Nuuve

Nuvve Holding Corp. engages in the provision of a commercial vehicle-to-grid (V2G) technology platform. Its V2G technology, Grid Integrated Vehicle (GIVeTM) platform, enables its users to link multiple electric vehicle (EV) batteries into a virtual power plant to provide bi-directional services to the electrical grid. The firm also enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services. The company was founded in 2010 and is headquartered in San Diego, CA.

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Nuvve reports revenue growth and strategic project expansions in Q1

Nuvve's Q1 2024 performance showed revenue growth and improved margins.
The company's focus on V2G technology and EV adoption presents growth opportunities.
Challenges include managing inventory levels and meeting revenue targets.
Overall, Nuvve's financial position strengthened with increased cash and project expansions.

Nuvve reports Q2 revenue decline, eyes growth in energy services

Nuvve faced revenue challenges in Q2 2024 due to delays in EPA funding and order issues, impacting total revenues and revenue recognition timelines.
Despite revenue setbacks, the company showed improved margins, tight cash management, and growth potential in energy management services.
Strategic partnerships, project progress, and resilience in the school bus business signal opportunities for future growth and market expansion.
While facing challenges, Nuvve's focus on financial management and growth initiatives positions it for long-term success and market resilience.

Nuvve reports robust Q3 results, eyes growth through strategic partnerships

Nuvve's Q3 2024 earnings call highlighted strong financial performance, strategic partnerships, and growth prospects. The company's emphasis on expense reduction, margin improvement, and revenue diversification bodes well for future success. Challenges lie in maintaining growth momentum and navigating market dynamics.

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Nuvve Holding Corp. (NVVE) Q4 2023 Earnings Call Transcript

Investor Conference Call to be Held Today at 5:00 PM Eastern Time (2:00 PM PT)  SAN DIEGO , March 28, 2024 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform designed to enable electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provides other grid services, today provided a fourth quarter and full-year 2023 update.   Fourth  Quarter Highlights and Recent Developments Increased megawatts under management by 18.4% to 25.1 megawatts as of December 31, 2023, from 21.2 megawatts on September 30, 2023; growth accelerated further in October with record deployments Reduced cash operating loss in the fourth quarter 2023 to $6.5 million versus $7.7 million in the fourth quarter 2022 Cash and cash equivalents of $1.5 million as of December 31, 2023, and in January 2024 raised an additional $9.6 million in gross proceeds through an underwritten public offering Announced RFP award with partner e-Formula to build Taiwan's first electric vehicle V2G hub Launched a dedicated website containing additional information, customer resources and the latest updates on its ongoing projects at www.nuvvev2ghubs.com, as Nuvve's proprietary V2G hub offering continues to gain momentum Management Discussion Gregory Poilasne, Chief Executive Officer of Nuvve, said, "In 2023 we made important progress accelerating the next phase of scaling our business and positioning Nuvve for growth.

Nuvve Provides Fourth Quarter and Full Year 2023 Financial Update

Additional Information, Customer Resources and Project Updates Available at www.NuvveV2GHubs.com Company to Discuss Momentum in V2G Hub Offering on Upcoming Fourth Quarter and Full Year 2023 Earnings Call SAN DIEGO, March 26, 2024 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE) (the "Company"), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, today launched a dedicated website, www.NuvveV2GHubs.com, as a centralized landing page for information, resources and updates on its V2G Hub projects. Nuvve also released an infographic outlining the ways Nuvve is turning EVs into flexible storage through this proprietary, first-of-its-kind offering.

Nuvve Launches Website and Releases Infographic for V2G Hub Offering

SAN DIEGO , March 21, 2024 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, today announced that it will conduct a conference call to review the annual financial results at 5 PM ET (2 PM PT) on Thursday, March 28, 2024.  The Company will issue a press release detailing its results after market close that same day.

Nuvve to Report Annual Financial Results on Thursday, March 28, 2024

SAN DIEGO , Feb. 20, 2024 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, today announced select preliminary 2023 financial results and reaffirmed the Company's 2024 revenue outlook. Nuvve anticipates revenue for the full year ended December 31, 2023 will exceed $8 million, as planned, in line with its previously provided guidance.

Nuvve Announces Select Preliminary 2023 Financial Results; Reaffirms 2024 Revenue Outlook

SAN DIEGO , Feb. 8, 2024 /PRNewswire/ -- Nuvve Holding Corp. ("Nuvve" or the "Company") (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provides other grid services, today announced that it is back in compliance with the Nasdaq Stock Market, LLC ("Nasdaq") minimum bid price rule.  On February 5, 2024, the Company received a letter from Nasdaq notifying the Company that it had regained compliance with Nasdaq Listing Rule 5550(a)(2), because for the last 10 consecutive business days, from January 22, 2023, through February 2, 2024, the closing bid price of the Company's Common Stock had been at $1.00 per share or greater.

NUVVE ANNOUNCES COMPLIANCE WITH THE NASDAQ MINIMUM BID PRICE RULE

SAN DIEGO , Jan. 31, 2024 /PRNewswire/ -- Nuvve Holding Corp. ("Nuvve" or the "Company") (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provides other grid services, today announced the pricing of an underwritten public offering for gross proceeds of approximately $9.6 million prior to deducting underwriting discounts and commissions and offering expenses.   The offering is comprised of (i) 4,800,000 shares of common stock (or pre-funded warrants in lieu thereof), (ii) 4,800,000  Series A Warrants with an initial exercise price of $2.00 per share and a term of five years following the issuance date, (iii) 4,800,000 Series B Warrants with an exercise price of $2.00 per share and a term of nine months following the issuance date and (iv) 4,800,000 Series C Warrants with an exercise price of $2.00 per share and a term of five years following the issuance date, subject to early expiration as described below.

Nuvve Holding Corp. Announces Pricing of $9.6 Million Underwritten Public Offering

Blue Bird

California's Orange Unified School District marked Nuvve's latest milestone as the district continues to replace its fleet of diesel school buses with zero-emission Blue Bird ESBs SAN DIEGO , Jan. 31, 2024 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, celebrated the 500th electric school bus EVSE to be deployed which will be managed through its proprietary GIVe™ bidirectional, smart-charging software platform. This new order from Orange Unified School District in Orange, California is for thirteen Nuvve Level 2 "PowerPort" chargers and three 60kW chargers.

Nuvve Celebrates 500th Electric School Bus EVSE Deployed in the K-12 Business Channel

SAN DIEGO and HSINCHU, Taiwan , Jan. 30, 2024 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, in collaboration with e-Formula, a prominent Taiwanese energy solutions provider, is pleased to announce the potential to launch the first V2G hub project in Taiwan. e-Formula, known for its expertise in microgrid management and battery technologies, would serve as the project lead for this 95 EV V2G Hub project, and Nuvve is expected to be the technical project manager and service provider.

Taipower Awards e-Formula and Nuvve with Taiwan's First Electric Vehicle V2G Hub Project for 95 EVs

SAN DIEGO, CA / ACCESSWIRE / January 30, 2024 / From cars to buses, the electrification of vehicles is taking off. But powering all that green energy is expected to tax the power grid, an aging system long in need of an overhaul.

Fresno EOC Taps Nuvve (NASDAQ: NVVE) To Transition To An EV Fleet Without Taxing The Powergrid In $16 Million Deal

Fresno EOC to implement Nuvve's turnkey fleet electrification program including vehicle-to-grid capability, in ambitious step toward a cleaner community via green transportation SAN DIEGO and FRESNO, Calif. , Jan. 23, 2024 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, today was selected and approved by the Board of the Fresno Economic Opportunities Commission (Fresno EOC) to implement its turnkey fleet electrification program for Fresno EOC's 50-shuttle fleet.

Nuvve Wins $16M Project for Fresno Economic Opportunities Commission's 50-Shuttle Fleet

Nuvve (NASDAQ: NVVE ) stock is falling on Thursday after the green energy technology company announced a one-for-40 reverse stock split. Nuvve notes that the reverse stock split will have it consolidating 40 shares of NVVE into a single share.

Why Is Nuvve (NVVE) Stock Down 31% Today?

SAN DIEGO , Jan. 18, 2024 /PRNewswire/ -- Nuvve Holding Corp. ("Nuvve" or the "Company") (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provides other grid services, today announced that it will effect a 1-for-40 reverse stock split of its common stock, to be effective as of 5:00 p.m. Eastern Time on Friday, January 19, 2024.

NUVVE ANNOUNCES 1-FOR-40 REVERSE STOCK SPLIT

SAN DIEGO , Dec. 13, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, today released a letter to stockholders providing details on its recent performance highlights, product and services offerings, growth strategy and financial outlook. Nuvve's management team will be hosting a stockholder Q&A webcast on December 14, 2023 at 11 AM ET.

Nuvve Releases Letter to Stockholders

V2G leader in partnership with Toyota Tsusho and Chubu Electric Power Miraiz now integrating stationary battery systems produced and deployed by Nissin Electric Company. SAN DIEGO , Dec. 12, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global cleantech company electrifying the planet through its intelligent energy platform, along with Toyota Tsusho Corporation and Japan's Chubu Electric Power Miraiz Company (Chubu) are expanding their existing commercial agreement with the addition of a new stationary, vehicle-to-grid ("V2G") capable lithium-ion batteries located in Japan to provide additional capacity, ancillary power and stabilizing services to the grid.

Nuvve Continues Scaling Effort Into Japanese Stationary Battery Segment

SAN DIEGO , Dec. 7, 2023 /PRNewswire/ -- Nuvve Holding Corp. ("Nuvve" or the "Company") (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, announced today that it achieved another record month in November for the addition of chargers connected to its V2G GIVe™ software platform, with the addition of 43 AC and DC bidirectional charging station connections which represents 1.42 MW of additional capacity.  Through the first two months of the fourth quarter 2023 Nuvve added 81 chargers to its proprietary vehicle-to-grid (V2G) platform, which compares to 18 chargers deployed for the first two months of the fourth quarter 2022, an increase of 350%.

Nuvve Achieves Record Month and Record Quarter for Charging Station Deployments

SAN DIEGO , Dec. 5, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, today announced that members of its management team will host a webcast to answer stockholder questions on December 14, 2023 at 11:00 AM ET. Nuvve shareholders are encouraged to email questions in advance of the webcast to nuvveIR@nuvve.com by 5:00 PM ET on December 13, 2023.

Nuvve to Host Stockholder Q&A Webcast with Management Team

Nuvve Holding Corp. (NASDAQ:NVVE ) Q3 2023 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Eduardo Royes - Investor Relations Gregory Poilasne - Chief Executive Officer David Robson - Chief Financial Officer Operator Good afternoon and welcome to Nuvve Holding Corp.'s Third Quarter 2023 Earnings Call. [Operator Instructions] As a reminder, this conference today is being recorded.

Nuvve Holding Corp. (NVVE) Q3 2023 Earnings Call Transcript

Investor Conference Call to be Held Today at 5:00 PM Eastern Time (2:00 PM PT) SAN DIEGO , Nov. 9, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provides other grid services, today provided a third quarter 2023 update.    Third Quarter Highlights and Recent Developments Fully integrated Nuvve's purpose-built Astrea AI technology into the FleetBox® charge management app, which customers use to manage routes, battery state of charge, charging status, charging equipment and reports Received a proposed award of $1.9 million by the California Energy Commission to fund project "RESCHOOL", which is intended to showcase the impact of electric school buses and bi-directional charging infrastructure on enhancing the resilience of the power grid In partnership with Blue Bird, Nuvve K-12 deployed what is understood to be the first all-electric school bus fleet in the U.S., replacing the five diesel bus fleet in Martinsville, Texas Reduced cash operating loss in third quarter 2023 to $7.3 million compared to $7.4 million in third quarter 2022 Increased megawatts under management by 6.1% to 21.2 megawatts as of September 30, 2023 from 20.0 megawatts on June 30, 2023; growth accelerated further in October with record deployments Cash and cash equivalents of $13.9 million as of September 30, 2023, including $9.8 million in EPA grant funds due to customers Management Discussion Gregory Poilasne, Chief Executive Officer of Nuvve, said, "Through the third quarter of 2023, Nuvve is on pace to increase its revenues by more than 50% this year as orders, sales and deployments of charging stations connected to our GIVe™ V2G software platform, as well as grid service revenues, have all shown a substantial improvement over 2022 levels.

Nuvve Provides Third Quarter 2023 Financial Update

Investor conference call to be held at 5 PM Eastern Time SAN DIEGO , Nov. 3, 2023 /PRNewswire/ -- Nuvve Holding Corp. ("Nuvve" or  the "Company") (Nasdaq: NVVE) , a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform , announced today that it will conduct a conference call to review the financial results for the third quarter 2023 at 5 PM ET (2 PM PT) on Thursday, November 9, 2023. The Company will issue a press release detailing its results after market close that same day.

Nuvve to Report Third Quarter 2023 Financial Results on Thursday, November 9, 2023

SAN DIEGO , Nov. 2, 2023 /PRNewswire/ -- Nuvve Holding Corp. ("Nuvve" or the "Company") (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, announced today that in October it achieved a record number of 38 AC and DC bidirectional charging station connections — all linked to its V2G GIVe™ software platform to provide charging services to an additional 38 electric school buses (or 1.42 MW of capacity). The implementation of these new charging stations increases Nuvve's megawatts under management by 1.4 and brings the total to 22.7 as of October 31, 2023, which is 30% above Nuvve's 17.4 megawatts under management at year-end 2022.

Nuvve Achieves Record Month for Charging Station Deployments

NEW YORK, NY / ACCESSWIRE / October 30, 2023 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $2 Million Registered Direct Offering Priced At-the-Market for Nuvve Holding Corp. (NASDAQ:NVVE). About Nuvve Holding Corp. Nuvve is a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform.

Aegis Capital Corp. acted as Exclusive Placement Agent on a $2 Million Registered Direct Offering Priced At-the-Market for Nuvve Holding Corp. (NASDAQ: NVVE)

Nuvve (NASDAQ: NVVE ) stock is falling on Monday even after the green energy technology company announced recent insider buying. Gregory Poilasne, cofounder of Nuvve, purchased $100,000 worth of NVVE stock at a price of 14 cents per share.

Why Is Nuvve (NVVE) Stock Down 11% Today?

SAN DIEGO , Oct. 27, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE) ("Nuvve"), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, today announced the closing of its previously announced definitive agreement with a single institutional investor for the purchase and sale of 13,772,940 shares of common stock and pre-funded warrants to acquire common stock in a registered direct offering. The purchase price of each share was $0.15.

Nuvve Holding Corp. Announces Closing of $2.066 Million Registered Direct Offering Priced At-the-Market

SAN DIEGO , Oct. 26, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE) ("Nuvve"), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, today announced that it has entered into a definitive agreement with a single institutional investor for the purchase and sale of 13,772,940 shares of common stock and pre-funded warrants to acquire common stock in a registered direct offering. The purchase price of each share is $0.15 priced yesterday at-the-market under Nasdaq rules.

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