Vehicle-to-grid (V2G) is a technology that lets electric vehicles send stored battery power back to the electrical grid as well as draw power from it, turning each car into a small, reversible power source. For investors, V2G can create new revenue streams for vehicle owners and utilities, reduce peak power costs, and increase demand for compatible chargers and software—similar to how homeowners earn money by renting out spare space, it monetizes otherwise idle batteries.
virtual power plant (vpp)technical
A virtual power plant is software that links many small energy sources and flexible consumers—such as rooftop solar, batteries, electric vehicle chargers and smart thermostats—and coordinates them to behave like a single power plant. For investors, VPPs matter because they create new revenue streams and cost savings by selling power and grid services, reduce reliance on large centralized plants, and can change the competitive landscape for utilities and energy technology companies, similar to pooling many small savings into one sizable investment fund.
resource aggregatortechnical
A resource aggregator is a service or platform that collects and organizes multiple sources of the same type of value—such as data, supplies, services, or customers—into a single, easy-to-access place, like a digital library or a one-stop market. For investors it matters because aggregators can scale quickly, lower costs and create steady revenue by connecting many providers with many buyers, but they also face competition, dependence on partners and potential regulatory or data-quality risks.
lifetime value (ltv)financial
Lifetime value (LTV) estimates the total revenue a single customer is expected to give a business over the entire time they stay a customer, like adding up all the rent payments from a tenant over many years. Investors care because it helps judge how valuable each customer is, how much can be spent to win new customers, and whether the company's growth and profit forecasts are realistic and sustainable.
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TOKYO & SAN DIEGO--(BUSINESS WIRE)--
NUVVE JAPAN K.K. ("NVJ"), a leading provider of energy management and Vehicle-to-Grid (V2G) solutions and a subsidiary of U.S.-based Nuvve Holding Corp., today announced it has appointed Shigeki Mori as Executive Officer of Finance (CFO), effective May 2026.
Mori is a specialist in startup finance with a proven track record of leading high-growth technology companies to the public market. He most recently served as Director and CFO of THECOO Inc., where he successfully spearheaded the company’s IPO on the Tokyo Stock Exchange Mothers (now Growth) Market.
“NUVVE JAPAN is at the forefront of the energy storage revolution,” said Mori. “We are focused on transforming the company’s cutting-edge control technology into a robust portfolio of yield-generating assets. My mission is to build a financial foundation that accelerates our capital investments, achieves an early IPO, and delivers sustainable value to our stakeholders as we build the energy infrastructure of the future.”
NVJ is a Resource Aggregator and integrates grid-scale storage batteries and V2G chargers into a Virtual Power Plant (VPP) platform. NVJ now enters a new phase of growth amid the urgent global need for grid stability and renewable energy optimization. The company plans to evolve into an "Asset-Holding Model," owning and operating its own storage batteries and V2G infrastructure to maximize long-term revenue.
NVJ will focus on the following strategic pillars:
Establish large-scale investment schemes for grid-scale batteries and V2G infrastructure.
Maximize Lifetime Value (LTV) through the ownership of battery assets and implement agile capital management responsive to energy market fluctuations.
Strengthen corporate governance and engage in strategic investor relations to drive enterprise value in preparation for an early listing.
Mori graduated from Keio University's Faculty of Commerce and later earned his MBA from the University of Southern California (USC). He held senior management and finance positions at several multinational corporations before joining the startup ecosystem to lead financial department restructuring and fundraising efforts. He was appointed Director and CFO of THECOO Inc. in 2018 and led the company to a successful IPO in December 2021.
About NUVVE JAPAN K.K.
NUVVE JAPAN provides energy solutions optimized for the Japanese market, powered by the world’s most advanced V2G platform from U.S.-based Nuvve Holding Corp. NVJ supports municipalities and corporations in their decarbonization efforts, acting as a key resource aggregator to stabilize the power grid and promote a carbon-neutral society.
About Nuvve Holding Corp.
Nuvve powers the future of flexible energy by turning batteries, electric vehicles (EV), buildings, and distributed assets into dynamic grid resources. At the core is Nuvve’s advanced platform for intelligent energy management and vehicle-to-grid (V2G), orchestrating real-time bidirectional charging, load optimization, and grid services. By harnessing an ecosystem of electrification partners, fleets, stationary storage, and smart EV chargers, Nuvve helps utilities and communities unlock flexibility at scale — enhancing reliability, accelerating electrification, and lowering costs. Nuvve enables a clean energy future where mobility, buildings, and infrastructure work together to support a more resilient, sustainable, and equitable grid. Headquartered in San Diego, California, Nuvve operates globally and online at nuvve.com.
Forward-Looking Statements
This press release contains forward-looking statements or forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terms such as “may,” “will,” “expects,” “believes,” “aims,” “anticipates,” “plans,” “looking forward to,” “estimates,” “projects,” “assumes,” “guides,” “targets,” “forecasts,” “continue,” “seeks” or the negatives of such terms or other variations on such terms or comparable terminology, although not all forward-looking statements contain such identifying words. Forward-looking statements include, but are not limited to, statements regarding the expected timing of recently announced projects, anticipated growth of various business areas, and other statements that are not historical facts. Nuvve cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Nuvve. Such statements are based upon the current beliefs and expectations of management and are subject to significant risks and uncertainties that could cause actual outcomes and results to differ materially. Some of these risks and uncertainties can be found in Nuvve’s most recent Annual Report on Form 10-K and subsequent periodic reports filed with the Securities and Exchange Commission (SEC). These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the Nuvve’s filings with the SEC. Such forward-looking statements speak only as of the date made, and Nuvve disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers of this press release are cautioned not to place undue reliance on these forward-looking statements, since there can be no assurance that these forward-looking statements will prove to be accurate. This cautionary statement is applicable to all forward-looking statements contained in this press release.
