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.

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SAN DIEGO , Oct. 18, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE) ("Nuvve"), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, announced today the pricing of an underwritten public offering with gross proceeds to the Company expected to be approximately $1,000,000, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering consists of 7,142,857 shares of common stock at a price to the public of $0.14 per share.

Nuvve Holding Corp. Announces Pricing of $1,000,000 Underwritten Public Offering

Nuvve (NASDAQ: NVVE ) stock is sliding lower on Wednesday as the green energy technology company prepares for a public share offering. A filing with the Securities and Exchange Commission (SEC) reveals that Nuvve is considering a public offering for shares of NVVE stock.

Why Is Nuvve (NVVE) Stock Down 37% Today?

EUROPE GRANTS NUVVE "VEHICLE-TO-VEHICLE" PATENT NUVVE'S PATENTS DISCLOSE MULTIPLE V2G INNOVATIONS FROM VARYING SYSTEM-LEVEL PERSPECTIVES SAN DIEGO , Oct. 13, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE) ("Nuvve"), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, today commented on its newly granted European patent. Nuvve, which has seen strong growth and forged significant partnerships, is the only pure-play public company today with a proven track record in deploying commercially available and scalable V2G technology worldwide.

NUVVE UPDATES ITS V2G PATENT PORTFOLIO

SAN DIEGO , Oct. 12, 2023 /PRNewswire/ -- Nuvve Holding Corp. ("Nuvve" or "the Company") (Nasdaq: NVVE), a global leader in vehicle-to-grid technology and deployments, announced today that it has received a 180 calendar day extension, until April 8, 2024, from the Nasdaq Stock Market ("Nasdaq"), to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) (the "Bid Price Rule"). The Bid Price Rule stipulates that the bid price of Nuvve's common stock must close at $1.00 per share or more for a minimum of 10 consecutive business days.

Nuvve Receives 180 Calendar Day Extension from the Nasdaq Stock Market to Regain Compliance with Bid Price Rule

The RESCHOOL project demonstrates how two San Diego electric school bus fleets provide grid resiliency and serve as a roadmap for other school districts to follow SAN DIEGO , Oct. 6, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in vehicle-to-grid technology and deployments, has received a proposed award of $1,910,703 by the California Energy Commission (CEC) under the CEC's Electric School Bus Bi-Directional Infrastructure funding opportunity. The grant will fund Nuvve's groundbreaking project, RESCHOOL: Resilient Energy Solutions for Schools, which is intended to showcase the transformative potential of electric school buses (ESBs) and bi-directional charging infrastructure to enhance the resilience of California's power grid.

CEC Awards Nuvve $1.9M Grant for Innovative Vehicle-to-Microgrid Project

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Nuvve Holding Corp. (NASDAQ:NVVE ) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Eduardo Royes - Investor Relations Gregory Poilasne - Chief Executive Officer David Robson - Chief Financial Officer Conference Call Participants Eric Stine - Craig-Hallum Brian Dobson - Chardan Operator Good afternoon and welcome to Nuvve Holding Corporation's Second Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Nuvve Holding Corp. (NVVE) Q2 2023 Earnings Call Transcript

Investor Conference Call to be Held Today at 5:00 PM Eastern Time (2:00 PM PT) SAN DIEGO , Aug. 10, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provides other grid services, today provided a second quarter 2023 update.    Second  Quarter Highlights Introduced Astrea AI forecasting into the Nordic energy market to optimize revenue generation from ancillary market services Launched Nuvve K-12, a new division focused on turnkey electrification services for student transportation, and hired new team to build out the program Secured Nuvve's largest DC Fast Charger order to-date with 25 bi-directional DC Rapid HD Charging Stations for a member of Beacon Mobility in Massachusetts Reduced cash operating costs in second quarter 2023 to $7.3 million compared $8.3 million in second quarter 2022 Megawatts under management increased 9.0% to 20 megawatts as of June 30, 2023 compared to 18.3 megawatts on March 31, 2023; backlog increased to $6.1 million at June 30, 2023 from $4.2 million on March 31, 2023 Cash and cash equivalents of $11.1 million as of June 30, 2023 Management Discussion Gregory Poilasne, Chief Executive Officer of Nuvve, said, "We are pleased to have achieved record orders for our DC Fast Chargers during the second quarter of 2023 – the second quarter in a row of record orders for Nuvve – driving a significant increase in our backlog.

Nuvve Provides Second Quarter 2023 Financial Update

Investor conference call to be held at 5 PM Eastern Time SAN DIEGO , Aug. 3, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in vehicle-to-grid technology and deployments, announced today that it will conduct a conference call to review the financial results for the second quarter 2023 at 5 PM ET (2 PM PT) on Thursday, August 10, 2023. The Company will issue a press release detailing its results after market close that same day.

Nuvve to Report Second Quarter 2023 Financial Results on Thursday, August 10, 2023

Beacon Mobility subsidiary NRT Bus will use 25 Nuvve DC Rapid HD Charging Stations for new electric school buses in Lawrence, Mass. SAN DIEGO , July 13, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in vehicle-to-grid technology and deployments, will supply NRT Bus, a member of the Beacon Mobility family of companies, with 25 bi-directional Nuvve DC Rapid HD Charging Stations for Lawrence Public Schools in Lawrence, Mass.

Nuvve's Largest DC Fast Charger Order To Power New England School Bus Fleet

AI will help reduce charging costs and improve the customer experience by advancing fleet vehicle forecasting with improved trip automation recommendations and enhanced scheduling predictions SAN DIEGO , July 11, 2023 /PRNewswire/ -- As a global vehicle-to-grid (V2G) technology leader, Nuvve is pioneering the introduction of artificial intelligence into its software platform for fleets through an integration with Astrea AI®. "This innovation in AI-assisted charge management will help V2G become ubiquitous.

Nuvve Introduces Artificial Intelligence Into Its GIVe™ Software Platform Via Integration Into the FleetBox® Charge Management App

Forecasts future price and capacity for Nordic TSOs' primary reserves Optimizes revenue generation from ancillary market services Integrated with Nuvve GIVe V2G platform to benefit electric fleet customers SAN DIEGO , June 22, 2023 /PRNewswire/ -- Nuvve Holding Corporation (Nasdaq: NVVE), a global leader in vehicle-to-grid technology and deployments, has launched its Astrea AI artificial intelligence technology to optimize revenue from ancillary services to Nordic transmission system operators from its V2G fleet customers. Astrea AI continuously forecasts prices and capacity for Nordic primary reserves to optimize energy market bids.

Nuvve Introduces Astrea AI Forecasting for Nordic Energy Market

Senior Vice President of Sales David Bercik comes from partner Blue Bird with responsibility for Nuvve K-12, a new dedicated division providing turnkey fleet electrification services for North American student transportation SAN DIEGO , June 6, 2023 /PRNewswire/ -- Experienced student transportation and automotive sales and marketing executive David Bercik has joined Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in vehicle-to-grid (V2G) technology, to launch Nuvve K-12, a new division focused on turnkey electrification services for student transportation. As Senior Vice President of Sales – School Bus and GSA, Bercik will lead Nuvve's North American student transportation and government fleet sales, supporting its customers through their entire electrification process.

Nuvve Names Senior Sales Executive to Lead K-12 Student Transportation Division

Nuvve Holding Corp. (NASDAQ:NVVE ) Q1 2023 Earnings Conference Call May 11, 2023 5:00 PM ET Company Participants Eduardo Royes - Investor Relations Gregory Poilasne - Chief Executive Officer David Robson - Chief Financial Officer Conference Call Participants Eric Stine - Craig-Hallum Greg Pendy - Chardan Operator Good afternoon and welcome to Nuvve Holding Corp.'s First Quarter 2023 Earnings Call. As a reminder, this conference is being recorded.

Nuvve Holding Corp. (NVVE) Q1 2023 Earnings Call Transcript

Investor Conference Call to be Held Today at 5:00 PM Eastern Time (2:00 PM PT) SAN DIEGO , May 11, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provides other grid services, today provided a first quarter 2023 update.    First  Quarter Highlights Booked record high charger orders, including 24 units for the Los Angeles Unified School district ("LAUSD"), and record high charger deployments, all of which were incremental to anticipated orders related to the EPA Clean School Bus Program Announced partnership with Circle K to provide grid services to electric vehicle fast chargers at 50 of Circle K's service stations and three to five stationary storage sites in Norway and Denmark Reduced cash operating costs in first quarter 2023 to $7.2 million versus $8.2 million in first quarter 2022 Megawatts under management increased 5% to 18.3 megawatts as of March 31, 2023 compared to 17.4 on December 31, 2022; backlog increased to 4.2 million at March 31, 2023 from $4.1 million on December 31, 2022 Subsequent to quarter end, received another large DC charger order from a fleet management company Cash and cash equivalents of $11.8 million as of March 31, 2023 Management Discussion Gregory Poilasne, chief executive officer of Nuvve, said, "2023 is off to a solid start, and we are proud to have delivered record orders and deliveries of our DC fast chargers in the first quarter.

Nuvve Provides First Quarter 2023 Financial Update

Investor conference call to be held at 5 PM Eastern Time SAN DIEGO , May 4, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE) ("Nuvve"), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform designed to enable electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, announced today that it will conduct a conference call to review the financial results for the first quarter 2023 at 5 PM ET (2 PM PT) on Thursday, May 11, 2023. Nuvve will issue a press release detailing its results after market close that same day.

Nuvve to Report First Quarter 2023 Financial Results on Thursday, May 11, 2023

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SB 233 would require two-way charging capability in new EVs sold in California by 2027 SACRAMENTO, Calif. , April 18, 2023 /PRNewswire/ -- The CEO of Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), Gregory Poilasne, testified before the California Senate Energy, Utilities and Communications Committee today in support of proposed legislation which would establish state goals for bidirectional charging, increase funding for bidirectional infrastructure, advance interoperability testing and require new EVs sold in the state to have bidirectional charging capability by 2027.

Nuvve CEO Testifies in Support of California's SB 233 to Turn EVs into Mobile Energy Storage

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Nuvve (NASDAQ: NVVE ) stock is down on Wednesday after the vehicle-to-grid technology company's shares underwent a rally yesterday. Yesterday's rally was the result of leaders at the company buying shares of NVVE stock.

Why Is Nuvve (NVVE) Stock Down 14% Today?

Nuvve Holding Corp. (NASDAQ:NVVE ) Q4 2022 Results Conference Call March 31, 2023 10:00 AM ET Company Participants Eduardo Royes - Managing Director, ICR Gregory Poilasne - Chief Executive Officer David Robson - Chief Financial Officer Conference Call Participants Eric Stine - Craig-Hallum Brian Dobson - Chardan Capital Markets Operator Good morning, and welcome to the Nuvve Holding Corporation Fourth Quarter and Full Year 2022 Earnings Conference Call. All participants will be in a listen-only mode.

Nuvve Holding Corp. (NVVE) Q4 2022 Earnings Call Transcript

Investor Conference Call to be Held Today at 10:00 AM Eastern Time (7:00 AM PT) SAN DIEGO , March 31, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform designed to enable electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provides other grid services, today provided a fourth quarter and full-year 2022 update.   Fourth  Quarter Highlights and Recent Developments Megawatts under management increased 7% to 17.4 megawatts at December 31, 2022 compared to 16.3 at September 30, 2022; backlog was 4.1 million at December 31, 2022 compared to $4.2 million at September 30, 2022.

Nuvve Provides Fourth Quarter and Full Year 2022 Financial Update

Investor conference call to be held at 10 AM Eastern Time SAN DIEGO , March 28, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), the global leader in vehicle-to-grid (V2G) technology, announced today that it will conduct a conference call to review the financial results for the fourth quarter and full year 2022 at 10 AM ET (7 AM PT) Friday, March 31, 2023. The Company plans to issue a press release detailing its results before market open that same day.

Nuvve to Report Fourth Quarter and Full Year 2022 Financial Results on Friday, March 31, 2023

Nuvve's GIVe™ platform is expected to manage an initial 40 megawatts of electric vehicle (EV) fast charging and stationary storage capacity at 50 Circle K service stations with roll out beginning early 2023 Nuvve's cloud-based software will allow fast chargers to provide a variety of grid services including frequency regulation, generating revenue for Circle K and Nuvve by stabilizing deviations in the Norwegian and Danish electric grid Partnership exemplifies flexibility, diversity and reach of Nuvve's technology application SAN DIEGO , Feb. 16, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE) and Circle K AS are partnering on a first-of-its-kind project that brings grid services, including frequency regulation, to electric vehicle fast chargers at 50 of Circle K's service stations and three to five stationary storage sites in Norway and Denmark. The partnership is expected to generate grid services revenues for both Nuvve and Circle K in 2023.

NUVVE AND CIRCLE K DEPLOY LARGE-SCALE GRID SERVICES USING EV FAST CHARGERS IN NORWAY AND DENMARK

SAN DIEGO , Feb. 15, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), the global leader in vehicle-to-grid (V2G) technology, has entered into a service agreement with Shareholder Intelligence Services, LLC ("ShareIntel") to assist in our efforts to help identify and combat suspected illegal naked short selling activities and other potential trading violations or market manipulation. Among other services, ShareIntel will monitor trading activity, including shareholder, critical broker-dealer and clearing firm trading patterns as part of its mission to protect investors and maximize shareholder value.

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