Nuvve Holding Corp.

Nuvve Holding Corp. is a grid modernization and advanced energy storage and management company. It has developed a proprietary vehicle-to-grid ("V2G") technology, including its Grid Integrated Vehicle ("GIVe") cloud-based software platform, which is powered by advanced artificial intelligence ("AI"). This AI-driven platform links multiple electric vehicle ("EV") batteries and stationary batteries into a virtual power plant to provide bi-directional energy to the electrical grid in a qualified and secure manner. The company's technology uses a comprehensive AI architecture that spans the entire business, leveraging machine learning and predictive analytics for real-time energy forecasting. This anticipates grid demand, energy pricing fluctuations, and optimal charge-discharge cycles. This AI approach is also embedded in product development and sales management processes. Nuvve combines its AI-powered V2G technology with an ecosystem of electrification partners to dynamically manage power among EV batteries, stationary batteries, Distributed Energy Resources ("DER"), and the grid. The company's products are designed to transform EVs into mobile energy storage assets and network EV and stationary battery capacity. Since its founding in 2010, Nuvve has deployed V2G projects on five continents and offers electrification solutions for fleets of all types. Its platform dynamically manages power to and from stationary batteries, EV batteries, and the grid at scale.