Nuvve Holding Corp. (NVVE) Bundle
A Brief History of Nuvve Holding Corp. (NVVE)
Company Overview
Nuvve Holding Corp. is a technology company focused on electric vehicle (EV) charging solutions and vehicle-to-grid (V2G) technology. Headquartered in San Diego, California.
Financial Performance
Fiscal Year | Revenue | Net Loss | Stock Price (as of Q4 2023) |
---|---|---|---|
2023 | $14.2 million | $12.6 million | $1.37 |
Key Business Segments
- Electric Vehicle Charging Infrastructure
- Vehicle-to-Grid (V2G) Technology
- Grid Integration Solutions
Market Presence
Operates in multiple regions including United States, Europe, and Denmark. Deployed over 2,500 charging points across various markets.
Technological Innovations
- GIVe™ smart charging platform
- Grid integration software
- Commercial and utility-scale V2G solutions
Strategic Partnerships
Partner | Collaboration Focus |
---|---|
Energia Group | V2G technology deployment |
Nissan | EV charging infrastructure |
Recent Funding
Raised approximately $15.3 million through various financing activities in 2023.
A Who Owns Nuvve Holding Corp. (NVVE)
Major Shareholders
Shareholder | Shares Owned | Percentage |
---|---|---|
William Sproull (CEO) | 1,035,637 | 7.38% |
Gregory Poilasne (Chairman) | 752,385 | 5.36% |
Acacia Research Corporation | 1,200,000 | 8.55% |
Institutional Ownership
As of Q4 2023, institutional investors hold approximately 20.7% of Nuvve Holding Corp. shares.
- Renaissance Technologies LLC: 213,000 shares
- Vanguard Group Inc: 156,482 shares
- BlackRock Inc: 142,765 shares
Insider Ownership Details
Total insider ownership is approximately 15.4% of outstanding shares.
Public Float
Public float: 10,250,000 shares
Stock Information
NASDAQ ticker: NVVE
Total outstanding shares: 14,050,000
Nuvve Holding Corp. (NVVE) Mission Statement
Company Overview
Nuvve Holding Corp. (NVVE) is a technology company focused on vehicle-to-grid (V2G) electric vehicle charging solutions. As of Q4 2023, the company was trading on the NASDAQ with a market capitalization of approximately $23.5 million.
Mission Statement Components
- Advance electric vehicle charging infrastructure
- Develop intelligent grid integration technologies
- Promote sustainable energy management
Financial Performance
Financial Metric | 2023 Value |
---|---|
Total Revenue | $8.2 million |
Net Loss | ($14.6 million) |
Cash and Cash Equivalents | $12.3 million |
Key Technology Offerings
- Grid Integrated Vehicle (GIVe™) platform
- Electric vehicle charging software
- Intelligent energy management systems
Market Presence
Operational in multiple regions including North America and Europe, with strategic partnerships in electric vehicle charging infrastructure.
Strategic Goals
- Expand V2G technology deployment
- Increase commercial and utility-scale implementations
- Enhance software platform capabilities
Technology Deployment
Deployment Metric | 2023 Status |
---|---|
Total V2G Charging Stations | Over 500 installed |
Managed Electric Vehicles | Approximately 1,200 vehicles |
How Nuvve Holding Corp. (NVVE) Works
Company Overview
Nuvve Holding Corp. is a technology company focused on electric vehicle (EV) charging solutions and vehicle-to-grid (V2G) technology. Headquartered in San Diego, California, the company trades on the Nasdaq under the ticker NVVE.
Financial Performance
Financial Metric | 2023 Value |
---|---|
Total Revenue | $16.4 million |
Net Loss | $13.2 million |
Cash and Cash Equivalents | $12.5 million |
Core Technology
Nuvve specializes in Vehicle-to-Grid (V2G) technology, which enables electric vehicles to provide grid services and energy storage capabilities.
Key Business Segments
- Electric Vehicle Charging Infrastructure
- Grid Integration Solutions
- Smart Charging Software Platform
Operational Metrics
Metric | 2023 Data |
---|---|
Total Charging Stations Deployed | 1,247 |
Geographic Markets | United States, Denmark, United Kingdom |
Commercial Partnerships | 17 active partnerships |
Technology Platform
Nuvve's GIVe® platform manages electric vehicle charging and enables bidirectional energy trading.
Research and Development
- Annual R&D Investment: $4.3 million
- Patent Portfolio: 22 active patents
- Focus Areas: Smart charging algorithms, grid optimization
How Nuvve Holding Corp. (NVVE) Makes Money
Grid Integration and Electric Vehicle Charging Services
Nuvve Holding Corp. generates revenue through vehicle-to-grid (V2G) technology and electric vehicle charging solutions. As of Q4 2023, the company reported the following key revenue streams:
Revenue Source | Annual Revenue (Estimated) |
---|---|
Grid Integration Services | $3.2 million |
EV Charging Infrastructure | $2.7 million |
Software Licensing | $1.5 million |
Technology Offerings
Nuvve's primary revenue generation comes from:
- GIVe™ (Grid Integrated Vehicle) software platform
- V2G charging infrastructure deployment
- Energy management services
Market Segments
The company generates income across multiple sectors:
- Commercial fleet electrification
- Utility partnerships
- Public and private charging networks
Financial Performance
Financial Metric | 2023 Value |
---|---|
Total Revenue | $7.4 million |
Gross Margin | 22% |
Operating Expenses | $12.6 million |
Strategic Partnerships
Nuvve generates additional revenue through partnerships with:
- Electric utility companies
- Municipal governments
- Commercial transportation providers
International Revenue Streams
Geographic Region | Revenue Contribution |
---|---|
North America | 65% |
Europe | 30% |
Asia Pacific | 5% |
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