Nuvve Holding Corp Stock Price, News & Analysis

Nuvve Holding Corp. (Nasdaq: NVVE) has partnered with Spirii to deploy vehicle-grid integration (VGI) technology across Denmark and Northern Europe. This collaboration aims to enhance electric vehicle (EV) charging solutions, integrating both companies’ platforms for unidirectional (V1G) and bidirectional (V2G) services. Nuvve's existing operations in Denmark have established a foundation in V2G applications, facilitating frequency regulation for the Danish grid. The partnership seeks to meet growing demand for VGI solutions, further supporting renewable energy integration and reducing operational costs for EV fleets.

Nuvve Holding Corp (NASDAQ: NVVE), a leader in electrification of transportation, announced that CEO Gregory Poilasne, COO Ted Smith, and CFO David Robson will present at Needham's 16th Annual Technology & Media Conference on May 20, 2021, at 3:00 PM ET. The event will be virtual. A webcast of the presentation can be accessed on the company's investors' page. The management team will also hold one-on-one meetings with investors on the same day. Nuvve aims to lower electric vehicle costs and support renewable energy through its vehicle-to-grid technology.

Nuvve Holding Corp. (Nasdaq: NVVE) reported preliminary financial results for Q1 2021, revealing total revenue of $0.8 million, down 15% from $0.9 million in Q1 2020. The net loss increased to $5.4 million, largely due to a rise in expenses. The company completed a business combination with Newborn Acquisition Corp., raising $62 million. Additionally, Nuvve formed a joint venture with Stonepeak Infrastructure Partners to finance a V2G solution for fleets, and launched its V2G hub and TaaS offering aimed at reducing electrification costs for fleets.

Nuvve Holding Corp. (Nasdaq: NVVE) and Stonepeak Partners LP announced a joint venture named Levo Mobility LLC, aimed at deploying electric fleets, particularly zero-emission school buses. Levo plans to utilize Nuvve's vehicle-to-grid (V2G) technology and Stonepeak's anticipated $750 million investment to facilitate this initiative. The venture intends to address the high costs and complexities of transitioning to electric vehicles, aligning with the Biden Administration's goals to electrify U.S. school buses. Both companies aim to improve transportation safety and contribute to CO₂ emission reductions.

Nuvve Holding Corp (Nasdaq: NVVE) announced a conference call on May 17, 2021, at 9:00 AM ET to discuss its Q1 2021 financial results. The results will be published before the market opens that day. Nuvve focuses on electrifying transportation through its vehicle-to-grid (V2G) technology, aiming to reduce electric vehicle ownership costs while promoting renewable energy integration. The company has executed V2G projects globally since its inception in 2010.

Nuvve Holding Corp (Nasdaq: NVVE) announced it will hold a conference call on May 17, 2021, at 4:30 PM ET to discuss its first quarter 2021 financial results. The results will be published after the market closes on the same day. Nuvve is a leader in vehicle-to-grid (V2G) technology, aiming to enhance electric vehicle adoption and renewable energy integration. The company's innovative platform, GIVe™, is deployed globally, supporting a sustainable future in transportation.

Nuvve Holding Corp. (NASDAQ: NVVE) announced plans for vehicle-to-grid (V2G) electric vehicle (EV) charging hubs aimed at accelerating the electrification of transportation. These hubs will support commercial EV fleets by reducing upfront costs and improving grid resiliency through centralized renewable energy services. Focusing initially on applications like electric school buses, the V2G hub model enables fleet owners to adopt EVs while selling stored energy back to the grid. Nuvve's initiative aligns with President Biden's infrastructure goals, ultimately contributing to national net-zero energy targets.

Nuvve Holding Corp (NASDAQ: NVVE) will present at the Lytham Partners Spring 2021 Investor Conference on March 30, 2021, at 11:45 AM ET. The presentation will focus on the company's vehicle-to-grid (V2G) technology, aimed at enhancing electric vehicle integration with renewable energy. A webcast of the event will be available on Nuvve's website and archived for replay. Additionally, Nuvve management will conduct virtual one-on-one meetings with investors from March 30 to April 1, 2021. For meeting arrangements, contact Lytham Partners.

Blue Bird Corporation has introduced North America's first operational DC fast charge V2G-capable school bus, powered by Cummins’ PowerDrive EV system, in Pekin, Illinois. The bus, delivered to two local school districts, supports renewable energy storage and can generate revenue by selling excess energy back to the grid. The initiative promotes clean transportation and reduced emissions, with the districts' fleets now fully electric. The project is part of the Bus-2-Grid Initiative, which aids districts in capitalizing on V2G revenue opportunities.