Welcome to our dedicated page for Nuvve Holding news (Ticker: NVVE), a resource for investors and traders seeking the latest updates and insights on Nuvve Holding stock.
Nuvve Holding Corp (NVVE) pioneers vehicle-to-grid (V2G) technology, enabling electric vehicles to stabilize power grids and accelerate renewable energy adoption. This page serves as the definitive source for NVVE news, offering investors and industry stakeholders timely updates on corporate developments, technological breakthroughs, and strategic partnerships.
Access press releases, earnings reports, and regulatory filings in one centralized location. Track NVVE’s progress in commercializing bidirectional charging solutions, expanding global partnerships, and advancing clean energy infrastructure. Our curated news collection helps you monitor key initiatives like grid optimization projects, fleet electrification programs, and software platform enhancements.
Discover updates across critical categories including technology milestones, financial performance, regulatory compliance, and market expansion. Whether you’re analyzing NVVE’s role in smart grid ecosystems or evaluating its position within the EV sector, this resource provides essential insights for informed decision-making.
Bookmark this page for continuous access to NVVE’s evolving story. Combine real-time updates with historical context to assess the company’s trajectory in transforming energy management through innovative V2G solutions.
Nuvve Holding Corp. (Nasdaq: NVVE) has partnered with Jefferies as its exclusive infrastructure financing partner for the Electrify New Mexico initiative. Jefferies will help structure and secure capital markets transactions to fund EV charging infrastructure, grid-integrated mobility hubs, and clean energy assets linked to Nuvve's New Mexico state contract.
The partnership represents a significant step in implementing one of the most ambitious state electrification efforts in the U.S. Nuvve has established a regional subsidiary, Nuvve New Mexico , to execute the statewide contract and lead local implementation. The initiative gains momentum as New Mexico shows strong political support for clean energy, with nearly 100 bills introduced in the recent legislative session supporting clean energy goals, including investments in EV infrastructure and grid resilience.
Nuvve Holding Corp. (NVVE) has released its Q4 and full-year 2024 financial results, showing mixed performance. The company increased its megawatts under management by 22.3% to 30.7 megawatts compared to year-end 2023. Q4 revenue remained relatively flat at $1.79 million versus $1.64 million in Q4 2023.
Key financial metrics include:
- Operating expenses reduced by $2.0 million to $5.9 million in Q4 2024
- Product margins decreased to 11.5% from 24.0% year-over-year
- Net loss improved to $5.1 million from $7.3 million in Q4 2023
- Cash position of $0.4 million at year-end, with additional $2.6 million raised in early 2025
The company entered 2025 with over $18 million in customer backlog and secured a new contract with the State of New Mexico for turnkey electrification services.
Nuvve Holding Corp. (Nasdaq: NVVE) has launched a new Battery-as-a-Service (BaaS) offering, a subscription-based solution targeting electric cooperatives and load-serving entities. The service provides battery energy storage systems through 10-12 year service agreements, requiring minimal upfront capital investment.
The BaaS platform offers scalable solutions ranging from commercial and industrial to utility-scale deployments, with capital expenditure between $1 and $10M. Nuvve provides comprehensive turnkey solutions including procurement, installation, operations, maintenance, and grid integration.
The company has appointed Michael Smucker as Senior Director of Sales within the Grid Modernization unit to support this expansion. Initial deployments are expected to begin in late 2025, with ongoing project development and partner discussions across multiple regions.
Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in grid modernization and vehicle-to-grid (V2G) technology, has announced it will provide its fourth quarter 2024 financial update on Monday, March 31, 2025.
The company will host an investor conference call at 5:00 PM Eastern Time (2:00 PM PT) on the same day. Investors can participate by accessing the live webcast through the 'Events' section of Nuvve's investor relations website. A replay of the call will be made available for future access.
Nuvve Holding Corp. (Nasdaq: NVVE) has established Nuvve New Mexico , appointing Ted Smith as CEO to execute a recently awarded State of New Mexico contract. This strategic move aligns with New Mexico's ambitious clean transportation and energy initiatives, supported by Governor Michelle Lujan Grisham's executive orders.
The state's 2025 legislative session includes over 50 bills proposing more than $6 billion in appropriations for various clean energy initiatives, including:
- Electric school buses
- EV charging infrastructure
- Zero-emission vehicle adoption
- Advanced grid technologies
- Microgrids
- Resilience planning
The new subsidiary will focus on implementing Nuvve's vehicle-to-grid (V2G) and energy management solutions to optimize energy use, reduce costs, and enhance grid resilience across New Mexico.
Nuvve Holding Corp. (NASDAQ: NVVE) has announced the launch of NUVVE Japan, marking its international expansion through a new franchise business model. The model allows local entities and investors to partially own regional businesses while maintaining the option to participate in Nuvve Holding Corp.'s common stock ownership.
The company has appointed Masa Higashida, a serial entrepreneur with over 35 years of experience in fintech, to lead the Tokyo-based operation. This strategic move comes as Japan increases investments in sustainable energy solutions and EV infrastructure.
Nuvve's vehicle-to-grid (V2G) technology enables electric vehicles to interact with the power grid, optimizing energy usage, reducing costs, and enhancing grid stability. The franchise model is designed to foster localized investment while allowing investors to execute non-diluted actions upon exit, ensuring maximum returns without impacting existing shareholders.
Nuvve Holding Corp. (NASDAQ: NVVE) has secured a significant $400 million contract from the State of New Mexico (SONM) to provide comprehensive electrification solutions over the next 4 years. The contract, awarded following Nuvve's December 2024 submittal to the 'Electrify New Mexico' RFP, aims to support the state's zero-emission vehicle adoption and renewable energy goals.
The contract encompasses:
- $150 million for electrifying over 2,000 school buses
- $250 million for converting 3,500+ state-owned transit and white fleet vehicles
The agreement includes multiple revenue streams for Nuvve, including EV selection and qualification, infrastructure deployment with 20-50% gross margins, V2G services with 30% margins, and the deployment of 24 V2G hubs. The project will feature turnkey EV charging solutions, V2G and microgrid development, corridor charging stations, and innovative financing models.
Nuvve Holding Corp. (NASDAQ: NVVE) has secured a contract with the State of New Mexico to deliver comprehensive electrification solutions supporting the state's zero-emission vehicle adoption and renewable energy goals. The contract, structured as a Statewide Price Agreement (SWPA), has an estimated total addressable market of approximately $400 million for fleet electrification and infrastructure.
The agreement will advance New Mexico's "Vehicles as a Service" (VaaS) program through several key initiatives:
- Turnkey EV charging solutions
- Vehicle-to-Grid (V2G) and microgrid development
- Corridor charging stations along state highways
- EV leasing and infrastructure financing
- Asset transition and management
Nuvve expects to announce the first project by the end of Q2. The partnership aims to integrate vehicle electrification with clean energy solutions while maintaining equitable energy costs and supporting Governor Michelle Lujan Grisham's executive order to transition the state fleet to zero emissions.
Nuvve Holding Corp. (Nasdaq: NVVE), a leader in grid modernization and vehicle-to-grid (V2G) technology, has announced its participation in the Roth Capital Conference scheduled for March 16-18, 2025, in Dana Point, California.
The company's leadership team will be available for one-on-one and small-group meetings during this premier U.S. investor conference, which brings together institutional investors, industry leaders, and emerging growth companies. During these sessions, they will discuss Nuvve's advancements in grid resiliency, expanding partnerships, and vision for energy storage and V2G technology.
Nuvve's proprietary technology continues to optimize the energy ecosystem amid growing demand for clean energy solutions, focusing on cost reduction and carbon footprint minimization. Interested investors and analysts can schedule meetings through Roth MKM.
Nuvve Holding Corp. (NVVE) has engaged Roth Capital Partners as an additional M&A and investment bank advisor, complementing its existing relationship with Cappello Global. This strategic collaboration aims to support Nuvve's growth initiatives in the vehicle-to-grid (V2G) and grid modernization sectors.
Roth Capital Partners, experienced in cleantech and energy sectors, will guide Nuvve on potential acquisitions, strategic partnerships, and market expansion opportunities. The company's executive team believes their AI-based energy management technology positions them to lead in grid modernization. The partnership focuses on accelerating the deployment and adoption of Nuvve's platform, which aims to optimize energy storage and transform electric vehicle grid interactions while maintaining equitable energy costs.
