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Stock impact report

EXCLUSIVE: Nuvve Unveils Scalable V2G Solution at Exelon Event, Turning Parked EVs into Grid Powerhouses [Yahoo! Finance]

Nuvve Holding Corp. (NVVE) 
Company Research Source: Yahoo! Finance
Nuvve deployed its 3-phase Nuvve PowerPort3 Ultra chargers, allowing Ford Mach-E EVs to deliver grid services while parked. This highlights the practical benefits of AC bidirectional power flow as defined by SAE J3068/2. The innovations align with stringent safety and regulatory requirements, setting Nuvve ahead of industry peers in terms of technological capability and compliance. “The ability to harness EVs for grid support provides both revenue opportunities through energy markets and positions Nuvve as a key player in transforming the global energy landscape,” said Gregory Poilasne, CEO of Nuvve. “Our leadership in this space continues to unlock new value for Nuvve as we pave the way for scalable V2G deployments worldwide.” According to Future Market Insights Inc., the global Vehicle-to-Grid (V2G) market will likely grow significantly, reaching $34.7 billion by 2034, with a compound annual growth rate (CAGR) of 22.7% from 2024 to 2034, the company said. Nuvve can captur Show less Read more
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