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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nuvve Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nuvve Holding's position in the market.
Rhea-AI Summary
Nuvve Holding Corp. (NASDAQ:NVVE) has won a contract from Fresno EOC to implement a fleet electrification program using its vehicle-to-grid (V2G) technology, valued at $16 million. The technology aims to electrify fleets of cars and buses without overloading the power grid, reducing costs and bringing stability to the grid. This technology win has sent Nuvve's shares higher, validating the company's technology and its potential for widespread adoption in the public and private sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.37%
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Rhea-AI Summary
Nuvve Holding Corp. was selected by Fresno Economic Opportunities Commission (Fresno EOC) to implement its turnkey fleet electrification program for Fresno EOC's 50-shuttle fleet. Nuvve secured grant funding through the Carl Moyer Memorial Air Quality Standards Attainment Program and Pacific Gas & Electric. The project aims to reduce the city's carbon footprint and contribute significantly to environmental goals by transitioning the fleet to electric vehicles. Nuvve's strategy focuses on empowering the local workforce and fostering economic growth in Fresno. Project partner Molle Energy will contribute infrastructure support and Nuvve will provide its proprietary Nuvve GIVe™ software platform and V2G technology to ensure a seamless transition to an electrified fleet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
85.23%
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Rhea-AI Summary
Nuvve Holding Corp. (NVVE) announced a 1-for-40 reverse stock split of its common stock, effective on January 19, 2024. The reverse stock split aims to regain compliance with the minimum bid price requirement of $1.00 per share for continued listing on the Nasdaq Capital Market. Following the split, the total issued and outstanding shares will reduce from approximately 49.9 million shares to approximately 1.3 million shares, with no change in the par value of $0.0001 per share. The reverse stock split will not affect the total authorized number of shares. Nuvve's common stock will continue to trade on the Nasdaq Capital Market under the symbol 'NVVE' with the new CUSIP number, 67079Y209.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3575.25%
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Rhea-AI Summary
Nuvve Holding Corp. (NVVE) releases a letter to stockholders detailing recent performance highlights, product and services offerings, growth strategy, and financial outlook. The management team will host a stockholder Q&A webcast on December 14, 2023, at 11 AM ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.49%
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Rhea-AI Summary
Nuvve Holding Corp. (NVVE) partners with Toyota Tsusho and Chubu Electric Power Miraiz to integrate stationary battery systems produced and deployed by Nissin Electric Company in Japan. The expansion of the commercial agreement aims to provide additional capacity, ancillary power, and stabilizing services to the grid, aligning with Japan's green transformation initiatives and 2050 carbon neutral goal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.94%
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Rhea-AI Summary
Nuvve Holding Corp. (NVVE) achieved record growth in November with the addition of 43 AC and DC bidirectional charging station connections, representing 1.42 MW of additional capacity. Year-to-date, megawatts under management have increased by 39% to 24.2. The company's proprietary vehicle-to-grid (V2G) platform, GIVe™, has seen a 350% increase in chargers deployed for the first two months of the fourth quarter 2023 compared to the same period in 2022. Nuvve CEO Gregory Poilasne highlighted the value proposition of the AI-assisted GIVe™ software platform, which allows EV fleet owners to manage vehicle readiness, energy optimization, grid services, and battery health. The company expects a boost in market awareness and receptivity to drive continued growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.5%
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Rhea-AI Summary
Nuvve Holding Corp. (NVVE) to host a webcast to answer stockholder questions on December 14, 2023 at 11:00 AM ET. Shareholders encouraged to email questions in advance. Gregory Poilasne, Nuvve Co-Founder, Chairman and CEO, expresses commitment to engaging with investors and creating shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.33%
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Rhea-AI Summary
Nuvve Holding Corp. (NVVE) provides a third quarter 2023 update, including a proposed $1.9 million award from the California Energy Commission, deployment of the first all-electric school bus fleet in the U.S., and an increase in total revenue by 389.9% to $2.7 million. The company also reduced its cash operating loss to $7.3 million in Q3 2023 and increased megawatts under management by 6.1% to 21.2 megawatts as of September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.89%
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Rhea-AI Summary
Nuvve Holding Corp. will conduct a conference call on November 9, 2023, to review its financial results for the third quarter of 2023. The call will be held at 5 PM ET (2 PM PT) and a press release will be issued after market close on the same day. Participants can register and listen to the call via a live webcast on Nuvve's investor relations website. A replay of the call will also be available for future access.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.08%
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Rhea-AI Summary
Nuvve Holding Corp. achieved a record number of 38 AC and DC bidirectional charging station connections in October, increasing its megawatts under management by 1.4. The total megawatts under management reached 22.7, a 30% increase compared to year-end 2022. Nuvve's K-12 business unit performed these deployments, focusing on turnkey electrification services for student transportation. The company expects to surpass its prior quarterly record in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.94%
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Nuvve Holding Corp.
Nasdaq:NVVE
NVVE Rankings
NVVE Stock Data
4.31M
5.77M
3.87%
3.17%
1.64%
Power, Distribution, and Specialty Transformer Manufacturing
Manufacturing
United States of America
SAN DIEGO
About NVVE
produce and manage bi-directional energy flow nuvve give software technology is refueling the next generation of electric vehicle commercial fleets while supporting renewable energy integration. a better world where the energy used for transportation and the electric energy are directly connected through our grid integrated platform to support both high level of renewable energy and larger numbers of electric vehicles.