Nuvve Holding Corp Stock Price, News & Analysis

Nuvve Holding Corp. (NASDAQ: NVVE), a vehicle-to-grid (V2G) technology company, has appointed James Altucher to its Board of Directors. Altucher, known for his expertise in cryptocurrencies, entrepreneurship, and venture capital, will support Nuvve's expansion into digital assets and blockchain strategy through its subsidiary, Nuvve-DigitalAssets.

Previously serving as a strategic advisor to Nuvve-DigitalAssets, Altucher will help shape the company's crypto treasury strategy and investment approach in areas including decentralized finance (DeFi), tokenization, and Web3 infrastructure. The appointment aligns with Nuvve's dual strategy of growing its core V2G energy platform while developing a next-generation digital treasury.

Nuvve Holding Corp. (NASDAQ: NVVE), a vehicle-to-grid technology company, has announced the engagement of digital asset advisory consultants to accelerate its newly formed subsidiary, Nuvve-DigitalAssets. The company is forming a Digital Asset Management Portfolio Committee led by James Altucher, Tim Collins, and CEO Gregory Poilasne.

The subsidiary will focus on investing in cryptocurrency and blockchain opportunities, targeting tokens in sectors like decentralized finance (DeFi), decentralized physical infrastructure (DePin), programming, and tokenization of real-world assets. The company plans to maintain transparency through regular updates on digital asset holdings via the Nuvve-DigitalAssets platform.

Nuvve Holding Corp. (NASDAQ: NVVE), a leader in grid modernization and vehicle-to-grid (V2G) technology, has scheduled its first quarter 2025 financial results conference call for Thursday, May 15, 2025, at 5:00 PM Eastern Time. The company will discuss its Q1 2025 financial performance and other company developments during the call. Investors can participate by accessing the live webcast through Nuvve's investor relations website. A replay of the call will be available for those unable to attend the live session.

Nuvve (NASDAQ: NVVE), a leader in vehicle-to-grid technology, has appointed cryptocurrency expert James Altucher to advise its newly launched subsidiary, Nuvve-DigitalAssets. This strategic move marks the company's entry into the digital asset and blockchain space.

As advisor, Altucher will guide Nuvve's digital treasury strategy and M&A opportunities in the crypto sector. The company plans to focus on:

• Core investments in Bitcoin and Ethereum
• Diversification into DeFi and DePin sectors
• Strategic token investments including Aave, Chainlink, Render, and Uniswap

CEO Gregory Poilasne emphasized this appointment's importance in strengthening Nuvve's expansion into cryptocurrency markets. The creation of Nuvve-DigitalAssets, unanimously approved by the board, represents a significant shift in the company's growth strategy while maintaining its core focus on grid modernization.

Nuvve Holding (Nasdaq: NVVE) has acquired the net assets of Fermata Energy through its new subsidiary Fermata Energy II LLC (Fermata 2.0) for approximately $659,000. The deal includes $340,000 in cash and assumed liabilities, with 4,900,000 shares of convertible preferred stock issued to former Fermata debt holders.

This strategic acquisition combines two leading vehicle-to-grid (V2G) innovators, strengthening Nuvve's position in the market. The merger is expected to generate $2 million in annual cost savings through operational efficiencies. Gregory Poilasne will serve as CEO and Hamza Lemsaddek as COO of Fermata 2.0.

Key benefits include:

• Enhanced IP portfolio and U.S.-built certified hardware offerings
• Integration of Fermata's optimization capabilities with Nuvve's Astrea AI™ platform
• Expanded market reach in both regulated and deregulated markets
• New revenue opportunities through white-label licensing and fleet electrification partnerships

Nuvve Holding Corp. (NASDAQ: NVVE) has announced the launch of a new wholly owned subsidiary, Nuvve-DigitalAssets, focused on building a cryptocurrency digital treasury and blockchain opportunities. The subsidiary will develop a diversified cryptocurrency portfolio with at least 50% allocation to Bitcoin, while the remaining portion will be invested in other digital assets including Ethereum, Solana, Aave, Chainlink, and Avalanche.

The company has already initiated participation in Bitcoin through ETF based on cash surplus and is actively seeking additional opportunities in cryptocurrencies, blockchain platforms, and fintech mergers and acquisitions. The initiative, unanimously approved by Nuvve's Board of Directors and management team, represents a strategic move to participate in the digital asset economy while maintaining its core focus on grid modernization and vehicle-to-grid (V2G) technologies.

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.