Nuvve Holding Corp - NVVE STOCK NEWS

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.

Nuvve Holding Corp. (NVVE) has announced a collaborative pilot program with Resource Innovations and ComEd to explore bidirectional charging benefits using electric school buses in northern Illinois. The pilot, running through Q4 2025, will evaluate the environmental, societal, and grid impacts of vehicle-to-grid (V2G) technology integration.

Three school districts within ComEd's service area, all Nuvve customers, are expected to join the pilot this year. The program will study how to utilize energy stored in electric school bus batteries to enhance grid stability and reduce energy costs. This initiative is part of ComEd's Beneficial Electrification investments, which include customer EV rebate and education programs.

ComEd's existing EV programs have already facilitated the addition of 3,500 EV charging ports and 200 EV fleet vehicles across the region. The company serves over 4.3 million customers across northern Illinois.

Nuvve Holding Corp. (Nasdaq: NVVE) has selected Tellus Power Green as a key supplier for its advanced charging portfolio after evaluating over 30 manufacturers through extensive validation and reliability testing. Tellus was chosen for its innovative engineering, V2G technology capabilities, and inclusion on utility Approved Product Lists (APLs).

Tellus offers bidirectional and unidirectional chargers ranging from 20 kW to 360 kW, designed for V2G and various energy applications. The partnership marks Nuvve's first step in expanding its supplier ecosystem to meet growing electrification demands. The chargers are immediately available for orders.

Nuvve Holding Corp. (NVVE) has announced its Board's approval to include Bitcoin (BTC) as a primary asset in its treasury management program. The company will allocate up to 30% of its excess cash to BTC purchases, calculated based on estimated six-month operating expenses. The allocation will be subject to market conditions and operational cash requirements.

The vehicle-to-grid (V2G) technology company aims to diversify its treasury holdings and plans to enable BTC as a payment option for customers and suppliers. This initiative aligns with Nuvve's mission to promote grid electrification through innovation, supporting utilities in maintaining equitable energy costs through fleet-to-grid solutions and multi-purpose energy storage.

Nuvve Holding Corp. (NVVE) has launched a new line of bidirectional and unidirectional chargers, expanding its vehicle-to-grid (V2G) technology portfolio. The product range includes chargers from 20 kW to 360 kW, targeting school buses, commercial fleets, public infrastructure, and microgrid applications.

The new chargers feature Open Charge Point Protocol (OCPP) integration, remote monitoring capabilities, over-the-air updates, and various form factors including wall boxes and mono-blocks with optional dual ports. They are integrated with Nuvve's energy management software platform and compatible with the company's GIVe™ and FLEETBOX™ platforms.

The products are immediately available and can be selected with domestically sourced parts to meet Buy America Build America (BABA) compliance requirements. Each charger undergoes validation for reliability and V2G compatibility.

Nuvve Holding Corp. (Nasdaq: NVVE) has announced a Special Meeting of Stockholders scheduled for January 13, 2025, at 1:00 p.m. Eastern Time. The company is urging all shareholders, regardless of their holdings, to participate in the voting process. The record date for the Special Meeting is set for December 6, 2024.

Shareholders can access voting assistance through Advantage Proxy, Inc. via phone (1-877-870-8565) or email (ksmith@advantageproxy.com). The company has filed its definitive proxy statement with the SEC on December 16, 2024, which is available for free viewing on the SEC's website.

Nuvve Holding Corp. (Nasdaq: NVVE) has announced a Special Meeting of Stockholders scheduled for January 13, 2025, at 1:00 p.m. Eastern Time. The company has set December 6, 2024, as the record date for the meeting. Shareholders can vote using methods detailed in the distributed proxy materials and can receive assistance from Advantage Proxy, Inc. The company urges all shareholders, regardless of their holdings, to vote and review the definitive proxy statement filed with the SEC on December 16, 2025, which is accessible on the SEC's website.