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LEV - Nuvve: An Undervalued And Misunderstood EV Software Company
The Lion Electric Company
Nuvve is a software company providing Vehicle-to-Grid services to fleet owners owning Electric Vehicles ("EVs"). Their technology is proven via pilot projects in Europe and Denmark.
Nuvve’s service is increasingly mission-critical as the utility companies are struggling to cope with rising electrical demand.
Nuvve will enjoy strong secular tailwinds from the Biden administration pushing EVs and we see a potential upside of 3x in 5 years.