Nuvve Holding Corp.

Nuvve Holding Corp.

OOTC:NVVE
0.81
USD
-0.08
(-8.99%)
Nov 18Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Gregory Poilasne
Full Time Employees
45
Sector
Producer manufacturing
Industry
Electrical products
Address
San Diego United States
Website
nuvve.com
Business
Nuvve Holding Corp. is a green energy technology company that develops and commercializes vehicle-to-grid (V2G) software platforms and electric vehicle (EV) infrastructure solutions. Founded in 2010 and headquartered in San Diego, California, the company bridges the transportation and energy sectors by aggregating electric vehicle batteries into virtual power plants (VPPs) that provide bi-directional energy management and grid-stabilization services across North America, Europe, and Asia-Pacific. The company offers the Grid Integrated Vehicle (GIVe) software platform, a cloud-based operating system that enables bi-directional power exchange between electric vehicle batteries and electric utility grids; fleet management and smart charging software for both uni-directional (V1G) and bi-directional (V2G) charging applications; turnkey commercial charging infrastructure solutions, encompassing alternating current (AC) and direct current (DC) fast-charging hardware, site design, and installation; Charging-as-a-Service (CaaS) and infrastructure financing packages; and grid ancillary services, including frequency regulation, peak shaving, demand charge management, voltage support, emergency backup power, and energy arbitrage. Nuvve primarily serves public school districts, municipal transit agencies, commercial fleet operators, electric utilities, regional transmission organizations, and automotive original equipment manufacturers (OEMs). Recent corporate developments include the transition of the company's common stock trading to the OTC Markets following its delisting from the Nasdaq Capital Market; operational restructuring and cost-containment initiatives aimed at focusing capital on core software monetization; the expansion of commercial V2G school bus deployment programs across several United States school districts in collaboration with electric school bus manufacturers; strategic partnerships with stationary energy storage and microgrid developers to integrate bi-directional vehicle charging into local resilience systems; and capital restructuring transactions, including debt refinancing and equity financing agreements to fund ongoing platform engineering and operations.