Nuvve Holding Corp Overview
Industry: Specialty Retail
Sector: Consumer Cyclical
Nuvve Holding Corp., a green energy technology company, develops and commercializes vehicle-to-grid (V2G) technology in the United States, the United Kingdom, and Denmark. The company offers fleet and electric bus charging solutions, and V1G and V2G charging stations based on Grid Integrated Vehicle, a V2G technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services. Its V2G technology also links EV batteries into a virtual power plant that sells excess power to utility companies or utilizes saved power to reduce building energy peak consumption. The company was founded in 2010 and is headquartered in San Diego, California.
Nuvve Holding Corp is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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