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's V2G technology bridges the gap between energy and
transportation, while simultaneously regulating energy on the grid.
The Company's V2G Hubs feature leading V2G EV charging technology
that precisely manages the charging and discharging of parked EV
batteries while also prioritizing vehicle and driver considerations
including battery health and charge needs for driving duties. Nuvve
partners with local governments, fleet managers and utilities to
implement projects that reduce electric fleet costs, improve grid
resiliency, better integrate renewable energy sources, and
ultimately speed up America's transition to a decarbonized
transportation sector.
"We see our V2G Hub offering as a key tenet of our future growth
prospects, as these large-scale projects allow us to bring the best
of our capabilities and services into one centralized offering that
opens the door to significant, steady recurring revenues for years
or even decades to come," said Gregory Poilasne, Chief Executive
Officer of Nuvve. "In the first quarter of 2024, Nuvve has already
achieved two key V2G Hub new business wins that represent
significant future upside potential for our business. As this
offering continues to gain momentum, we are pleased to launch a
landing page of resources for customers and other stakeholders
interested in learning more about how Nuvve partners with
communities looking to electrify in an intelligent way. We look
forward to sharing more on our upcoming fourth quarter and full
year earnings call."
Fourth Quarter and Full Year 2023 Conference Call
Details
Nuvve will hold a conference call to review its
financial results for the fourth quarter of 2023, along with other
company developments this Thursday, March
28, at 5:00 PM Eastern Time
(2:00 PM PT).
About Nuvve
Nuvve (Nasdaq: NVVE) is a global
technology leader accelerating the electrification of
transportation through its proprietary vehicle-to-grid (V2G)
platform. Nuvve's mission is to lower the cost of electric vehicle
ownership while supporting the integration of renewable energy
sources, including solar and wind. For more information, please
visit nuvve.com.
Nuvve Investor Contact
investorrelations@nuvve.com
+1 (619) 483-3448
Nuvve Press Contacts
press@nuvve.com
+1 (619) 483-3448
Nuvve Forward Looking Statements
This press release contains forward-looking statements or
forward-looking information within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of forward-looking terms
such as "may," "will," "expects," "believes," "aims,"
"anticipates," "plans," "looking forward to," "estimates,"
"projects," "assumes," "guides," "targets," "forecasts,"
"continue," "seeks" or the negatives of such terms or other
variations on such terms or comparable terminology, although not
all forward-looking statements contain such identifying words.
Forward-looking statements include, but are not limited to,
statements concerning the Company's expectations, plans,
intentions, strategies, prospects, business plans, product and
service offerings, new product launches, potential clinical
successes, and other statements that are not historical facts.
Nuvve cautions you that these forward-looking statements are
subject to numerous risks and uncertainties, most of which are
difficult to predict and many of which are beyond the control of
Nuvve. Such statements are based upon the current beliefs and
expectations of management and are subject to significant risks and
uncertainties that could cause actual outcomes and results to
differ materially. Some of these risks and uncertainties can
be found in Nuvve's most recent Annual Report on Form 10-K and
subsequent periodic reports filed with the Securities and Exchange
Commission (SEC). Copies of these filings are available online at
www.sec.gov, https://investors.nuvve.com/ or on request from
Nuvve. These factors should not be construed as exhaustive and
should be read in conjunction with the other cautionary statements
that are included in the Nuvve's filings with the SEC. Such
forward-looking statements speak only as of the date made, and
Nuvve disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. Readers of this press release are
cautioned not to place undue reliance on these forward-looking
statements, since there can be no assurance that these
forward-looking statements will prove to be accurate. This
cautionary statement is applicable to all forward-looking
statements contained in this press release.
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SOURCE Nuvve Holding Corp.