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.
Fairfax School District in Vermont has introduced two electric-powered school buses from Blue Bird to its fleet this school year. Funded by the Volkswagen Environmental Mitigation Trust, this pilot program aims to evaluate electric bus performance in Vermont's climate. The Blue Bird buses are equipped with the Cummins PowerDrive EV system and utilize charging solutions from Nuvve Holdings. The initiative could save up to $36,000 in fuel costs annually per bus while significantly reducing greenhouse gas emissions.
Nuvve Holding Corp (Nasdaq: NVVE) announced the appointment of Rashida La Lande to its Board of Directors, effective January 14, 2022. La Lande, currently with Kraft Heinz, brings extensive experience in ESG initiatives and government relations, which Nuvve believes will bolster its strategic direction. Her background includes corporate law, mergers and acquisitions, and a strong focus on sustainability. Nuvve aims to leverage her expertise to enhance its intelligent energy platform, promoting the electrification of transportation and supporting clean energy transitions.
Nuvve Holding Corp. and Colorado/West Equipment announced the deployment of Colorado's first vehicle-to-grid (V2G) electric school bus in Durango School District 9-R. Supported by a Volkswagen Diesel Emissions Settlement grant of $68.7 million, the project integrates Nuvve's V2G technology with Blue Bird's electric buses, allowing bidirectional charging. The bus, operating on a 75-mile daily route, will provide energy to the grid at peak hours and charge overnight. This initiative aims to lower costs and support the transition to cleaner energy for schools and local communities.
Ecolution Power Company has signed a letter of intent with Levo Mobility to collaborate on creating a net-zero carbon emissions smart city, starting with a deployment in Greenville, SC. Their patented Module Active Response System (MARS) will harness kinetic energy from moving vehicles to generate clean electricity for a micro-grid. Ecolution aims to transition around 6,000 buses in the Minneapolis-St. Paul area to electric, seeking up to $30 million in funding for electric bus purchases. This partnership targets achieving sustainable energy solutions in urban transportation.
Nuvve Holding Corp. (Nasdaq: NVVE) announced a groundbreaking agreement with New Hampshire Electric Cooperative (NHEC) to implement innovative vehicle-to-grid (V2G) technology. This partnership aims to provide storage capabilities for the Plymouth-based utility, allowing electric vehicle (EV) batteries to act as distributed energy resources. The collaboration is expected to enhance grid resilience, lower utility costs, and support local decarbonization efforts. Nuvve's V2G technology aligns with recent legislative focus on clean energy initiatives, positioning it as a key player in the electric transition.
Nuvve Holding Corp (Nasdaq: NVVE) has been selected as one of Fast Company's inaugural Next Big Things in Tech honorees for its innovative vehicle-to-grid (V2G) technology. This recognition highlights Nuvve's role in enhancing electric vehicle (EV) adoption and supporting the transition to clean energy through its intelligent energy platform. The V2G platform integrates EV batteries with the power grid, optimizing renewable energy use and providing economic benefits for EV owners. Nuvve's joint venture with Stonepeak Partners also offers a fleet-as-a-service model to lower financial barriers for electric fleet adoption.
Nuvve Holding Corp. (Nasdaq: NVVE) reported a third quarter 2021 revenue of $1.2 million, a 13.3% decline from $1.3 million in Q3 2020, largely due to decreased grants revenue. The company experienced a significant rise in selling, general and administrative expenses, up 383% to $6.6 million. Net loss increased by 790.8% to $7.0 million amidst growing operational costs. Nuvve announced a new sustainable infrastructure joint venture, Levo Mobility, and secured a contract with Sourcewell to provide its energy platform to various sectors. The company has $40.7 million in cash as of September 30, 2021.
Nuvve Holding Corp. (Nasdaq: NVVE) announced plans to install 200 V2G DC fast charging stations at Blue Bird Corporation's (Nasdaq: BLBD) facility in Fort Valley, Georgia. This innovative hub will optimize electric bus utilization and enable them to function as energy storage assets. By utilizing Nuvve's V2G technology, buses will charge and discharge energy, enhancing battery health and reducing utility costs. The hub aims to aggregate power from multiple buses, creating a virtual power plant with a capacity of 25 MW, potentially supplying power to over 10,000 homes during peak demand.
Nuvve Holding Corp (Nasdaq: NVVE) will announce its third-quarter 2021 financial results on November 11, 2021, before market open. A conference call to discuss these results is scheduled for 11 AM ET. Nuvve, a leader in electrification through its vehicle-to-grid (V2G) technology, aims to lower electric vehicle ownership costs while promoting renewable energy integration. Founded in 2010 and based in San Diego, Nuvve has established successful V2G projects worldwide, partnering with utilities and automakers.
Wallbox N.V. (NYSE: WBX) and Nuvve Holding Corp. (Nasdaq: NVVE) have launched a pioneering vehicle-to-grid (V2G) partnership in Iberia, aimed at alleviating grid pressure and providing financial incentives for users. This collaboration combines Wallbox’s award-winning Quasar bidirectional charger with Nuvve’s GIVe™ energy management platform. Available in early 2022 in Spain and Portugal, this technology can allow users to save over 500 Euros annually while also reducing their carbon footprint by approximately 250kg of CO2 per vehicle per year.
