensers at Blue Bird Corporation's (Blue Bird) delivery facility in Fort Valley, Georgia. This will create a first-of-its-kind V2G hub that will help optimize the utilization of electric buses and allow them to act as energy storage assets while waiting to be transported around the country.

Nuvve Announces First-of-its-Kind V2G Hub at Blue Bird Factory to Optimize Utilization of Electric Buses and Provide Capacity to the Grid

SAN DIEGO, Nov. 4, 2021 /PRNewswire/ --  Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, today announced that it will conduct a conference call to review the financial results for the third quarter of 2021 at 11 AM ET (8 AM PT) on Thursday, November 11, 2021. The Company will issue third quarter 2021 financial results before the market opens on November 11, 2021.

Nuvve to Report Third Quarter 2021 Financial Results on Thursday, November 11, 2021

Wallbox NV

BARCELONA, Spain & SAN DIEGO--(BUSINESS WIRE)--Wallbox N.V. (NYSE: WBX) and Nuvve Holding Corp. (Nasdaq: NVVE), announced a first of its kind vehicle-to-grid (V2G) partnership in Iberia designed to reduce mounting pressure on the grid and offer users significant financial incentives. The partnership will incorporate Wallbox's pioneering hardware, Quasar, the world's first DC bidirectional home charger, into Nuvve's patented V2G software technology, GIVe™. The partnership comes at an opportune t

Nuvve and Wallbox Chargers Announce the First of Its Kind V2G Collaboration in Iberia

LOS ANGELES & SAN DIEGO--(BUSINESS WIRE)--The collaboration leverages Nuvve's technology and Stonepeak's and Evolve's capital through Levo to offer V2G-enabled BYD electric fleet vehicles.

BYD and Levo Announce Collaboration to Deploy Up to 5K Battery-Electric Vehicles to Intelligently Electrify U.S. Fleets

SAN DIEGO, Sept. 21, 2021 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, announced today that it has earned a competitively awarded contract with Sourcewell, a cooperative purchasing organization, making it quicker and easier for participating agencies to transition to electric vehicle (EV) fleets while taking advantage of the economic and sustainability benefits of Nuvve's intelligent energy platform.

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