- Nuvve has been developing a global, two-directional EV charging network through projects and commercial activity in Denmark.
- The company just announced plans to accelerate its commercial activity by forming a joint venture to develop a North American V2G network utilizing electric yellow school buses.
- The company's technology helps to solve the shortfall in the electric grid's lack of production capacity to meet expected demand while also providing energy storage and backup for renewable energy.
- The company is the only V2G commercial enterprise in North America, giving it a first-mover advantage.
- Nuvve's business plan is low on capex and does not require taking on debt in order to scale.
For further details see:
Nuvve Holding: An Undervalued EV Play