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.
Nuvve Holding Corp (Nasdaq: NVVE) CEO Gregory Poilasne testified in support of California's SB 233, which mandates bidirectional charging capability in new EVs sold by 2027. This legislation aims to facilitate vehicle-to-grid (V2G) integration, enhancing grid resiliency by allowing EV batteries to serve as mobile energy storage. By leveraging V2G technology, EV owners could earn revenue during peak grid stress periods, potentially lowering overall ownership costs. The bill, authored by Sen. Nancy Skinner, aligns with California's goal to make all new cars electric by 2035. Nuvve is recognized as a leader in V2G technology, providing cloud-based software that transforms electric fleets into utility-scale energy resources. The bill received committee approval with amendments.
Nuvve Holding Corp. (Nasdaq: NVVE) reported its fourth quarter and full-year 2022 results, highlighting a 7% increase in megawatts under management to 17.4 megawatts and a backlog of $4.1 million. The company expanded its participation in California's Emergency Load Reduction Program, assisting school districts in securing $24.2 million in EPA funding for 61 V2G-capable electric school buses. Q4 revenue decreased 8.2% to $1.15 million, attributed to a decline in products and services revenue. Despite this, Nuvve reduced operating costs to $7.7 million and anticipates record DC fast charger orders for Q1 2023.
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