Nuvve Kavali

Nuvve Releases Letter to Stockholders

Retrieved on:

Wednesday, December 13, 2023

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.

Key Points:

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 stockholders are encouraged to email their questions to [email protected] by 5:00 PM ET today.
To participate in the call, please register for and listen via a live webcast, which is available in the "Events" section of Nuvve's investor relations website at https://investors.nuvve.com/ .

Nuvve Achieves Record Month and Record Quarter for Charging Station Deployments

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Thursday, December 7, 2023

Acceleration, Growth, EV, AC, Health, SAN, V2G, EVSE, Transport, Mobile phone, Nuvve Kavali

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%.

Key Points:

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%.
With one month remaining in the fourth quarter of 2023, Nuvve has already surpassed its prior quarterly record for chargers added to its V2G GIVe™ software platform.
Year to date through November 2023, megawatts under management have increased by 39% to 24.2.
"We are delighted with the continued acceleration of deployments of V2G software-equipped fast chargers to Nuvve's GIVe™ software platform," said Nuvve CEO Gregory Poilasne.

Nuvve to Host Stockholder Q&A Webcast with Management Team

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Tuesday, December 5, 2023

SAN, Transport, Nuvve Kavali

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.

Key Points:

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 [email protected] by 5:00 PM ET on December 13, 2023.
"We're committed to engaging with our investors and sharing updates on our intelligent energy platform, long-term strategy and the actions we are taking to create shareholder value," said Gregory Poilasne, Nuvve Co-Founder, Chairman and CEO.
To participate in the call, please register for and listen via a live webcast, which is available in the "Events" section of Nuvve's investor relations website at https://investors.nuvve.com/ .

Nuvve Provides Third Quarter 2023 Financial Update

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Thursday, November 9, 2023

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.

Key Points:

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.
Products and services margin decreased to 9.0% for the three months ended September 30, 2023, compared to 43.3% in the same prior year period.
In each of the three months ended September 30, 2023 and 2022, we recorded no material income tax expenses.
The Company will hold a conference call to review its financial results for the third quarter of 2023, along with other Company developments, at 5:00 PM Eastern Time (2:00 PM PT) today, Thursday, November 9, 2023.

Nuvve Achieves Record Month for Charging Station Deployments

Retrieved on:

Thursday, November 2, 2023

Growth, AC, Transport, K-12, DC, EV, EVSE, Health, SAN, Acceleration, Renewable energy, Nuvve Kavali

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.

Key Points:

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's K-12 business unit, which the Company launched in June 2023 to focus on turnkey electrification services for student transportation, performed these deployments.
The prior monthly record was 24 chargers representing 1.1 MW, and with a planned acceleration in connections in November and December, Nuvve expects to surpass its prior quarterly record in the fourth quarter of 2023.
"We are thrilled by the momentum Nuvve has gained in the pace of deployments of our V2G software-equipped fast chargers," said Nuvve CEO Gregory Poilasne.

Nuvve and Blue Bird Equip First All-Electric School Fleet in Texas

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Wednesday, October 25, 2023

Kimbrough, ISD, Martinsville Independent School District, Bluebird, Construction, K-12, Software, Blue Bird Vision, Nuvve Kavali, Transport, Playbook, Student, Partnership, Blue Bird Corporation, SAN, Rail transport, Management

SAN DIEGO, Oct. 25, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, and Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, have replaced the Martinsville Independent School District (ISD)'s diesel fleet with five Blue Bird Vision electric buses, five Nuvve Level II chargers and the innovative AI-powered Nuvve FleetBox 2.0 charge management software.

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Martinsville ISD is now officially the first Texas school district to boast an all-electric school bus fleet, according to the Texas Electric School Bus Project , a nonprofit that tracks school transportation electrification in the state.
Now, after working so closely with Nuvve, Blue Bird and Rush Truck Centers, I'm a believer in clean transportation and clean wind power for Texas communities like mine.
Blue Bird, an iconic, century-old school bus builder, helps school districts in Texas and across North America accelerate the adoption of its electric, zero-emission school buses.
"With more than 1,500 electric vehicles on the road, Blue Bird is the undisputed leader in zero-emission school buses.

Nuvve Receives 180 Calendar Day Extension from the Nasdaq Stock Market to Regain Compliance with Bid Price Rule

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Thursday, October 12, 2023

Calendar, BID, SAN, Auction, Nuvve Kavali

SAN DIEGO, Oct. 12, 2023 /PRNewswire/ -- Nuvve Holding Corp. ("Nuvve" or "the Company") (Nasdaq: NVVE), a global leader in vehicle-to-grid technology and deployments, announced today that it has received a 180 calendar day extension, until April 8, 2024, from the Nasdaq Stock Market ("Nasdaq"), to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) (the "Bid Price Rule").

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SAN DIEGO, Oct. 12, 2023 /PRNewswire/ -- Nuvve Holding Corp. ("Nuvve" or "the Company") (Nasdaq: NVVE), a global leader in vehicle-to-grid technology and deployments, announced today that it has received a 180 calendar day extension, until April 8, 2024, from the Nasdaq Stock Market ("Nasdaq"), to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) (the "Bid Price Rule").
The Bid Price Rule stipulates that the bid price of Nuvve's common stock must close at $1.00 per share or more for a minimum of 10 consecutive business days.
Nuvve will continue to monitor the closing bid price of its common stock and plans to pursue available options to regain compliance with the Bid Price Rule, including potentially pursuing a reverse stock split.
If Nuvve authorizes a reverse stock split, it will plan to effectuate the split no later than ten business days prior to the end of the extension in order to timely regain compliance.

Nuvve Provides Second Quarter 2023 Financial Update

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Thursday, August 10, 2023

Insurance, Advertising, Optimism, Travel, EV, Marketing, DC, VIE, Astrea, AC, SAN, Engineering, Transport, Research, Total, Cryptocurrency, Life insurance, Nuvve Kavali

SAN DIEGO, Aug. 10, 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 second quarter 2023 update.

Key Points:

SAN DIEGO, Aug. 10, 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 second quarter 2023 update.
Overall, visibility is gradually improving, and we expect to sustain momentum from the first half of the year in the second half."
Products and services margin increased to 4.8% for the three months ended June 30, 2023 compared to 3.1% in the same prior year period.
The Company will hold a conference call to review its financial results for the second quarter of 2023, along with other Company developments, at 5:00 PM Eastern Time (2:00 PM PT) today, Thursday, August 10, 2023.

Nuvve's Largest DC Fast Charger Order To Power New England School Bus Fleet

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Thursday, July 13, 2023

National Grid plc, V2G, Tree, Thomas Built Buses, Carbon, K-12, EPA, Nuvve Kavali, Student, Lawrence Public Schools, United States Environmental Protection Agency, National Grid, SAN, Mobility, Transport, Health, Beacon, Rail transport

SAN DIEGO, July 13, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in vehicle-to-grid technology and deployments, will supply NRT Bus, a member of the Beacon Mobility family of companies, with 25 bi-directional Nuvve DC Rapid HD Charging Stations for Lawrence Public Schools in Lawrence, Mass.

Key Points:

Beacon Mobility subsidiary NRT Bus will use 25 Nuvve DC Rapid HD Charging Stations for new electric school buses in Lawrence, Mass.
Designed specifically for vehicle-to-grid (V2G) operations, the Nuvve chargers will power a fleet of 25 new electric school buses manufactured by Thomas Built Buses and secured under the largest Environmental Protection Agency (EPA) Clean School Bus Grant awarded in Massachusetts last year.
New England Transit Sales and strategic partner Beacon Mobility helped NRT Bus secure funding during the first round of EPA grants.
DC fast-charging comes standard with the Thomas Built Jouley model with each bus capable of a 138-mile operating range on a single charge.

Nuvve Names Senior Sales Executive to Lead K-12 Student Transportation Division

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Tuesday, June 6, 2023

Nuvve Kavali, GSA, Bluebird, Health, Marketing, Original equipment manufacturer, V2G, ESB, School bus, Stephen Bercik, K-12, School, Blue Bird Corporation, SAN, Transport, Environment, Management

SAN DIEGO, June 6, 2023 /PRNewswire/ -- Experienced student transportation and automotive sales and marketing executive David Bercik has joined Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in vehicle-to-grid (V2G) technology, to launch Nuvve K-12, a new division focused on turnkey electrification services for student transportation. As Senior Vice President of Sales – School Bus and GSA, Bercik will lead Nuvve's North American student transportation and government fleet sales, supporting its customers through their entire electrification process.

Key Points:

Senior Vice President of Sales David Bercik comes from partner Blue Bird with responsibility for Nuvve K-12, a new dedicated division providing turnkey fleet electrification services for North American student transportation
SAN DIEGO, June 6, 2023 /PRNewswire/ -- Experienced student transportation and automotive sales and marketing executive David Bercik has joined Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in vehicle-to-grid (V2G) technology, to launch Nuvve K-12, a new division focused on turnkey electrification services for student transportation.
As Senior Vice President of Sales – School Bus and GSA, Bercik will lead Nuvve's North American student transportation and government fleet sales, supporting its customers through their entire electrification process.
With Nuvve K-12, school transportation leaders are not alone on their electrification journeys," said Nuvve CEO Gregory Poilasne.
"I can't think of a more qualified or driven leader for overseeing this division and our government sales than David Bercik."